2 ms·
On paper it sounds like a good idea. Limit brain drain, keep the high achievers in India. But in practice, it's not that simple. US businesses do well largely
by camelNotation 7y ago
On paper it sounds like a good idea. Limit brain drain, keep the high achievers in India.
But in practice, it's not that simple. US businesses do well largely because our market is not nearly as corrupted by politics the way things are in India. Chinese companies do well because the communist party cracks down on corruption with brutal force. But in India? Corruption is how work is done. There are real stability issues at play and they manifest themselves even in the elite companies and institutions. This is the same country that almost sank its own nuclear submarine because someone left a hatch open...
So yeah, it sounds nice to keep Indian workers in India, but without a political landscape that is stable enough to support something like an Indian Silicon Valley and earn the trust of investors, there's no guarantee they will offset the loss of US remittances on the current H1B workers.