The facilities: Is it great?
Hello friends, I welcome you once again. So this time, I am going to spend my time discussing the facilities. Majority of the country's population believe that the IIT's have a great facility, and moreover, the great "faculty" one receives. Yes, it's correct, until a certain level. There is a lot of praises, as well as a lot of criticism on the IIT's. One of the main things is Brain drain.
Among the criticisms of the IIT system by the media and academia, a common notion is that it encourages brain drain. This trend has been reversed somewhat—and is dubbed the reverse brain drain – as hundreds of IIT graduates, who have pursued further studies in the USA, are returning to India over the last decade. Additionally, IIT alumni are giving back generously to their parent institutions (examples are Kanwal Rekhi to IIT Bombay, Dr. Prabhakant Sinha to IIT Kharagpur, and many others). Until liberalisation started in early 1990s, India experienced large scale emigration of IITians to developed countries, especially to the United States. Since 1953, nearly twenty-five thousand IITians have settled in the USA. Since the USA benefited from subsidised education in IITs at the cost of Indian taxpayers' money, critics say that subsidising education in IITs is useless. Others support the emigration of graduates, arguing that the capital sent home by the IITians has been a major source of the expansion of foreign exchange reserves for India, which, until the 1990s, had a substantial trade deficit.
The extent of intellectual loss has receded substantially over the past decade, with the percentage of students going abroad dropping from as high as 70% to around 30% today. This is largely attributed to the liberalisation of the Indian economy and the opening of previously closed markets. Government initiatives are encouraging IIT students into entrepreneurship programs and are increasing foreign investment. Emerging scientific and manufacturing industries, and outsourcing of technical jobs from North America and Western Europe have created opportunities for aspiring graduates in India. Many undergraduates go abroad to pursue further studies, such as MS, MBA and PhD.
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