The global recessionary trends have affected the young employees of the Indian software industry in Hyderabad in more than one-way. While on one hand it is has spelt job loss fear, on the other hand, the parents of brides-to-be are no longer in search of IT grooms for their daughters.
A mother of a would-be bride said she would prefer non-IT professionals for her daughter seeing the latest trend.
“It fluctuates. Day-to-day it can change. What is happening now could be a short phase,” said Sharda Singh, mother of a would- be bride.
A father of a would-be bride expressed his concern too saying these ups and downs are bound to take place in any economy.
“There will be some ups and downs in anybody’s life like that any sector in a country or the world can also have its ups and downs,” said Rama Rao, father of a would be bride.
Some parents said they did not want to take interest in the marriage proposals of IT professionals any more as they were too scared of recessionary trends. “I am very afraid of its effects,” said S Krishna, father of a would- be bride.
After bailout packages for banks, airlines, industries, etc, we need a bailout package for IT professionals. The US Sub-Prime Crisis is affecting India more than it is affecting the US.