News FocusPHILANTHROPY

Indian Schools Cash In on Silicon Valley Wealth

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Science  05 May 2000:
Vol. 288, Issue 5467, pp. 794-795
DOI: 10.1126/science.288.5467.794

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Summary

NEW DELHI AND HYDERABAD-- A $1 billion campaign to shore up the elite Indian Institutes of Technology is part of a tidal wave of philanthropy that hopes to raise up Indian higher education. Although a few observers are grumbling privately that such largesse is a thinly veiled attempt by wealthy individuals to seize control of state assets, most view the charity drives as part of the long-awaited payback on India's massive brain drain of the last few decades.