1. Labour intensive and Capital intensive, Economic policies two ways. Our policy is Mixed, ie., Labour and Capital. Ex. LIC, BHEL, SBI stands testimony to this. This Mixed economy is Unique for our Nation. 2. Adaptation New technology in any organisation, leads to Job Cut. Machine sucks human blood at the back and black side. Hindustan Teleprinters Ltd, Telecom service provider closed operation, since market dynamics changed from Dialed-Wired to Mobile. Nokia 2G enjoyed HTL closure. Years after same HTL closure happens to Nokia by the invention of " Touch Technology" and Korean SamSung Galaxy picked the Lion-Share of Market. 3. AI, Cloud, ML, 5G growth, we have to pay the heavy PRICE for adaptation to NEW INVENTIONS. Labours of HTL, Labours of Nokia not at the age group of 50's but 30's. 4. 5G RISKS 4. Any MNC, moving to 5G at the cost of Labours Job first. Thatz they claim as Optimized to $100 million is saving by moving to CLOUD. Black-side ...
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