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Reverse immigration: Why NRIs are returning back to India

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By Newsgram Staff Writer

With the strengthening of Indian economy, reverse immigration of Non Residents Indians (NRI) has seen a huge rise in the past few months. Foreign banks in particular are witness to this reversal of brain drain.

Globally, a total number of 21909875 NRIs work in developed economies according to the records (as on May 2012) of Ministry of Overseas Affairs.

With economic growth stalling in the West, leading to slower career growth opportunities, India is a market which appears to be more dynamic, offering better job prospects to NRIs. What’s assisting the process is a change in the standard of living in India and its education system.

Union minister of science and technology, Dr Harsh Vardhan, addressing the 13th Pravasi Bhartiya in January this year asked the vast diaspora engaged in cutting-edge research and innovation to return and contribute for India’s progress.

Until 18th century, India’s GDP was the fastest growing in the world.

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Why are Indian immigrants abroad returning to India?

With the upward growth in Indian economy, there has been a positive sentiment in hiring, either to cater to expansion, like in e-commerce and information technology, or in anticipation of growth, as with sectors such as infrastructure, telecom, banking and financial services.

Staffing firms such as TeamLease Services Pvt. Ltd, Randstad India Ltd, Antal International Network, Manpower India Services Ltd and Kelly Services India saw a surge in the number of middle managers hired during the second quarter, with more than a 25% increase in the number of people placed, compared with a year ago. And companies are offering salary hikes of 20-25% over last year’s average of 15%.

Actually, NRIs are in demand as they have gained experience in developed market  and employers value the international experience.

According to Statistic Canada, one third of all male immigrants who were between ages 25 to 45 when they immigrated to Canada had left within 20 years of their arrival. Furthermore, 6 out of 10 of those who leave, do so within the first year of arrival.

When asked the reason of coming back to India this writer was told by a NRI, who did not want to be named, “I would rather live like a first class citizen in a third class country than to live like a third class citizen in a first class country.”

 

 

 

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New Application Shows U.S. And Canadian Commuters Their Carbon Footprint

Whitworth said the company also plans to sell the data it collects.

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Multiple apps are displayed on an iPhone in New York.. VOA

A mobile application launched in dozens of U.S. and Canadian cities on Monday measures the planet-warming greenhouse gas emissions of inner-city travel, its creators said, letting concerned commuters map their so-called carbon footprints.

Mapping app Cowlines can suggest the most efficient route as well which uses the least fuel, combining modes of transport such as bicycling and walking, within cities, its Vancouver, Canada-based creators said.

Some two-thirds of the world’s population is expected to settle in urban areas by 2050, according to the United Nations.

The trend presents an environmental challenge, given that the world’s cities account for the bulk of greenhouse gas emissions.

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Carbon atoms move between rocks, rivers, plants, oceans and other sources in a planet-scale life cycle. Flickr

Not only will the app measure a trip’s emissions and suggest alternatives, it will provide the data to cities and urban planners working on systems from subway lines to bike-sharing programs, said Jonathan Whitworth, chief strategy officer at Greenlines Technology, which created the app.

“As you would imagine here in Canada, especially Western Canada, most people are driven by the environmental side of it,” Whitworth told the Thomson Reuters Foundation.

The app aims to encourage users in 62 U.S. and Canadian cities to use cleaner modes of transportation, from mass transit to walking or biking, he said.

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A Tri-Met light rail train rolls through downtown Portland, Oregon. VOA

In the United States, mass transit accounts for less than 2 percent of passenger miles traveled, according to Daniel Sperling, founding director of the Institute of Transportation Studies at the University of California, Davis.

“People are starved for good information and data for good travel choices,” said Sperling.

The app’s suggested route is a cowline – city planner parlance for the fastest route, said Whitworth. In pastoral settings, a cowline is the most direct path cattle use to reach grazing grounds.

Also Read: Brazil Cut Its Greenhouse Gas Emission Levels Lower Than 2020 Emission Goals

The app shows users after a trip how many kilograms of carbon-dioxide equivalent emissions they are responsible for, Whitworth said.

While other apps such as Changers CO2 Fit track users’ carbon footprints, Cowlines claims its methodology, certified by the International Organization for Standardization, is most accurate, he said.

Whitworth said the company also plans to sell the data it collects. (VOA)