Very short essay on brain drain

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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.

What are some very effective ways to curb the brain drain problem in India? What is the best argument supporting brain drain from India.

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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The issue of brain drain is an international phenomenon and an outcome of the trend of globalization, but unlike other benefiting affects of it, brain drain has a negative impact. The problem of brain drain can be effectively tackled. For this, countries suffering from it have to improvise their own socio-economic conditions and provide better salary scales and safe and healthy work conditions to their human capital. Better and updated labs equipped with latest equipment can help retain more scientists and researchers leaving their country owing to lack of research opportunities.

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It is high time that we take concrete and immediate steps to check this brain drain because India is one of the worst hit countries by this intellectual exodus. India is bound to become a major world and industrial power sooner rather than later. The opening up of its economy and liberalization of industrial and technological sectors will make it one of the most industrialized and scientifically advanced nations of the world. The multinational companies, foreign institutional investors and others are parking their huge funds in India.