Business Process Outsourcing gives tremendous help to the companies to concentrate more on the core areas of their business. The most important factor behind the growth in the BPO market world wide today is an increase in the number of enterprises that are reviewing their internal operations in an attempt to fully understand their true core competencies. In the process they are able to focus more on their core competencies. Business Process Outsourcing gives more freedom to the management to focus more time, energy, and resources on building the company's core businesses. It is because the BPOs assume full responsibility for managing the day-to-day back-office operations.
Indian economy is dominated by service sector which contributed approximately 69% to the total GDP in 2013. Wholesale and retail trade contributes 23% and financial institution and real estate contributes 17% which play a vital role in economic development of India. The Indian government encourages foreign investment in the automobile sector and allows 100% FDI through automatic route.
Jeff talks about integral activism with Justin Miles, founder of the Miles Center for Integral Living in Baltimore. Justin is a former member of the Black Panther party, Buddhist meditation teacher, and therapist. Jeff also looks at the role of cynicism in our political discourse, and takes a couple questions from listeners.