This is not a news to me. India lacks opportunities for skilled people. Even with very few opportunities the competition here is fierce. For eg, to get into IIM or IIT (equivalents of Harvard or MIT in US), you need more then just knowledge to get selected amongst hundreds of thousands.
Even after studies the competition is fierce. The Indian middle class dream continues to pursue job as a career and very few take entrepreneurship as a career.
This is untrue. They all have competitive examinations that are open to anyone. There is affirmative action after admission which is the only non-merit part of it. Generally in India, there is age discrimination when it comes to enrolling in schools. There are age limits. Of course examinations are not indicative of actual potential but then we need a quantifiable way to select students. I am also Indian and have participated in these examinations. Also, I never thought IIMs/IITs are Harvard/MIT. Year over year rankings of universities around the world indicate they are nowhere closer. So let's get real there as well.
>>The Indian middle class dream continues to pursue job as a career and very few take entrepreneurship as a career.
Same like middle class everywhere in the world. Failure is the norm in entrepreneurship, success is an exception. If some one's parents slogged their whole just to get their kids decent education, and all the kids did in return is blow up their their working years experimenting, I don't think the kid has respect for what their parents did.
Contrary to whatever you might think, there are as much opportunities in the US, as they are in India. It all depends on how far you are ready to go. In the US, Indians who are even on short term visits work for dog hours, do the same in India. The result should hardly be different.