Thursday, June 26, 2008

Do Non Resident Indians involve in Nation building?

PodUniversal - Edition 39

In the recent years, lot of educated youngsters migrate to United States and Europe for better prospects. There are two type of Non Resident Indians (1) people who are living there even prior to 1991 and (2) people who migrate to foreign countries post 1991.

During 1990 when India was facing acute financial and political crisis, during Prime Minister Chandrasekar's period, gold reserve was pledged to meet the day to day balance of payment. At that time, fearing collapse of Indian economy, many Non Resident Indians repatriated their investments from the Indian Banks to their living country. At that time, it added further financial strain and crisis to India. Rajiv Gandhi assassination lead to further political crisis. During 1991, Narasimha Rao took over as Prime Minister and with the help of Dr Manmohan Singh (then Finance Minister and present Prime Minister) liberated the Indian economy.

Economic liberalisation opened up our economy and lot of opportunities. Indian economy started booming. Lot of educated youngsters started moving to US and Europe for better prospects. Now the young Indians have started building up the Image of the country across the globe. What was considered by developed countries as the 'land of snake charmers and beggars' is now being seen as 'technology savvy country'.

In this background, few questions arise in our mind: (1) What is the attitude of NRIs towards the development of India (2) How far, they will raise to the occasion, if another crisis is faced by India (3) What is the role of NRIs in developing the Nation.

Sudarshan Venkatraman, Chairman, Zylog Systems LimitedWith these questions, we approached Mr Sudarshan Venkatraman, Chairman of Zylog Systems Limited, an Indian Multinational Company for his views. He has been operating the business in many countries. He belongs to the 'post 1991 group of NRI'. He has been taking active interest silently in various social welfare activities, particularly towards education of dalit and downtrodden children. You can listen to his views by clicking to play (13 minutes)

The interview may also be listened from the following link

If you want to download in mp3 format, right click this link and save to your desktop (12 mp)


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