Real estate agents, who typically quote a “higher than market” price for any property, while selling one to any IT worker, are getting jittery. The marriage market is also expected to witness a correction and non-IT workers can now hope to get married finally. But on the whole, the country has never really appreciated the IT sector. The government avoided touching it and the common man without any IT connection typically derided IT sector workers as products of training institutes such as NIIT and Aptech.
Consider this: even though the IT sector has been growing in double digit years for so many years, most of our festivals still remain associated with agriculture. Indeed, all major Indian festivals are related to harvest: Lohri, Pongal, Onam, Bihu, Makar Sankranti, Baisakhi, etc. When will Indians start celebrating end-January as software firms receive new orders after the lean business month during the holiday season of December?
Similarly, there is yet to be a Hindu god for IT. IT workers have had to do with worshiping Vishwakarma (who specializes in machine tools) and Saraswati (specializes in general studies) in office. As such, it is highly uncertain whether these gods focused in other growing sectors of the economy can help support the IT sector in tougher times. At least, they have been a total failure in stemming the appreciation of the Indian currency. The responsibilities of the gods of the other major religions (that are monotheistic) are too broad to allow them to focus on the IT sector. Specialized gods are a must. One has to only see the performance of gods of Balaji studio to realize this; over years they have become real experts in solving the same problem: restoration of faces after plastic surgeries in Hindi tele-serials.
As such, we must learn from