Brain Drain: A growing challenge for India
Brain drain is a phenomenon where a country experiences a loss of skilled and talented individuals who leave to pursue better opportunities and careers in other countries. In the context of India, brain drain has been a significant problem for several decades. Many highly skilled professionals, including doctors, engineers, scientists, and academics, leave India to work and live abroad. The reasons for this are varied and include better career prospects, higher salaries, improved work-life balance, and better living conditions. Additionally, political instability, limited job opportunities, and a lack of funding for research and development in certain fields are some of the factors that push people to leave. A report by the Global Wealth Migration Review for the year 2020 stated that nearly 5,000 high-net-worth individuals left India and moved abroad in the year 2020 alone. India has also the largest population of migrants living abroad numbering over 17.5 million as per the latest U