{"id":198045,"date":"2022-07-30T18:20:36","date_gmt":"2022-07-30T12:50:36","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=198045"},"modified":"2022-07-30T18:20:36","modified_gmt":"2022-07-30T12:50:36","slug":"the-exodus-is-rational","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/the-exodus-is-rational\/","title":{"rendered":"The exodus is rational\u00a0"},"content":{"rendered":"\n

Source<\/strong>: The post is based on an article \u201cThe exodus is rational<\/strong>\u201d published in The Times of India<\/strong> on 30th<\/sup> July 2022.<\/p>\n

Syllabus: GS 2 Issues<\/strong> Relating to Development and Management of Social Sector\/Services relating to Health, Education, Human Resources.<\/p>\n

Relevance<\/strong>: Higher Education Reforms<\/p>\n

News: T<\/strong>he trend of Indian students going abroad for higher education continues to rise at a rapid pace in 2022, despite the weakening rupee.<\/p>\n

There are currently 11. 3 lakh Indian students<\/strong> studying abroad. And 2022 is set to be a record year<\/strong> for students going abroad, as per the data presented in Rajya Sabha.<\/p>\n

What are the issues with the Indian students going abroad?<\/strong><\/h5>\n

(1) Some reports suggest annual amounts<\/strong> spent abroad by Indian students could be up to $30bn. It\u00a0includes tuition fee and money spent on living and travelling expenses.<\/p>\n

(2) These annual expense amounts are sizable enough to fund the building of many new colleges and universities. For instance,<\/strong> the Rs 13,990 crore, or around $2bn has been allocated for funding 8 new IITs in 2018.<\/p>\n

(3) There are reports of parents selling land <\/strong>and other assets and taking massive loans just to send their child abroad.<\/p>\n

Why do Indian students prefer to study abroad?<\/strong><\/h5>\n

(1) <\/strong>The average Indian college<\/strong> isn\u2019t as good as an average college in Australia, UK or US<\/strong>.\u202fMost of the Indian educational institutes, barring a few Indian universities, have not been able to build brands<\/strong> in India. Here educational brands refer to trust, excellence, cutting-edge knowledge and ethics, not marketing, advertising or logos.<\/p>\n

(2) The few old Indian educational brands still dominate: \u202f<\/strong>For example, St Stephen\u2019s College, the IITs still have a strong appeal. For example, even IITs and IIMs established in the recent years do not carry the same prestige as the old ones and are considered several notches lower.<\/p>\n

(3) <\/strong>Most of the new Indian colleges<\/strong> are not being run by visionaries<\/strong> who have experience of building an educational institution. They are random businessmen<\/strong> or over-the-hill retired professors.<\/strong><\/p>\n

(4)\u202fAfter decades of discussion, foreign universities<\/strong> still don\u2019t have campuses in India.<\/p>\n

(5) <\/strong>India just doesn\u2019t offer<\/strong> as much opportunity to<\/strong> highly educated people as some other countries, except in a few sectors like the software industry <\/strong>etc. The jobs in multinationals are soaked up by a few elite college students. Although, India is able to provide good jobs for our top-2% students, it has not been able to provide jobs to our top-20% students.<\/strong><\/p>\n

What should be done?<\/strong><\/h5>\n

At Economic level<\/strong>: The government should open our economy and drive massive economic growth. India should be made a manufacturing hub for the world, and have policies that attract investors into job-creating sectors so that jobs are created in the domestic market.<\/p>\n

At Education Level<\/strong>: (1) We can reform and make Indian colleges<\/strong> more attractive. For this, reputable institutions<\/strong> should be created in India, and (2) Further, the reputable international universities<\/strong> can be invited to open a campus in India (with or without a local partner).<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on an article \u201cThe exodus is rational\u201d published in The Times of India on 30th July 2022. Syllabus: GS 2 Issues Relating to Development and Management of Social Sector\/Services relating to Health, Education, Human Resources. Relevance: Higher Education Reforms News: The trend of Indian students going abroad for higher education… Continue reading The exodus is rational\u00a0<\/span><\/a><\/p>\n","protected":false},"author":10308,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10496],"class_list":["post-198045","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-times-of-india","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704956146},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/198045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10308"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=198045"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/198045\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=198045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=198045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=198045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}