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• On October 3rd, 1965 US President
signed the HART CELLER ACT , also
known as IMMIGRATION &
NATIOANLITY ACT.
1
THE GREAT INDIAN BRAIN
DRAIN
2
WHAT IS BRAIN DRAIN?
3
SURVEYS
• According to the GLOBAL WEALTH MIGRATION
REVIEW, 23000 Indian Millionaires had left the
country.
• 5000 millionaires or 2% of the total number of high
net-worth individuals left the country in 2020 alone.
• More than 1million Indian students are studying
abroad.
• ‘At 18 million , India has the world’s largest diaspora
population.’ THE ECONOMIC TIMES|NRI.
4
• UAE-3.5 MILLION
• USA-2.7 MILLION
• SAUDI ARABIA-
2.5MILLION
• Followed by many
other countries like
CANADA, AUSTRALIA,
KUWAIT, OMAN,UK, etc.
5
INDIAN-AMERICAN
• 75% of current 1st generation Indian-American
immigrated to US since 1990s
• Despite making only 1% of the population, they
comprise of 8% of the founders of HIGH-TECH
companies.
• Average Indian-American’s median annual household
income is $1,00,000 , which is a way above any other
immigrant group in the US.
6
CONTINUED…..
• IN 2018, The revenue of
7 companies with
Indian-American CEOs
was more than $360
billion which is greater
than the GDP of 34
countries.
7
REASON OF BRAIN DRAIN
• WAGE GAP
• QUALITY OF HIGHER
EDUCATION
• UNEMPLOYMENT
• NO VALUE OF TALENT
• LACK OF RESEARCH &
DEVELOPMENT
8
EFFECTS OF
BRAIN DRAIN
ON THE
HOME
COUNTRY
9
• Loss of Tax Revenue
• Loss of Potential Future Entreprenurs
• A shortage of important skilled
workers
• Loss of Innovative ideas
• The exodus may lead to loss of
confidence in the economy, which
will cause persons to desire to leave
rather than stay.
10
PULL FACTORS
• Better Economic Prospectus
• Higher Salary & Income
• Better Standard of Living
• Better Research Facilities
• Intellectual Freedom
• Employment Opportunities
11
12
REFERENCES
• businessconnectindia.in
• www.indiatimes.com
• https://youtu.be/gv-00DJQZ8w
• https://www.thehindubusinessline.com
13

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THE GREAT INDIAN BRAIN DRAIN.pptx

  • 1. • On October 3rd, 1965 US President signed the HART CELLER ACT , also known as IMMIGRATION & NATIOANLITY ACT. 1
  • 2. THE GREAT INDIAN BRAIN DRAIN 2
  • 3. WHAT IS BRAIN DRAIN? 3
  • 4. SURVEYS • According to the GLOBAL WEALTH MIGRATION REVIEW, 23000 Indian Millionaires had left the country. • 5000 millionaires or 2% of the total number of high net-worth individuals left the country in 2020 alone. • More than 1million Indian students are studying abroad. • ‘At 18 million , India has the world’s largest diaspora population.’ THE ECONOMIC TIMES|NRI. 4
  • 5. • UAE-3.5 MILLION • USA-2.7 MILLION • SAUDI ARABIA- 2.5MILLION • Followed by many other countries like CANADA, AUSTRALIA, KUWAIT, OMAN,UK, etc. 5
  • 6. INDIAN-AMERICAN • 75% of current 1st generation Indian-American immigrated to US since 1990s • Despite making only 1% of the population, they comprise of 8% of the founders of HIGH-TECH companies. • Average Indian-American’s median annual household income is $1,00,000 , which is a way above any other immigrant group in the US. 6
  • 7. CONTINUED….. • IN 2018, The revenue of 7 companies with Indian-American CEOs was more than $360 billion which is greater than the GDP of 34 countries. 7
  • 8. REASON OF BRAIN DRAIN • WAGE GAP • QUALITY OF HIGHER EDUCATION • UNEMPLOYMENT • NO VALUE OF TALENT • LACK OF RESEARCH & DEVELOPMENT 8
  • 9. EFFECTS OF BRAIN DRAIN ON THE HOME COUNTRY 9 • Loss of Tax Revenue • Loss of Potential Future Entreprenurs • A shortage of important skilled workers • Loss of Innovative ideas • The exodus may lead to loss of confidence in the economy, which will cause persons to desire to leave rather than stay.
  • 10. 10
  • 11. PULL FACTORS • Better Economic Prospectus • Higher Salary & Income • Better Standard of Living • Better Research Facilities • Intellectual Freedom • Employment Opportunities 11
  • 12. 12
  • 13. REFERENCES • businessconnectindia.in • www.indiatimes.com • https://youtu.be/gv-00DJQZ8w • https://www.thehindubusinessline.com 13