An Institute of Public Policy Research report says 2.7 million British nationals left the UK to live abroad between 1966 and 2005.
UK study finds a rush
Sajeda Momin
LONDON: The Indians are coming back home. Not in droves yet, but it isn’t a trickle either. An Institute of Public Policy Research report says 2.7 million British nationals left the UK to live abroad between 1966 and 2005. More than 32,000 are now living in India.
“There are sound economic reasons. The Indian economy is doing well,” said Roger Ballard, director of the Centre of Applied South Asian Studies, University of Manchester. “People are going back to Bombay, Hyderabad, Bangalore and Delhi, all the places that are booming.” The rapid growth of India’s economy has created opportunities for second and third generation British Indians who are using it to enhance their careers.
But all’s not well at IIT
Sanghamitra Bhowmik
MUMBAI: President A P J Abdul Kalam is not known to mince words, and he didn’t disappoint the 5,000-strong crowd on Saturday during the Pan IIT Global Conference at the Bandra-Kurla Complex. “The IIT attracts the crème-de-la-crème of students and acts as a seat of technical learning. In recent times, however, there has been a fall in the quality and quantity of IIT faculty,” he said.
“With approximately 8 per cent girl students and a general average of over 30 per cent in engineering, IIT is alienating millions of Ramanujans and Einsteins,” he said.
“The IIT takes the best and delivers the best to the world but direct benefits for the nation are minimal.”
Entrepreneurs are excited
Team DNA
MUMBAI: Indian Institute of Technology engineers are arguably the country’s best known export. At the height of the dotcom boom, IITians accounted for over 10 per cent of the startups in Silicon Valley.
But in recent years, buoyed by the India growth story, they have started returning home. Santanu Paul, a graduate of IIT Chennai and head of global delivery operations of Virtusa Corp, explains it best. “India is like a startup and the US, like a large company. If you are entrepreneurial by nature such flux excites you,” he says.
Dons reject extension
Jumana Shah
AHMEDABAD: IIM-A’s reputation is not enough to entice faculty. The premier B-School got a jolt recently when two of four senior professors retiring this year refused extensions, citing unattractive emoluments. If that wasn’t enough, one more faculty member resigned to join another institute.
While the administration has recruited two professors and two professors have accepted extensions, the overall rise in faculty members is just one. IIM-A director Bakul Dholakia said recently the institute required at least 38 more faculty members to implement quotas.
At the present rate of recruitment, the goal is nowhere in sight.
In the meantime, the institute has decided to extend the term of retiring professors, but that does not seem to be working either. Since salaries are much lower than market benchmarks, extensions are unattractive. One has to move to a smaller house and office, without perks. “Most of us have good offers from corporates or international institutes,” says a senior faculty member who is due to retire soon. That makes teaching an unattractive option. Typically, a new faculty member is recruited over a period of two years.
Also, the city’s quality-of-life indices affect recruitment. IIM-B is preferred by dons because Bangalore has better education facilities for children and better employment opportunities for spouses, besides a cool climate.
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