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Scammers gaming India’s overcrowded job market

theguardian.com

11–20 of 79 posts

Re: Scammers gaming India’s overcrowded job market

#11
post #9

This is like the boiler room stuff from "Wolf of Wall Street". Unfortunately it is not reviled rather held in awe. One thing which is never talked about in these articles is the failure of Indian government (past and present) to find effective family planning policies. Population growth is through the roof and hence unemployment is huge. With not much left in terms of job prospects lot of people turn to shady stuff.…

India only has a 1.2% population growth rate including an aging population (https://www.statista.com/statistics/254469/median-age-of-the...) which is down from 2.2% in 1980 and well below it's ~7% GDP growth rate.

They are simply dealing with the normal issues for a rapidly developing nation. Plus the new generation entering the work force is based on their population growth rate ~20 years ago.

Re: Scammers gaming India’s overcrowded job market

#13
post #11
post #9

This is like the boiler room stuff from "Wolf of Wall Street". Unfortunately it is not reviled rather held in awe. One thing which is never talked about in these articles is the failure of Indian government (past and present) to find effective family planning policies. Population growth is through the roof and hence unemployment is huge. With not much left in terms of job prospects lot of people turn to shady stuff.…

India only has a 1.2% population growth rate including an aging population ( https://www.statista.com/statistics/254469/median-age-of-the... ) which is down from 2.2% in 1980 and well below it's ~7% GDP growth rate. They are simply dealing with the normal issues for a rapidly developing nation. Plus the new generation entering the work force is based on their population growth rate ~20 years ago.

I am not sure what is the data source on statista but the last census happened in 2011:

http://www.simplydecoded.com/wp-content/uploads/2013/09/TH01...

The last decade was the only one where the population growth has slowed. And even then the growth was ~17% in 10 years.

Re: Scammers gaming India’s overcrowded job market

#14
post #9

This is like the boiler room stuff from "Wolf of Wall Street". Unfortunately it is not reviled rather held in awe. One thing which is never talked about in these articles is the failure of Indian government (past and present) to find effective family planning policies. Population growth is through the roof and hence unemployment is huge. With not much left in terms of job prospects lot of people turn to shady stuff.…

> One thing which is never talked about in these articles is the failure of Indian government (past and present) to find effective family planning policies. Population growth is through the roof and hence unemployment is huge.

Looking at the actual data https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?location... it's not clear that the government could have found more effective family planning policies, save for rather draconic China-like measures.

Re: Scammers gaming India’s overcrowded job market

#15
post #9

This is like the boiler room stuff from "Wolf of Wall Street". Unfortunately it is not reviled rather held in awe. One thing which is never talked about in these articles is the failure of Indian government (past and present) to find effective family planning policies. Population growth is through the roof and hence unemployment is huge. With not much left in terms of job prospects lot of people turn to shady stuff.…

> With not much left in terms of job prospects lot of people turn to shady stuff.

Plenty of opportunity out there in the farms, most of my friends have moved back to India to start (new-ish) farming practices.

It's this pervasive attitude that cities will provide you with growth, a big salary package and all for a degree that you've not been trained well in. Only a few universities in India are actually universities. The others are just as abhorrent money making scams as these call centers, comparable to Trump's University.

I propose we train them in maintaining our agrarian economy well, we're still reliant on the monsoon for many crops, which is not acceptable for this day and age. And most of all, this will get you votes, this will get you the MOST votes.

Re: Scammers gaming India’s overcrowded job market

#16
post #11

Earlier quoted context omitted.

India only has a 1.2% population growth rate including an aging population ( https://www.statista.com/statistics/254469/median-age-of-the... ) which is down from 2.2% in 1980 and well below it's ~7% GDP growth rate. They are simply dealing with the normal issues for a rapidly developing nation. Plus the new generation entering the work force is based on their population growth rate ~20 years ago.

I am not sure what is the data source on statista but the last census happened in 2011: http://www.simplydecoded.com/wp-content/uploads/2013/09/TH01... The last decade was the only one where the population growth has slowed. And even then the growth was ~17% in 10 years.

17% over a decade works out to 1.58% every year

Re: Scammers gaming India’s overcrowded job market

#17

edited: Some grammatical errors. Great read, and full of issues that are discussed on HN everyday. Also, not a new topic, the call centers have been on the decline for long, and for good reasons. > -today, young people from agricultural castes want to work in offices and not farms. I wondered what other options were open to them. > Poojary read it out to me in his best American accent, which he had perfected by the e…

What the fuck are you talking about, you ignorant dalit. Learn to fucking read, bhenchod.

Re: Scammers gaming India’s overcrowded job market

#18
post #11

Earlier quoted context omitted.

India only has a 1.2% population growth rate including an aging population ( https://www.statista.com/statistics/254469/median-age-of-the... ) which is down from 2.2% in 1980 and well below it's ~7% GDP growth rate. They are simply dealing with the normal issues for a rapidly developing nation. Plus the new generation entering the work force is based on their population growth rate ~20 years ago.

I am not sure what is the data source on statista but the last census happened in 2011: http://www.simplydecoded.com/wp-content/uploads/2013/09/TH01... The last decade was the only one where the population growth has slowed. And even then the growth was ~17% in 10 years.

You can get good data by looking at birth and death records in the short term. Census is needed to normalize things over time, but they are hardly needed every year.

Re: Scammers gaming India’s overcrowded job market

#19
post #2

> “In Delhi, you can’t become an important man without pulling some kind of fraud,” This is not only a problem in India. We need to stop dealing with companies that have bad ethics or values, so that they go out of business. Do not work for them and do not do business with them. Sure you might lose money in the short run, but we all win in the end.

It needs people to take a stand and I think that's what's lacking. Often the alternative is not starvation so desperation isn't always an excuse. Look, if everyone around you is a cynic, if everyone around you is saying you're a dummy for being an honest person, if everyone around you is saying 'this is the way things work around here', you need to be brave AND honest to push back against that. Most humans (anywhere)…

[deleted]

Re: Scammers gaming India’s overcrowded job market

#20

Reminded me we hired an indian android developer (contractor) through a phone interview (in US). When “he” showed up for work, it wasn’t him. The contractor who actually showed up couldn’t answer the same questions.

Had the same thing happen at a startup I was at. We had a .Net developer get hired. First week he showed up and was asked to do some remedial stuff like update some tables on a database and then refactor a few controllers in one of our apps.

First day he sat at his desk browsing the internet all day. Second day, the senior dev asked if he needed help and by the third day he was bringing in several .Net programming books to try and help him.

By the end of the week he was out. Both founders said they would only hire domestically from now on and do a better job of screening people.

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