Trapped Refugees

The forced deportation of Afghan refugees from Pakistan underscores the grim reality faced by displaced populations who find themselves at the mercy of shifting political priorities.

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India's economic ambitions rest on its ability to foster a generation of entrepreneurs willing to take risks, build industries, and create jobs. Yet, a troubling trend has emerged – many young business heirs and well-educated professionals prefer managing inherited wealth rather than venturing into operational businesses. This shift away from production and innovation toward financial management poses long-term concerns for India’s industrial and economic future. The younger generation of business leaders often gravitates toward investment management, trading, and running family offices rather than engaging in manufacturing or core business operations. Unlike their predecessors, who built enterprises from the ground up, many of today’s wealthy young entrepreneurs focus on maintaining and growing financial assets. While wealth preservation is important, an economy thrives when individuals create and scale businesses, generating employment and industrial growth. This preference for financial management over business creation is not confined to business families. Even among the middle class, a similar trend is visible. Engineering graduates increasingly opt for finance, consulting, or managerial roles rather than engaging in core engineering or manufacturing. The rapid growth of the services sector, particularly IT and financial services, has made desk jobs in metro cities more attractive than factory-based roles. The perception that managing money is more prestigious and rewarding than building tangible businesses has gained ground over decades, further discouraging industrial entrepreneurship. Several factors contribute to this shift. Cultural attitudes play a major role – working in finance or technology is often seen as more sophisticated than managing production on the factory floor. In many business families, young successors now prefer urban lifestyles over the demanding realities of running manufacturing operations in remote indust