Saturday, August 18, 2007

This is my INDIA

* Indians are young, 71% or 770 million people are below 35 years of age.
* 94% drop out rate of children between kindergarten and 10+2. 6% are the ones that cross the 10+2 stage (Educational "Line of Control").
* 72% of all graduates from the 15,000 colleges are Arts graduates who are not so employable.
* I.T. & Software is only 1.5% of the world's GDP. India's present share is about 3%.
* Of all new employment generated, 1% are Government jobs, 2% are in the ‘organized sector’ and the balance 97% in the ‘unorganized sector’
* Out of our 430 million workforce, 94 % work in the ‘unorganized sector’ and about 6 % in the ‘organized sector’.
* 600 million people are illiterate, based on the international definition of the 3R's (reading, writing and arithmetic, education up to primary level).
* 300 million live below the Government of India’s definition of Poverty Line of Rs.10 per day! As human beings don’t we need more?
* 700 million people below the poverty line definition of the World Bank's new definition of @ US$ 2 per day per person, or US $ 730 per year.
* India has only 1.72% of the World GDP and has 17% of the world population. Our share of world markets or foreign trade is 0.8%, down from 33% 1000 years ago, down from 27% when the British landed in India and down from 3% in 1947.
* Only 5% of Indians understand English, While English is a language used in countries which account for about 40% of the world GDP
* India is probably at the bottom of the heap, as far as the human development iindex is concerned such as infant mortality, child care, malnutrition, women's health, sicknesses, disease, health, clean water, etc.
* Rs 45,000 crores per year is repatriated out of India, for nearly 3,00,000 Indian students studying abroad. These funds are enough to build 20 IIT’s or 50 IIM’s per year! Rs 3,000 cr is the yearly budget of the University Grants Commission, UGC, in New Delhi.
3. Rs 3,000 crores per year is spent by nearly 6,00,000 students trying to arrange and learn for the entrance examinations into the 7 IIT's and the first 20 top IIM's and Management Institutes. Selection rate is hardly 1.2% against nearly 10% in Ivy league colleges such as MIT, Harvard, Cambridge & Stanford.
* Rs 50,000 crores is spent by Indians, every year, for import of 8,00,000 kgs. of Gold . So there is enough money to be spent by Indians for things they want.
* The present system puts in too much emphasis for the development of IQ [only 5% of the brain is used] and not enough into SQ and EQ.
* Education & Training is a life-long process and not meant to stop at an age of 20 or 22! In the progressive countries of the world, nearly 1 month per year is reserved for training/re-training and re-education, right up to an age of 55 or 60. The advantages of Training have still not been understood by the people of India.

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