What is piracy of Indian Economy?

Answer 1

please visit

http://news.indiamart.com/news-analysis/indian-economy-may2006.html


IDC study has shown that nations with the highest piracy rates stand to gain the most from reducing software piracy. India"s IT sector, which is already the region"s leader could double through a reduction in piracy rates. The study has shown that cutting India"s piracy rate by another 10 points, to 60 percent, by 2006, could create nearly 50,000 high-tech jobs - more than two-and-a-half times the number now available in the domestically focused portion of India"s software industry. It could also add $2.1 billion to India"s economy and increase local industry revenues by more than $1.6 billion and could generate an additional $92 million in tax revenues. So, the economic benefits of cutting down piracy rate are enormous and Indian should look at this seriously. IT is a sizable part of the Indian economy and any growth in this sector would have a trickle down effect in the other sectors as well.

How would a reduction in the piracy rate impact the R&D scene in India?
By protecting intellectual property, innovators can be assured that their hard work can be rewarded in software and service sales. As a result, innovative software entrepreneurs can create pioneering new enterprises -- employing more people and generating more tax revenue. As India is basically a software exports market, with lower piracy and assurance of returns on new software, entrepreneurs would start developing software for the local market. So it would lead to more investment in R&D.


What are the BSA initiatives in India in decreasing the piracy rates?
BSA along with NASSCOM would soon be sending out mailers to 10,000 Indian companies informing and encouraging them to use legal software. Software Asset Management seminars would also be held in India. We would also continue our advertisement and reward campaigns in India.
We also conduct training programs for police, prosecutors, etc. to educate them what piracy is all about and how to book the culprits.

Answer 2

India has opted for the copy of the US economy since 1991. All the consumer centric ideas are imported from US. Every thing is saleable from goods to body. This is the piracy of indian economy.