Brain Drain is the emigration of highly trained or intelligent people from a particular country. In last decade, brain drain is happening at an alarming rate, and the stats will open your eyes more clearly.
Among the Asian countries, India continued its trend of being the top country of birth for immigrant scientists and engineers, with 9,50,000 out of Asia’s total 2.96 million.
India’s 2013 figure represented an 85% increase from 2003. India is a developing country so why are our young engineers, entrepreneurs and scientists are flying off to foreign countries.
Why are they not working here? Why are they not living here? Why do they think foreign is better than India?
Here are 5 Reason for India’s Brain Drain –
Unemployment In India
Unemployment in India is a serious social issue. Millions of engineer are graduated every year in India and among that only 4% gets a good job and rest 60% remain unemployed.
The number of unemployed persons in India decreased to 39963 thousand in 2009 from 39974 thousand in 2007. Unemployed persons in India and Kenya averaged 36933 thousand from 1985 until 2009, reaching an all-time high of 41750 thousand in 2001 and a record low of 24861 thousand in 1985 (Wiki). This is the main reason for brain drain in our nation. Corruption and Government are destroying most of the finest talents of our country.
Policies In India
If you are an entrepreneur, then it’s challenging to work here as the economic condition of our nation is very bad. Obviously, you want to earn a lot of money, but in India, taxes like wealth tax and inheritance tax change the game. In India, for every profit of Rs 100 you made, you are supposed to give away 98 INR to govt and keep only Rs 2 for yourself (via). Why would entrepreneurs of our nation work in such a ridiculous condition? Our talented entrepreneur does not want to leave our nation, but policies drag them out.
Further Reading: Indian Education System SUCKS; Here’s Why!
No Value Of Talent
Sundar Pichai is the CEO of Google; Satya Nadella is the chief executive officer of Microsoft, and Indra Nooyi is the chief executive officer of PepsiCo. All the CEO here has one similarity they all are Indians, and now one question arises that if they can become CEO in the USA so why can’t they become CEO in India. Because in India, there is no value of talent; rich will become richer and poor will become poorer and it’s damn true.
In India, you can get any Job with just a recommendation from a higher officer that’s it. You don’t get a job by clearing exam and interview because this is India. Therefore, there is no surprise why our people are more successful in foreign because they value talent, not money.
The population of our country is 1.2 billion and granting job to the whole of the youth of this nation is next to impossible. Millions of engineer are graduating every year in India, so it’s nearly unbearable to give a job to every engineer graduating. Jobs are not matching the growing population, and thousands of engineer remain unemployed, and they have no option to fly to foreign as they welcome them with joy.
Further Reading: 6 Things That Are Going Wrong In Indian Schools
Better Lifestyle And Currency Difference
The lifestyle of foreign is better than the lifestyle of India. In foreign countries, you have new advancement and new technology, and moreover, there is no corruption and rape percentage is few as compared to India.
The technology that India is introducing today has already been in action in other parts of the world. Currency difference between Us Dollar and Indian Rupee is very high (1 INR = 0.015 US Dollar). So, if you work even as a Cashier or on petrol pump in USA or Canada, still you going to earn more than an average engineer in India. Doing these type of work and getting more money than the average engineer of India what else you want.