[lnkmails]

>For eg, to get into IIM or IIT (equivalents of Harvard or MIT in US), you need more then just knowledge to get selected amongst hundreds of thousands.

This is untrue. They all have competitive examinations that are open to anyone. There is affirmative action after admission which is the only non-merit part of it. Generally in India, there is age discrimination when it comes to enrolling in schools. There are age limits. Of course examinations are not indicative of actual potential but then we need a quantifiable way to select students. I am also Indian and have participated in these examinations. Also, I never thought IIMs/IITs are Harvard/MIT. Year over year rankings of universities around the world indicate they are nowhere closer. So let's get real there as well.