Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
// But why should it be Mexico? Why not India itself? If Acche Din have truly arrived, 70 years after Independence, the next Sundar Pichais and Satya Nadellas should not have to become the poster boys of someone else’s H-1B story. They should be poster boys of the India Story right here at home. Perhaps Trump’s policies could kickstart what Indian governments (and Indian mothers) could not – reversing the brain drain. //
I totally agree with this point. It’s time that India creates the much-needed channels to recruit our talents locally. After the late nineties, engineering colleges mushroomed which produced hundreds of thousands of engineering graduates without considering the ground reality. I think, all the four south Indian states alone have close to 1500 engineering colleges. Do we really need that many ? Really ? Especially when we don’t have the necessary infrastructure to recruit even half the number of the graduates that come out of these colleges every year ?
TOTALLY AGREE AND THE RULES AND REGULATION OF TRUMP WILL LEAD TO TRADE WAR WHICH EXACTLY happens NOW.
// But why should it be Mexico? Why not India itself? If Acche Din have truly arrived, 70 years after Independence, the next Sundar Pichais and Satya Nadellas should not have to become the poster boys of someone else’s H-1B story. They should be poster boys of the India Story right here at home. Perhaps Trump’s policies could kickstart what Indian governments (and Indian mothers) could not – reversing the brain drain. //
I totally agree with this point. It’s time that India creates the much-needed channels to recruit our talents locally. After the late nineties, engineering colleges mushroomed which produced hundreds of thousands of engineering graduates without considering the ground reality. I think, all the four south Indian states alone have close to 1500 engineering colleges. Do we really need that many ? Really ? Especially when we don’t have the necessary infrastructure to recruit even half the number of the graduates that come out of these colleges every year ?
What India story? There will be 50,000 more jobless people in India. And they ll bring back annoying accents and “India’s so dirty” rants!