Re: Info Technology (re. IT experts or cyber-coolies) Response: As one IIT professor who disagrees with the two articles below once said on international TV. �India either has the option of a brain drain OR brain in the drain.� The professor preferred and was proud that it was bran drain. As regards the economics of brain drain, again India is way ahead. The dollar repatriation of Indians aboard to support their families, villages, temples and churches, business, alumni etc, and their own retirement exceed several billion dollars a year. In fact, India could do even better, if it did not have the inflation and did not devalue it currency every few years. Every time India devalues it currency, the NRI deposits take it on the chin. Of course, India is killing �the goose that lays the golden egg�. Regards, GL
George writes: Fred makes an excellent point.� India has lost tremendously because of the brain-drain.� It is a fairness issue: why should Indian taxpayers subsidize the US economy?� A poor rebuttal is that US-based Indian engineers give back to their alumni (IIT) or start companies in India with US technology.� But that is not an even exchange.� Not even close.� Even if it was close, why should the Indian taxpayer be made to front the money for such a "global" transaction? Frederick Noronha writes: If you're a taxpayer back in India, it makes eminent sense to agree that tonnes of money from the state's exchequer shouldn't go into a highly subsidised tech-education system that produces some of the best engineers in the world, but of whom upto 80% leave India for greener pastures abroad. If they want to leave, by all means. Let them pay for their highly-subsidised education and leave. Should Indian money go to subsidise the already-affluent West by way of providing them top class skills for free? ########################################################################## # Send submissions for Goanet to [EMAIL PROTECTED] # # PLEASE remember to stay on-topic (related to Goa), and avoid top-posts # # More details on Goanet at http://joingoanet.shorturl.com/ # # Please keep your discussion/tone polite, to reflect respect to others # ##########################################################################
