Have you ever thought What IT Professional or Software Engineer contributes to Nation?Let's talk about how do they do it…
-by Nimish & Pragya
A most common question to a student during schooling is ‘What do you want to become when you grow up?’. You would have been asked this question in your childhood as well. And, the most common answer to this question is ‘I want to work hard, get higher education and contribute to the nation’. If such students remain determined with their words, they get a good education, get into a profession and serve the nation directly or indirectly.
So, let us talk about different professions and their contribution to the nation.
If professions are categorized based on their contribution to the nation, I can think of 4 broad categories – 1. Professions where you directly serve to the nation, like farmers, army man, policeman, bureaucrats, government servants, journalists, etc. 2 Professions where you serve to people and indirectly contributes to the nation like doctors, teachers, bank professionals, shop keepers, other businessmen, etc. 3. Professions where you work in different industries and indirectly serve the nation like civil engineers, mechanical engineers, manufacturers, labors, etc. 4. And there is the fourth category of the profession which is formed in recent decades but grown very fast. This category of professions includes IT professionals, computer/software engineers, data scientists, consultants, etc.
Contribution of the first three categories to the nation is pretty straight forward to understand. But how this fourth category contributes to the nation because most of them work for foreign clients.
You might not know the answer if you are not in this profession. Even I chose this profession and I did not know the answer until I understood the business model of this industry. Yes, people of this fourth category of professions do not serve directly to nation, neither they serve to people. But their monetary contribution to the nation’s economy is highest and they work as a fuel for the first three categories where people either directly or indirectly serve to the nation.
But how? Monetary contribution of professionals from the first 3 categories is common.
They extract money from the economy on behalf of their service, pay back one part of that money as tax to the government and spend back remaining part of that money to the same economy. So, the whole money rotates within the same economy. But, this is not the same case for the fourth category. They extract money from the foreign economy, pay a part of it as tax to the government and spend remaining money to the nation’s economy. So, money is not rotated within the same economy. It is extracted from a foreign economy and the whole amount is injected into the nation’s economy. This money works as a fuel for the remaining 3 categories. Many IT professional’s works abroad but still this business model remains the same. They earn money from the foreign economy and spend to nation’s economy. Also, wherever such industries are stabilized, it creates huge employment for the local community like real estate, caterers, housekeepers, security guards, transporters, etc.
QUESTION FOR YOU: What do you think What IT Professional or Software Engineer contributes to Nation? Write You Answer In Comment Section
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Until Next Time!
Pragya & Nimish