Updated On: 29 April, 2012 10:10 AM IST | | Kareena N Gianani
The development space in India is seeing an influx of NRIs, who choose to return to their home country and take almost 100 per cent pay cuts to work towards affordable healthcare, housing and set up rural enterprises. KAREENA N GIANANI finds out what they bring to the realm of social development, and why
Earlier this year, when 27 year-old Karan Moudgil quit his job as a private equity consultant at Goldman Sachs in New York, US, and decided to return to India — 17 years after he left Delhi in 1995 — his friends and family were quite baffled. After he told them he was going to work in the social development space, they chose to keep mum, sure that Moudgil would realise his folly and return in no time.

Two months ago, 27 year-old Karan Moudgil left his job as a financial consultant at Goldman Sachs in New York, US, to work as a consultant at TechnoServe India, an organisation that helps entrepreneurial individuals in rural areas build businesses that create an income for their families and communities. PIC/ SATYAJIT DESAI u00a0 u00a0