India is creating wealth in all the sectors and because of this only Middle class have been increased and poverty has been reduced.
How does it relate to the quality of education system in India, my father created millions (in dollar terms), but he was illiterate, didn't even finish high school. So your analogy of equating wealth to education level is mute.
And I have seen college graduate pulling rickshaws.
Indian education system is one of the best in India and education is quite cheaper in India and because of this only India is home to International Students and on that food cost is too so much in India
You expected Nepali education system to be the best in India, yet you settled for 'one of the best'.
And by international, you mean Bangladeshi, Nepali, Bhutani or Afghanis, right?
In cities like Hyderabad , we can have full meals in just 5 rupees
₨ 5 = € 0.0697/ $ 0.0768
Yet, India has largest number of malnutrition cases. And No, I have stayed in Hyderabad, there is no 5 rupee meal anywhere. All you can get is 2 poori and some sabji from a side stall.
Health System in India is one of the best for Indian Citizens , free heart surgeries are done in Government Hospitals.
Though that is not relevant to education quality in India, still I would respond to it as apart from expensive private hospitals, the quality of health care an average Sharma receives is below sub par.
they do.
the bank/economic system in india is meant not for societal development ( via technological progress/innovation in this case ) but for perpetuating the "rich become richer" narrative, which in this case would be getting interest-based safe returns from some jobnik every month rather than risk the bank money on something that might not succeed or take time even if the idea is understandably sound.
if the young man and his parents had indeed been to a bank, no doubt the bank would have told them that they have no "product" to offer in this case, because the young man is neither a jobnik who can present salary slips of the last three or six months nor would his parents presumably have had other resources ( mortgaging their only house and the system-induced fear and non-confidence in their son that comes from it ).
Banks are not ration distribution agency to distribute money to anyone who'd come to their doors. It doesn't happen in US, EU or even socialist Russia.
There are government agencies which invest on research proposals, but the process is too much convoluted and complex for a young guy to follow. Even here, it takes months to get approval and funding for a research proposal. Recently, my idea has been pitched to the NIH for a non invasive glucose measurement, and there is a high possibility of getting funding. No body pitches their idea to the bank.