Page 52 - EW November 2023
P. 52

Cover Story



         ment enterprises and were set                                            ued, if not accelerated.
         to overwhelm Asian markets.                                                 Dr. Dipankar Gupta,
         But at that juncture, notwith-                                           former professor of sociology
         standing its several millennia                                           at Jawaharlal Nehru Univer-
         tradition of private enterprise,                                         sity, Delhi and an insightful
         the newly independent nation                                             op-ed page contributor to
         was  shunted onto  the  broad                                            the  Times of India, views
         highway of arid socialism.                                               this continuous wealth and
                                                                                  talent drain with surprising
         A         S A RESULT,  In-                                               equanimity. According to
                                                                                  him the number of success-
                   dia’s pioneer in-
                                                                                  ful emigrants constitute a
                   dustrialists, many
                   of whom had fund-
                   ed  the  freedom                                               “small number” of Indians
                                                                                  who migrate abroad. More-
         movement, were transformed                                               over, he compares the brain
         overnight into evil, exploitative  Dipankar Gupta: internal migration analogy  drain outflow of “better off
         capitalists, and government tax                                          and more ambitious” indi-
         revenues and public savings were ca-  have risen to high positions in their   viduals with internal migrants who
         nalised into large, capital-intensive   adopted countries, and especially in   move from rural to urban India to
         public sector enterprises (PSEs) run   the US, UK and Commonwealth, has   better their livelihood and prospects.
         by business-illiterate bureaucrats   multiplied manifold (see box p.58).   “The factors behind internal and ex-
         and over-promoted clerks who were   This phenomenon raises the question   ternal migration are structurally very
         never able to deliver anywhere near   as to why PIOs are able to succeed out-  similar. If India was prosperous and
         adequate return on investment. Coter-  side of their own country, but not in   if there were more opportunities to be
         minously, free India’s private sector   that of their birth and nurturance. Ad-  innovative because of greater spend-
         corporates and business leaders were   mittedly, the Great Indian Brain Drain   ing and attention to R&D, there would
         tied up in a licence-permit-quota regi-  has been discussed in academia and   be more foreigners hoping to emigrate
         men designed to prevent their growth   the media, but only cursorily, without   here and fewer Indians would feel the
         and advancement, resulting in loss of   adequate depth. Because even after   urge to leave their homes,” says Gupta.
         excise, income and sales tax revenue   liberalisation and deregulation of the   While Dr. Gupta’s analogy is accu-
         to government — which could have   economy in 1991 and subsequently,   rate, it begs the question why seven
         funded public education, healthcare   the migration of HNWI and qualified   decades after it became self-governing
         and nutrition — on a massive scale.  professionals seems to have contin-  and independent, India is not pros-
           Consequently, free India’s econo-
         my was trapped between a rock and
         hard  place — negligible return on   Indians acquiring foreign citizenship
         investment in capital-intensive PSEs
         and stalled private sector growth. As   ccording to a recent report In-  Top OECD countries awarding Indians
         early as the 1960s, lack of opportuni- Aternational Migration Outlook:   citizenship
         ties, employment and social upward   2023 published by the OECD, Indi-  Country  2019     2021
         mobility became difficult for citizens   ans constitute the largest national   USA  63,500  56,000
         in all sectors of society,  prompting   group acquiring citizenship in af-  Australia  28,500  24,000
         steady migration of people from In-  fluent OECD countries. Canada, in   Canada  31,300   21,000
         dia to destinations overseas. Middle   particular, is a favourite destination,
         class migrants with education and   recording the most significant pro-
         marketable skills went to the US, UK   portional increase, with a 174 per-  India #1 country of origin for new
                                                                           migrants
         and Commonwealth countries, while   cent jump between 2021 and 2022.
         less  qualified  and  unskilled  labour                           400,000  —  India, for the second con-
         mass migrated to Arab-Gulf countries   Top nationalities taking OECD   secutive year, ranked as the top country of
                                           citizenship
         where  they  were  obliged  to  endure                            origin for new migrants (excluding students)
         arduous and often humiliating work   Country     2019      2021   to OECD-member countries.
         conditions.                         India     1,55,799  1,32,795  230,000  —  China
           Since then the number of people of   Mexico  1,28,826  1,18,058
         Indian origin (PIOs), who were driven   Syria   40,916  1,03,736       Source: OECD International Migration
                                                                                               Outlook: 2023
         to migrate to foreign countries and

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