The nation is gripped by brain drain. Many educated Indians are leaving India for various factors.
The status quo and reception for Indians in America were good, that made a lot more Indians emigrate. But the dream destination came under fire when Trump introduced bills to control immigration.
Then there is the issue of racial violence. The US government seems not to revert to the old immigration policies soon. But that doesn’t stop them from migrating, as they are moving to new destinations like Canada, Germany, the United Kingdom etc.
The real problem these Indians face is that they are inadequately educated. Almost 80% of the Indian engineers lack the relevant digital skills needed to be employed. This skill gap is the reason that forced them out in the first place.
The lack of skill education, compounded with the lack of facilities to innovate, made them to go out in search of fresh pastures.
The pandemic has blurred the borders between the digital world and the real. Hybrid work cultures have become part of the workspace. Thus, this is the right time to fix this problem by providing the right training and adequate environment to expand.
This can be achieved easily in this digital era, as new skills can be gained by learning new courses available in the digital world. Another sphere where such a change can be seen is in the business.
Like individuals, the businesses of young Indians have the power to change the world. By solving many modern problems, by bringing in big investments, by achieving high market valuations, they have challenged the traditional corporations in their way.
In the last six years alone, start-ups from tier-2 cities have raised over $1 billion, with cloud support from the city. That is a number that will keep on climbing, as this year will see more convergence between corporates and start-ups at a deeper level.
Indians are CEOs of 30% of the Fortune 500 Companies. This does not include other good Indian professionals and entrepreneurs outside the list. This shows that Indians have talents to grow, but have no environment to grow in India.
India is set to reap the benefits of the demographic dividends. But that is marred by skill gaps. Thus, partnership at the start-up-corporation level is necessary. It not only fills in the gap, but also helps the beneficiaries and nation benefit economically.
It is a fact that tapping into Indian human resources will lead to development, but that should be responsible to the environment. 250 Indian companies produce 36% of the nation’s emissions which can be controlled.
The COP26 pledge by the nation will also add responsibility for sustainability. The solution lies in the minds of young Indians and using it will lead to sustainable development.
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