The Data reveals that around 120 Million Migrant People live in the OECD Member Countries.
i.For India, the share of individuals in Migrants who have High Education Status is 65% i.e high education means having received vocational or academic training.
ii.China with 2.25 Million (48.6 % Highly Educated Migrants) came next to India in the list followed by Philippines – 1.89 Million Migrants (shared of Highly Educated Migrants 53.3 %).
iii.Out of 120 Million Migrants living in OECD member countries 30-35% of the migrants are highly educated.
iv.The International Labor Organization (ILO) stated that Most of the High Skilled Migrants belonged to the fields of health care, nurses.
v.India slips to second position, if educated, semi-educated or uneducated among the migrants are taken into account.
Points to be Noted:
There was a slight decline of 1% as compared to the previous year. On the other hand, migration from India to OECD countries increased sharply by 10% and reached 3.3 lakh. Migration from India represents about 5% of the overall migration to OECD countries.
Key Points from Earlier Reports:
i.India emerged as the second-largest source country both in terms of the “total” inflow of new migrants to OECD countries during 2018 and also as regards the number of Indians acquiring citizenship of these countries according to a report released on October,2020.
ii.While China continued to retain its top slot as the largest source country as of October 2020, India replaced Romania to emerge as the second-largest source.
iii.During 2018, about 4.3 lakh Chinese migrated to OECD countries, accounting for nearly 6.5% of the total migration inflows.
Organisation for Economic Co-operation and Development (OECD):
i.Founded in 1961, There are 37 Members in the International Organization.
ii.OECD Members are mostly high-income economies with high Human Development Index (HDI) and are regarded as Developed countries.
iii.The member countries of OECD comprise 62.2 % of Global Nominal Gross Domestic Product (GDP).
Members – Australia, Austria, Belgium, Canada, Chile, Colombia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Korea, Latvia, Lithuania, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States.
Recent Related News:
i.September 17, 2020, As per the report ‘OECD Interim Economic Assessment Coronavirus: Living with uncertainty’, September 2020 India’s Gross Domestic Product (GDP) for FY20-21 is projected to contract by 10.2%(-10.2%).
ii.On October 19, 2020 secretary-general at OECD Jose Angel Gurria Trevino unveiled the 44th edition of “International Migration Outlook 2020” in which India emerged as the second largest source country both in terms of the “total” inflow of new migrants to OECD countries during 2018
About Organisation for Economic Co-operation and Development (OECD):
Secretary General – Angel Gurria
Headquarters – Paris, France