Brain gain! Fewer IITians going abroad!
George Iype | May 17, 2005
'Brain drain represents a $2 billion annual loss to India' -- The United Nations Human Development Report, 2000.
But the times have changed. In the last five years, there has been a drastic decline in the number of Indian students leaving the country for higher studies and better paying jobs abroad.
Prestigious engineering schools such as the Indian Institutes of Technology are these days reporting a 'disinterest' amongst students to go abroad because of better emerging opportunities within the country.
Says V Kalyanaraman, Dean of the Centre for Industrial Consultancy and Sponsored Research at the Indian Institute of Technology, Madras: "The number of graduate students from IIT going abroad for further studies or jobs has drastically decreased."
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