Question

Q.2 a. Write the summary of the following paragraphs and suggest a suitable title. (10
marks)
The economic transformation of India is one of the great business stories of our time.
As stifling government regulations have been lifted, entrepreneurship has flourished,
and the country has become a high-powered centre for Information technology and
pharmaceuticals. Indian companies like Infosys and Wipro are powerful global players,
while Western firms like G.E and I B.M. now have major research facilities in India
employing thousands. India's seemingly endless flow of young, motivated engineers,
scientists, and managers offering developed-world skills at developing-world wages is
held to be putting American jobs at risk, and the country is frequently heralded as "the
next economic superpower."
But India has run into a surprising hitch on its way to superpower status. its
Inexhaustible supply of workers is becoming exhausted Although India has one of the
youngest workforces on the planet, the head of Infosys said recently that there was an
"acute shortage of skilled manpower, and a study by Hewitt Associates projects that
this year salaries for skilled workers will rise fourteen and a half per cent, a sure sign
that demand for skilled labor is outstripping supply. Ultimately, the Indian government
has to pull off a very tough trick, making serious changes at a time when things seem to
w
be going very well. It needs, in other words, a clear sense of everything that can still go
wrong The paradox of the Indian economy today is that the more certain its glowing
future seems to be the less likely that future becomes​

Answer 1

Explanation:

Chitra Ramkrishna Chitra Ramkrishna