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When the Anti-Migrant Fever Abates, Opportunity is Knocking

The case has often been made for manufacturing exports from India as a means of inclusive development that effectively leverages India’s demographic dividend. But an equally persuasive case can be made for people exports towards the same end. $125 billion worth of foreign exchange—equivalent to 3% of Indian GDP—flows into the Indian economy annually through remittances, which is more than any single category of merchandise exports. Moreover, remittances flow directly to households, enhancing consumption, education, and health spending. To keep their economies stable and productive, affluent nations need to maintain, if not enhance, their ratio of working-age people to those aged 65 and older. It is an open secret, however, that affluent societies across the world are ageing—some more rapidly than others. To maintain their current (historically low) ratio of working-age people to elders, they will need an additional 400 million workers over the next 30 years. India should aim to at least double its overseas employees to 36 million by 2030, with remittances reaching $300 billion and diversified migrant flows across Europe, the Middle East, and Southeast Asia as well as across white- and blue-collar categories of workers. Other countries such as the Philippines and Mexico have already demonstrated how migration can be facilitated as a means to development. In an exciting new development, the Global Access to Talent from India (GATI) Foundation was officially launched at an event in New Delhi on May 6, with Foreign Minister Dr. S. Jaishankar as the Chief Guest. Incubated by The Convergence Foundation, Manish Sabharwal, and Godrej Foundation, GATI is a non-profit dedicated to building structured, ethical, and circular pathways for global talent mobility. One perception barrier to being proactive on the overseas employment opportunity is stories about exploitation abroad. But this is something that can be mitigated by government-to-government agreements, better

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Events

Making India the Global Talent Hub: Global Access to Talent from India (GATI) Foundation Launched

On May 6, Global Access to Talent from India (GATI) Foundation was officially launched at an event graced by Shri. Dr. S. Jaishankar, Hon’ble External Affairs Minister of India, as the Chief Guest. Shri. Jayant Chaudhary, Hon’ble Minister of State (Independent Charge) Skill Development and Entrepreneurship and Minister of State for Education, attended as the Guest of Honour. Incubated by The Convergence Foundation, Manish Sabharwal, and Godrej Foundation, GATI is a non-profit Foundation dedicated to building structured, ethical, and circular pathways for global talent mobility. This mission gains urgency amid projections that high-income economies will face a labour shortage of 45–50 million skilled and semi-skilled workers by 2030. With a vision to position India as a global hub for skilled talent, GATI Foundation aims to foster collaboration between governments, businesses, and nonprofits to unlock opportunities for Indian workers in international labour markets. The launch event brought together foreign ambassadors, senior government officials, leading industry representatives, and think tanks to deliberate on key themes such as government-to-government partnerships, ethical recruitment practices, and industry-led solutions for global skills mobility. Speaking at the launch, Shri Dr. S. Jaishankar emphasised the critical role of skill development and international mobility in strengthening India’s global presence. “It is crucial to nurture, expand, deploy, and upgrade talent. Also to identify the opportunities within and beyond our borders. There is a demand in the world, an availability in India and the basic groundwork done to enable Indian talent to gain global access. Wishing GATI Foundation all the best as it seeks to promote and facilitate this global access to talent from India.” Shri Jayant Chaudhary added, “In an age of rapid adoption of new disruptive technologies across industries, the skill ecosystem and regulators must be agile, inclusive, and global in their response to the dynamic demands of the

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The Convergence Foundation seeks to be a powerful catalyst in India’s development journey, by creating momentum around pivotal ideas that have the highest potential for transformational change.

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