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16 THE ECONOMIC TIMES The Edit Page THE ECONOMIC TIMES | BENGALURU | FRIDAY | 18 AUGUST 2017
By Creative Policy, EYES WIDE SHUT India should offer permanent residency to skilled foreign workers
S
ghly attractive place of learning and The mind is a television
level it thinks fair, given the size of the population of the teve Jobs, it is said, advised work to the most talented students with thousands of channels.
FILE PHOTO
city the metro seeks to serve. Beyond that, how the con- President Barack Obama from Bangladesh, Nepal and Sri Lan- I choose a world that is tran-
that colleges in the US sho- ka. Initiatives to proactively recruit quil and calm
cerned state or local government seeks to finance it is not uld staple green cards to the the best PhDs, Indian or foreign, in so that my joy will always be
the Centres business. Malayalis who work in West Asia diplomas of graduating fore- Indian universities would make them Guys, we got the Delhi job and they want us to marry and settle down there fresh.
have funded airports in Kerala on considerations other igners. Bill Gates made a similar rec- more attractive to foreign students. Mind is consciousness.
ommendation in an article in The New We get a large number of African with the Kinder statt Inder (Childr- raising innovative potential and eco- Consciousness includes the
than financial returns. That said, it does not make sense York Times sometime back. Alas, students, who prefer India to the US or en not Indians) slogan in response to nomic prosperity is most visible in subject that knows and the
to bar private investment in any kind of infrastructure. President Donald Trump is unlikely Europe. They find Indian universities the governments policy to allow for- the US, where one of every five doc- object that is known. The two
The bulk of the trillions of dollars of global savings se- to heed their advice. But the Indian academically strong without being eign-born computer specialists. Tal- tors is foreign-born, as are two of eve- aspects, subject and object,
government should. prohibitively expensive. But they fa- ent shortages continued, and five ye- ry five medical scientists, one of eve- depend on each other in order
eking profitable deployment anywhere secure compri- India should offer permanent resi- ce racism and discrimination simp- ars later, the German government ry five computer specialists, one of to exist.
ses non-state funds. It makes eminent sense to draw them dency to skilled foreign workers and ly account of the colour of their skin. announced an even more liberal im- every six persons in engineering or As the Vietnamese medita-
into creating much-needed new infra- students graduating from Indian col- The best of Africa are as good as the migration policy. science occupations, one of every fo- tion master, Huong Hai, said,
leges. India is more deficient in skill- best of anywhere in the world. We ha- Critics might also say that India ur astronomers, physicists, chemic- In seeing matter, you are at
structure in the developing world, ed workers, relative to its needs, than ve the potential to attract the best from has its own millions to educate. Why al and material scientists, and one of the same time seeing mind.
whose economic returns would be sig- almost any major country. The most Africa, train them for Indian needs, should it use its resources on foreign- every six biological scientists. Without the arising of the
nificant. If commercial returns do not recent Manpower Talent Shortage offer them permanent residency and ers? International scientists, profes- Since 1990, academics associated object, the subject does not
Survey reported that almost two-thir- a path to citizenship. sionals and entrepreneurs make the with US institutions and universiti- arise.
capture the full extent of economic re- ds of Indian employers surveyed ex- In western countries, a substantial rich world rich. If India wants to get es have won close to 65% of all Nobel When our mind is conscious
turns in a particular project, deter- perienced difficulties in finding wor- proportion of scientists and skilled rich, it needs to create policies and prizes in chemistry, medicine, econo- of something, we are that
ring private investment, the govern- kers with required skills. professionals are foreign-born. Swit- build institutions that attract foreign mics and physics. But less than half thing. When we contemplate
zerland tops the list with 57% of the talent to supplement its skill require- of the recipients were born in the US. a snow-covered mountain, we
ment can remedy that in many ways. Expats Got Talent scientists, working and studying, in ments. China also has its millions to Many European countries have are that mountain. When we
An outright subsidy is one option. More desirable would The only other country where emp- the country being foreigners, accord- educate. But it has recognised the been trying, rather unsuccessfully, watch a noisy film, we are
be measures such as levying a carbon tax on petro-fuels loyers reported greater difficulties ing to the GlobSci Survey of 2011. The importance of mobile foreign talent. to compete with the US for foreign ta- that noisy film.
in finding required skills was Japan corresponding figure is 46% in Cana- lent. This is an opportune moment Our mind is like a television
and congestion charges on road use that would make the whose working-age population has da, 45% in Australia, 38% in the US, Going for the Skill for these countries to roll out the wel- set with thousands of chan-
fares needed to make a metro commercially attractive se- been shrinking for a quarter century. 33% in Britain, 23% in Germany, and Its leaders openly acknowledge that come mat to foreign talent. nels, and the channel we
Meanwhile, India is awaiting a demo- 17% in France. The proportion of fo- the biggest obstacle to future growth Foreign students who feel harass- switch on is the channel we
em perfectly acceptable in comparison with travel by ro-
graphic dividend, which requires reign scientists working or studying in China is talent. For this reason, it ed by the US Department of Home- are at that moment. When we
ad. Would this not be a big burden on the common man? substantial investments in educati- in India, in comparison, is negligib- has been aggressively wooing foreign land Security could move to other co- turn on anger, we are anger.
Cheap transport for the urban commuter ultimately sub- on and training. le: less than 1%. talent and sending its own youth to untries with more liberal immigrati- When we turn on peace and
Let immigration policy not be an Critics would argue that liberal acquire state-of-the art skills abroad. on regimes. India should join the ra- joy, we are peace and joy. We
sidises the business that employs that commuter. If this
obstacle in attracting talent. It is like- immigration of foreign talent would In 2008, the Chinese government ce and offer easy residency to skilled have the ability to select the
subsidy is removed, the costs and revenues of the busi- lythat the welcome mat to foreign stu- adversely affect Indian skilled work- announced the thousand-talents pro- foreign workers and students gradu- channel. We are what we ch-
ness would reconfigure, that is all. Clean transport wo- dents will not immediately attract ers. In 2000, similar sentiments sent gramme. Highly talented research ating from Indian colleges. oose to be. We can select any
many from East Asia, Southeast Asia domestic politics in Germany on fire scientists and entrepreneurs are lur- Such a progressive, growth-orient- channel of the mind. Buddha
uld improve health and lower healthcare costs as well.
ed to this programme from around ed immigration policy goes well with is a channel, Mara is a chann-
Simply mandating a private role in infrastructure wo- the world. It has launched a China the philosophy of Vasudhaiva ku- el, remembering is a channel.
uld not work. Supplementary action is required to make Green Card, a permit for permanent tumbakam (the world is one family)
it attractive for the private sector to invest in infrastruc-
If India wants to get rich, it needs to create policies residency, for certain groups of skil- laid out in the Upanishads.
and build institutions that attract foreign talent to led foreigners and Chinese expats in
ture. That calls for policy innovation, not diktat.
supplement its skill requirements
Shanghai and Beijing. The writer is professor, social policy,
The contribution of foreigners in Columbia University, US Chat Room
Bankruptcy:
How to Help Bankrupt SARAHAH Its Personal
Relieve People, Not Just
Firms by Hema Ramakrish-
Realtors Customers Awkwardly Yours, Aap ki Dost nan (Aug 17) suggests that
more time is needed to formu-
late a personal bankruptcy
Insolvency proceedings against debt-ridden Jaypee Infratech code, even as the code has
have left over 30,000 home buyers in the lurch. They need more become operational for com-
form on which employers can provi- assured when you take on your oppo- panies that are reeling under
than state sympathy. Home buyers have been advised to file a de feedback about their employees nent one can hope that queries mounting debts. Insolvency
claim with the Insolvency Resolution Professional (IRP) appo- without fearing backlash. (To be that would be sent are genuinely se- resolution takes 4.3 years on
inted by the National Company Law Tribunal. However, as un- fair, it was the US-based Google that eking answers. But it remains to be an average. A finite window
secured claimants, home buyers have limited rights under the recently sacked one of its employees seen if this app can continue to keep for resolution, and the role
for his frank comment.) its anonymous nature intact in the played by resolution pro-
bankruptcy code. They are akin to customers who have placed The rage over Sarahah comes in the face of abuse and the harassment ma- fessionals, can expedite the
orders and paid advances to a manufacturing company that Divya Rajagopal backdrop of criticism faced by other chine that its users may turn it into. process of recovery and clean
goes under liquidation. In the pecking order of rights, the co- social media platforms like Facebook Legal action may lead to anonymi- up banks balance sheets.
and Twitter, which have been accus- ty as the first casualty of Sarahah. If This, in turn, will help revive
FILE PHOTO
begin his mass campaign from whe- jan Scam of Bhagalpur involving By email
split-up of coalitions. Bihars so-called mahagathbandhan re the mahagathbandhan perform- the transfer of government funds to The writer is professor, Centre
was undone in a trice, with one of its constituents coming in ed the poorest and the BJP relatively the NGO, Srijan Mahila Sahyog Sam- of Advanced Study in History,
Letters to the editor may be addressed to
home and dry and the rest left in the dog House. better in the 2015 assembly electio- We got to step on it, yaar iti, between 2007 and 2104 had not Aligarh Muslim University editet@timesgroup.com