New ideas disrupt the system. Developing nations are by default conventional.
The US continues to be the wealthiest nation in the world because Americans are more open to new ideas than any other nation. They are inured to things changing, and usually, they change for the better. A country open to original ideas creates space for them; a new market opens up. A country closed to ideas creates frustration, false stability, and inevitably, corruption. There would be much respect to the face—and daggers sticking in the back. So those who can, up and leave.
Which explains why over 50 percent of IIT talents find a perch in the US alone. There, they become well-employed and send a pittance home. If we had succeeded in retaining them, we would be a scientific and entrepreneurial nation and get all of it. In 2022, foreign remittances to India stood at $100 billion. Imagine what we might have achieved if this country had provided a decent work and life environment for the talented.
India ranks as one of the largest exporters of human capital worldwide. In 2022, over 560,000 skilled Indians migrated to OECD countries, marking a 30 percent increase from the previous year, according to International Migration Outlook, 2022. The US, UK and Canada were the top destinations. Canada alone has granted permanent residency to over 226,000 Indians in the past decade.
Denne historien er fra January 07, 2025-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra January 07, 2025-utgaven av The Morning Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
HALT COW VIGILANTISM AND CATTLE TARGETING
TWO incidents of maiming, stealing and butchering cows in Karnataka have emerged as a threat to communal harmony even as cow vigilantism continues to be major menace in different parts of the country.
T'gana seals deals at Davos, AWS to invest ₹60K cr
THE Telangana government's delegation to the World Economic Forum in Davos secured investment commitments to the tune of ₹1,78,950 crore, which could create nearly 50,000 jobs in the state.
'Unaware of Lokayukta clean chit in MUDA case'
HC had asked anti-graft body to submit report on Siddaramaiah role
THE EAGLE STAYS IN STARING CONTEST WITH THE BEAR
Given the postures Trump and Putin struck this week, a thaw in US-Russia relations is unlikely anytime soon. Trump is not intent on jettisoning US claims to global hegemony
Apple or Android phones: Notices issued to Uber, Ola over price disparity
THE Centre has issued notices to Ola and Uber over complaints that they were charging different prices from customers depending on whether the booking was from an iPhone or an Android smartphone.
SAD ignoring Akal Takht edict in full, triggers Punjab uproar
SGPC members demand action against the party leadership for not complying Takht order
Global leaders call for action on AI
LEADERS from various countries called for action on artificial intelligence and reforms as they brainstormed here during the five-day World Economic Forum Annual Meeting, which ends on Friday.
Kejriwal's car attacked in Hari Nagar, alleges AAP
AAM Aadmi Party (AAP) has alleged that the security of its national convener, Arvind Kejriwal, was once again compromised during a 'Jan Sabha' in Hari Nagar, where his vehicle was attacked by associates of the opposition candidate in the presence of police.
Spin it to win it: Varun growing in stature
Gambhir and other leaders in the team has propelled spinner to be more attacking, says former India pacer Balaji
A Mirror of Life
At the 'Expanding Horizons' exhibition, 19 artists present works exploring themes of urbanisation, climate change, tradition, and identity
