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REVERSE BRAIN DRAIN IS

ONLY 5 YEARS AWAY

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What is Reverse Brain Drain?

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GOOD BYE AMERICA, HELLOINDIA.

Causes and Effects ofReverse Brain Drain inUnited States ofAmerica.

InformationTechnology SectorHurdle.

In an astonishingreversal, Indiantechnology experts arereturning home fromthe United States to

work in India.

After the dot.combubble burst, the USsoftware industry took asteep dive from which it

has yet to recover.

Unemployment inCalifornia is runningat 6.9% and in ITsector it is muchhigher.

In India, by contrast, aboom in the computersector continues atpace.

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Growth Rate -During the latter halfof the 1990s, India

registered a 45-per-cent growth rate in itsIT industry and 54 percent in its softwaresector as compared to35 percent in the USover the past 3 years.

Misplaced USAImmigrationPolicies.

Researchers fromHarvard, Duke andNew York

University releasedan analysis ofinternational patentfilings that alsotracked what is beingcalled "reverse braindrain.

http://timesofindia.indiatimes.com/articleshow/2302417.cmshttp://timesofindia.indiatimes.com/articleshow/2302417.cms

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Green Card Blues - 555,044 family members of immigrants aretrying to get green cards.

Form I-485 - 327,556 immigrants are waiting for an I-485, the lastpetition for a permanent resident visa a green card.

Form I-140 - 50,132 immigrants are waiting for Form I-140, thePetition for an Alien Work, filed by an employee after the labour

certificate is issued.

Labour certificates - 200,000 skilled immigrants haveapplications for labour certificates pending, the first step towards a

green card.

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Patent Hurdles

The study shows thatwhile foreignnationals, mostlyIndians and Chinese,

contributed to 25.6%of all US internationalpatent applications in2006, thousands ofthem are headinghome because ofhurdles in their bid tobecome permanent USresidents.

Uncertainty -Approximately one infive new legalimmigrants and oneon three employmentprincipals either planto leave the US or areuncertain aboutremaining.

It found 34.5 per cent

of the immigrants saidthey were "eitherplanning to leave theUS or were uncertainabout remaining.

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Majority

Indians - About30 per cent ofthese immigrants,says the study'slead author VivekWadhwa ofHarvardUniversity, areIndians.

Departure -

Statistics nowshow that around60,000professionals havereturned since the

last decade. Andthe recent job fairsin US are startingto show up moreof such drain.

Immigrationreform

If US waits 5 years forimmigration reform,the illegal andunskilled will still behere, but those that

contribute significantlyto U.S.competitiveness willbe long gone.

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RECESSION WOES IN USA ANDINDIAS TREMENDOUS GROWTH

Fear of Recession - As there is everychance of recession conquering USA sopeople feel uncomfortable over there.

Central Statistical Organization - According to therevised estimates released by the Central StatisticalOrganization (CSO) in May 2006, real GDP acceleratedfrom 7.5 per cent in 2004-05 to 8.4 per cent during 2005-06. The Indian economy has, thus, recorded an averagegrowth of over 8 per cent in the latest three years (2003-

04 to 2005-06) in India and in Jan-Mar 2007 it rose towhopping 9.1 percent.

While in USA in 2007 the GDP growth wasjust 2.1 percent.

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HIGHER SALARIES

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UNITED KINGDOMS PROBLEM

PROBLEMOF

DOCTORS

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SOME OTHER POINTS

Talent-poolandInvestment- This

ReverseBrain Drainnot justbrings thetalent-pool,

but alsomillions ofdollars asinvestment to

India.

Initiative -India hasinitiated reversebrain drain.Realizing how

many scientists,doctors,engineers andotherprofessionals

they loose everyyear, Indiangovernment istaking steps tolure them back

to the country.

Threat toUSeconomy -Loosing a

largepercentage ofIndians willpose a majorthreat to US

economy.Clearly onecountrysdrain is

another gain.

http://en.wikipedia.org/wiki/Brain_drainhttp://en.wikipedia.org/wiki/Brain_drainhttp://en.wikipedia.org/wiki/Brain_drainhttp://en.wikipedia.org/wiki/Brain_drain

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Centre stage instudies - As Indiataking the centrestage in studies a lotof foreign students

are coming toIndian BusinessSchools and theirsalaries may evenscore more thanwhat a Harvard or a

Wharton graduatecan expect.

Cheap - MBAcourse whichcosts around

22,000 USDollars in Indiacosts nearly about75,000 inHarvard.

AS THE THREATHAS ALREADYEMERGED IT ISQUITE A REALITYTHAT WITH INTHE NEXT FIVEYEARS REVERSEBRAIN DRAINWILL GAIN A LOTOF MOMENTUM

AS WELL ASATTENTION.

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