Tuesday, October 22, 2024

Good thing they are going abroad.

"There is another new disease among children - that of going abroad. The child enthusiastically wants to go abroad, sees a new dream, but there is no assessment of which institution or country he is going to," said Vice President Jagdeep Dhankar. "Citing estimates that around 1.3 million Indian students will have gone abroad for studies in 2024, he said this trend has cost India approximately USD 6 billion in foreign exchange." HT. The VP has possibly forgotten that "India received USD 120 billion in remittances in 2023, which is almost twice of USD 66 billion received by Mexico during the same period, the World Bank said in a report." TIE. If the government used this $120 billion to improve standards of our education, perhaps parents would not spend the $6 billion, a vast sum in India, to send their children abroad. Foreigners know. In Karnal district of Haryana, houses stand empty as, "There are no jobs here so young educated locals who dream of a better life are paying thousands of dollars to flee the fastest growing major economy for the United States." "In four years, the number of Indian citizens illegally entering the US has surged dramatically - from 8,027 in the 2018 to 2019 fiscal year to 96,917 during 2022 to 2023 period, government data showed." CNN. Despite Canada being a "safe haven" for criminals and terrorists wanted by the Indian government (TOI), "For Indian students aspiring to make Canada their permanent home, the Study Permit to PR pathway offers a seamless transition." "With Canada aiming to welcome 485K new Permanent Residents (PR) in 2024 and 500k in 2025, the country presents promising opportunities for international students looking to transition to PR status," advises FE. "Germany plans to raise the number of skilled labor visas granted to Indian workers to 90,000 annually, up from the current limit of 20,000." BS. Something to celebrate because, "The average gross monthly salary for Indian employees in full-time positions in Germany is approximately 5,400 euros, which amounts to around Rs 4,92,000 - 41% higher than the national median wage." The standard of education in India is dire as, "Estimates show that about 51.25% of the youth is deemed employable. In other words, about one in two are not yet readily employable, straight out of college." according to the Economic Survey. Why? "The Covid-19 pandemic forced most education to move online. This was disastrous for various reasons as far as learning was concerned." Now, instead of reading textbooks students are "opting for YouTube videos put out by amateurs". "The students feel comfortable with the format of short videos, which they think , gives them the essence of the topic," wrote Shobhit Mahajan. Good thing they are going abroad and sending money to India. Twenty times as much.  

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