Brain Drain: SocioEconomic Impact on Indian Society SocioEconomic Impact on Indian Society There are so many causes of the brain drain in India.
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Governments need to show commitment to support research while allowing them to carry on their experiments freely with much independence. To conclude there is a need to review the social, political and economic conditions in the nations suffering from phenomenon of brain drain to provide better security and work opportunities to the skilled resources in the native nation.
Thus, this brain drain or ‘Human Capital Flight’ as it may be called, becomes a threat to the growth of countries which lose the human resources, rich in technical skills or knowledge. This has also increased the disparity in the economic and social prospects of the countries across the world .The rich and developed nations grow richer and prosperous while the developing or underdeveloped nations stay poorer and backward.
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The so called brain drain is actually a brain gain. The ratio is 1:4, for every Canadian going to the U.S., Canada is gaining four U.S. educated students. Immigrants are three times more likely to hold a master’s degree, doctoral or medical degree than the Canadian born population is. Therefore, this says that people who are immigrating into Canada are keeping more of their degrees, than people immigrating to the states. In the end not all the people moving to the states stay there, there is a small percentage of them moving back. Maybe because in the states they aren’t getting all the benefits Canadians are getting. For example medical care.
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