severe. a paper from IIsc attempts to quantify it a little bit.
http://tejas.serc.iisc.ernet.in/~currsci/sep102003/593.pdf
NRIs may argue they send some money, but unlike the overseas chinese , the NRIs
are mostly technical people who cannot start factories and generate mass employment.
as they grow older and expenses like kids education, homes increase and their parents
pass away the money flow tapers off? and after him/her their kids have no reason to be
sending money or do any good for india. the thread is lost after one generation.
fortunately due to some factors there is a reverse flow in IT sector and some other
fields as well , people unable to land jobs after F1 and not enough Phd seats to wait
the downturn out.
http://www.businessworldindia.com/Nov1003/coverstory01.asp http://www.businessworldindia.com/Nov1003/coverstory02.asp
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