Brain Drain GD is a must especially for high qualified candidates as they seem to be most affected. Brain-Drain is loss of some talented resources like technical and intellectual personnel. This loss is due to migration of such people due to lack of opportunities, conflicts etc.
Many developing countries get most of their income. Developed countries also are benefitted by getting cheaper skills and thus bringing down the operational cost and providing efficient facilities and service to poor. Brain drain is harmful for any country. It effects on economy and social area of a country. Country loses a quality of skilled workers. It’s true other countries provide better salary scale because they can help in the development of country. Our country provides the Best scholarship and they go away without helping their own country. Brain drain can be described as the process in which a country loses its most educated and talented workers to other countries through migration. This trend is considered a problem, because the most highly skilled and competent individuals leave the country, and contribute their expertise to the economy of other countries. The country they leave can suffer economic hardships because those who remain don’t have the ‘know-how’ to make a difference.
Brain drain can also be defined as the loss of the academic and technological labor force through the moving of human capital to more favorable geographic, economic, or professional environments. More often than not, the movement occurs from developing countries to developed countries or areas. There are various causes of brain drain, but they differ depending on the country that is experiencing it. The main causes include seeking employment or higher paying jobs, political instability, and to seek a better quality of life. Some other factors are the absence of research facilities, employment discrimination, economic underdevelopment, lack of freedom, and poor working conditions. Higher paying jobs and a better quality of life attract the people to its superior economic outlook, the prestige of foreign training, relatively stable political environment, and a modernized educational system to allow for superior training, intellectual freedom, and rich cultures. These lists are not complete. There may be other factors, some of which can be specific to countries or even to individuals. When brain drain is prevalent in a developing country, there may be some negative repercussions that can affect the economy.
Most of the students prefer staying back in the host country due to better work opportunities and fat pay packages. After getting good global exposure and getting introduced to the high quality life and facilities, the students become reluctant to return to the home country.
The increasing trend of brain drain of the skilled workers finally persuaded the government to take action. While India is putting the best foot forward to curb brain drain, there are signs of reverse brain drain where a few best brains are returning to India. With the human capital to execute them, there is still hope for India.
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