'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
YIM has been instrumental in more than 90 young Indian scientists going back to India.
"For my government, engagement with the India community abroad has been a key priority," he said.
Prime Minister Manmohan Singh said on Thursday that India has overcome the problem of 'brain drain' and is drawing on the global 'brain bank' of people of Indian origin.
Terming it as an important day in history, Shah said Madhya Pradesh has become the first state in the country to start the MBBS course in Hindi.
Yale's talks with the HRD ministry involve mentoring all 14 universities through its leadership programme.
The innovation universities are part of the ministry of human resource development's brain gain policy.
These universities are a part of the ministry's 'brain gain' policy to attract talent from all over the world. Human Resources Development Minister Kapil Sibal had last August announced that 14 Innovation Universities will be set up in the country under the 11th Five-year Plan (2007-12).
Terming as "unfortunate" regression in some sectors of Indian science due to red tape and political interference, Prime Minister Manmohan Singh, on Sunday, asked scientists to engage with government to liberate it from shackles of "bureaucratism and in-house favouritism".
Prime Minister Singh highlighted the five Es -- economy, energy, environment, education and empowerment -- that forms a critical part of the 'next phase' of the relationship between the two countries.
Modi congratulated the Indian Americans.
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Asserting that India was committed to remain an open economy, Prime Minister Manmohan Singh has said there was a greater willingness internationally now to work with the country and build relationships of mutual benefits.
Modi's statement came days after the Indian army's surgical strikes on terror launch pads across the Line of Control as also in the backdrop of Pakistan's constant clamour.
Had the slain Indian-American engineer stayed in India, he would have earned less but his life might have been spared, Sunanda K Datta-Ray says, pondering the question of where one belongs.
Education, jobs, health and more: Experts share their wishlist.
Indians are welcome to study and work in Great Britain, says UK's Minister for Science and Universities Jo Johnson.
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