The Hindu Editorial Analysis : 25th October 2023

The Hindu Editorial Analysis

The Importance of Reading The Hindu Editorial: Reading The Hindu newspaper has several benefits, including improving reading skills, facilitating comprehension, staying informed of current events, enhancing essay writing, and more. For individuals aiming for a career in banking, reading editorials is crucial for vocabulary building. In this article, we will examine today’s editorials, provide practice questions, and highlight important vocabulary words.

Movers and shakers.

• In the past year, Egypt and Greece, an OECD member, quietly established a bilateral agreement, reflecting a growing trend in migration.
• Greece permitted the seasonal migration of Egyptian farm workers to address a labor shortage. Several other OECD members have followed suit to cope with tight labor markets, resulting in a historically high number of new permanent-type migrants to OECD countries in 2022.
• India, surpassing China in 2020, became the primary source of migrants to the OECD, with 6.1 million permanent-type migrants in 2022, marking a 26% increase. On average, 80% of these migrants were economically active.
• In today’s global migration phase, India stands as the foremost source of legal economic migration. Moreover, India has been the leading country of origin for new citizens in the OECD since 2019.
• The majority of migration from India is directed toward English-speaking countries. India’s contribution of approximately 7.5% to global migrant inflows is advantageous in multiple ways.
• Firstly, it boosts the Indian economy as the world’s largest recipient of remittances, which amounted to $111 billion in 2022, equivalent to about 3.3% of GDP.
• Additionally, there are positive spill-over effects arising from the evolving nature of Indian migration.
• According to the World Bank, nearly 36% of India’s remittances originate from highly skilled migrants in the United States, the United Kingdom, and Singapore, particularly in the tech industry.
• This creates a bridge between India and the world, facilitating investment and the transfer of skills through collaborations.
• The human connection between India and the OECD, representing the developed world, is an underestimated source of economic and intellectual dynamism.
• Migration to developed nations is primarily driven by the pursuit of better opportunities. In the long run, India should pay greater attention to three critical aspects: education, employment, and the quality of life.
• As India’s recent migration patterns demonstrate, the world constantly seeks top-tier human capital.
• Beyond a limited number of elite educational institutions, the country faces a shortage of high-quality education.
• Enhanced human capital leads to better employment prospects, which can ultimately result in an improved quality of life.
• Addressing these three areas makes the goal of achieving developed country status by 2047 a realistic possibility.

Practice Questions:

• How is the connection between India and the OECD, representing the developed world?
• The majority of migration from India is directed toward English-speaking countries.Discuss

Important Vocabs:

• Furloughed– suspend or discharge from a job,
• Intractable– hard to control
• Wiggle– cause to move up and down
• Breach– an act of breaking or failing to observe a law, agreement
• Stemming– originate in or be caused by.
• Deleterious– causing harm or damage.

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