Indian Economy-News & Updates

[Gandhi G in da house]

Yes, the World Bank has higher credibility, but it reports based on data collected by Indian govt using its criteria for poverty. And India's poverty line is absolutely ridiculous, and even with that poverty line, it reports 37.5% population living below it.

Don't make light of it; it's a deadly serious issue that affects hundreds of millions of Indians, making it the world's biggest population of poor, hungry and illiterate people in the world living in a country with 55 newly minted billionaires and 240,000 dead farmers from suicides in the last 12 years.




your link doesn't prove anything .

world bank numbers clearly say that the poverty is measured by 1.25 $ per day which is the international poverty line .world bank does its own indipendent research as well as it has connection with NGO 's on the gorund as well which conduct their own research for the World bank .

again read it . right from the horse's mouth .

http://web.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTGLOBALMONITOR/EXTGLOMONREP2011/0,,contentMDK:22885524~pagePK:64168445~piPK:64168309~theSitePK:7856232,00.html





Box 1.1 .

 

[Vinod2070]

You are not answering my question. What is that percentage of? 0.9% of all the Indians aged 15 and above? 22.5% of all the Pakistanis aged 15 and over?

These numbers put the credibility of the report into serious questions.

India has far better literacy rates and far better educational facilities than Pakistan. We have one of the largest scientific and technical pools. A thriving high technology sector millions of people working in high tech industries.

To even compare with Pakistan and claim that Pakistan is ahead by 45 times shows utter stupidity of some who are parading the trash.

 

[Gandhi G in da house]

These numbers put the credibility of the report into serious questions.

India has far better literacy rates and far better educational facilities than Pakistan. We have one of the largest scientific and technical pools. A thriving high technology sector millions of people working in high tech industries.

To even compare with Pakistan and claim that Pakistan is ahead by 45 times shows utter stupidity of some who are parading the trash.

Now let us see the quality of education in Pakistan ,

Quality also matters and not just completion rates .

only 7 % of those Pakistani school children who complete primary education can be called literate . According to a UNICEF report as said in this video.

 

[Roybot]

Yes, the data is what it is.

It's clear that there is no amount of explaining that I can do that will satisfy you. You have to read the report honestly and with an open mind to understand it.

Hah just wanted to hear that!

Let me do some quick maths for you, do point out if there is any mistake.

From you very own Barrow & Lee,

Lets focus on the rather "dismal" as you put it, secondary completion rate of 0.9%.

Population of India(15+)= 829,075,000 ( From Barrow-Lee)

15+ people who have completed secondary education= 0.9% of 829075700 = 7,461,6755

This is how many Indians passed secondary education.( 3 National Boards, 25 State Education Boards), in 2011 alone! 8,815,505.

So what they are showing for India, is the number of students who successfully completed their secondary school for each individual year, instead of the cumulative figure.

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What they should have done, is put a cumulative figure, like they have done for every other country, including Pakistan (22.5%).

Shazzam! Proved. So much for Barrow and Lee from Harvard, and oh they are God, so they can't be wrong!

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Am sorry, you may not use this loophole to mislead Pakistanis anymore

 

[Vinod2070]

Now let us see the quality of education in Pakistan ,

Quality also matters and not just completion rates .

only 7 % of those Pakistani school children who complete primary education can be called literate . According to a UNICEF report as said in this video.

You know, I look at these things as a tragedy. Something that the countries need to work upon and improve.

Not to act like a scavenger for digging these and trying to score cheap points as some out of work people are doing here.

 

[Gandhi G in da house]

You know, I look at these things as a tragedy. Something that the countries need to work upon and improve.

Not to act like a scavenger for digging these and trying to score cheap points as some out of work people are doing here.

yes , it is painful to see that so many pakistani children can't tell the difference between a volcano and a bomb-blast. I found it very disturbing as well .

 

[RiazHaq]

Hah just wanted to hear that!

Let me do some quick maths for you, do point out if there is any mistake.




This is how many Indians passed secondary education.( 3 National Boards, 25 State Education Boards), in 2011 alone!.

So what they are showing for India, is the number of students successfully their secondary school individually

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What they should have done, is put a cumulative figure, like they have done for every other country, including Pakistan (22.5%).

Shazzam. Proved. So much for Barrow and Lee and of Harvard, and oh they are God,can't be wrong!

Here's the problem with your data and your arguments: Your data just shows percentage of Indian students who actually took the final secondary school exam, not a percentage of those in the secondary school age group who enrolled, stayed in school and then appeared in the exam and passed it.

BIG DIFFERENCE!

 

[Rang De]

This thread is about News and updates about Indian economy. NOT a place to promote you creepy blogs.

What world financial instt. like IMF says matters at the end of the day, not someone's moooosinngss.

Some people need to have their own blogs to write "good" things about their country's economy, when no one else, not IMF, not news agencies, not magazines have anything good to say.

Keep masterbating over your own mooossinngsss, we know you have no other option. but don't bring your garbage here.

 

[Gandhi G in da house]

Here's the problem with your data and your arguments: Your data just shows percentage of Indian students who actually took the final secondary school exam, not a percentage of those in the secondary school age group who enrolled, stayed in school and then appeared in the exam and passed it.

BIG DIFFERENCE!

The link clearly says that out of 11700270 that appeared for the exam , 8815505 passed it i.e a 75.33 % pass rate .

It is sad that you choose to ignore such facts clearly .you are doing your nation great disservice .

Don't trivialize such matters .

 

[Vinod2070]

8.8 million students would be more than 1% of the population above the age of 15.

Seems someone can't interpret basic data!

 

[Roybot]

Here's the problem with your data and your arguments: Your data just shows percentage of Indian students who actually took the final secondary school exam, not a percentage of those in the secondary school age group who enrolled, stayed in school and then appeared in the exam and passed it.

BIG DIFFERENCE!

Good grief, Ok I ll try once more.
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In 2011 alone, 8,815,505 students successfully completed secondary education. Thats 1.06% of 829,075,000 Indians aged 15+

In 2010 alone, say about (8,500,000) successfully completed secondary education, Thats 1.00% of All Indians Aged 15+

In 2009 alone, say about(8,000,000) successfully completed secondary education, Thats 0.95% of All Indians Aged 15+

In 2008 alone, say about(7,500,000) successfully completed secondary education, Thats 0.90% of All Indians Aged 15+

In 2007 alone, say about(7,000,000) successfully completed secondary education, Thats 0.85% of All Indians Aged 15+

And so on!

And then you add all those percentage over the year! Cumulative.

=========================================================================

 

[RiazHaq]

Now let us see the quality of education in Pakistan ,

Quality also matters and not just completion rates .

only 7 % of those Pakistani school children who complete primary education can be called literate . According to a UNICEF report as said in this video.

Here's a report about quality of education in India:

As per the Assocham study, India was at the last position in terms of quality of secondary education while Russia and Brazil had maximum scores. The quality of tertiary education in India was lowest among the other emerging nations. The points it scored on the scale of 2, was 0.1. Even though the demographics of India are considered its strength, the country has scored the minimum in this too and was ranked at last place. Moreover, in terms of students enrollment for primary education, India is highly incompetitive with the gross enrollment ratio standing at 98.1.

"Serious attention needs to be paid towards the education system. India may stand to loose its competitive advantages against the other countries in long term if corrective measures are not taken to strengthen the Indian education system qualitatively," said Sajjan Jindal, ASSOCHAM President while releasing the ASSOCHAM Eco Pulse (AEP) Study 'Comparative Study of Emerging Economies on Quality of Education'. It was carried out on the basis of 20 parameters relating to primary, secondary, tertiary education and higher education and demography and data provided by UNESCO, IMF, WEF, Financial Times was used for the purpose.

Among the rest five countries, China has secured second place with scoring 6.7 points, while Brazil has positioned itself at third place with 5.56 score points as the quality of education in Brazil remains stable across all levels of primary, secondary and higher education. Mexico has been ranked at fourth place on the strength of its higher education. South Africa, a relatively new entrant to the club of developing economies, has managed to be on fifth place on the strength of its tertiary education and demographic qualities though it lags far behind in primary education. However, Indonesia stands at the last position with an overall score of 2.68 points. The gross enrolment ratio is highest in Brazil (148.5), followed by China (116.2) and Russia (113.8). Even Indonesia (110.9) and South Africa (105.1) enjoy better enrolment ratio than India.

India ranks second last in Quality Education

 

[Gandhi G in da house]

Here's a report about quality of education in India:

As per the Assocham study, India was at the last position in terms of quality of secondary education while Russia and Brazil had maximum scores. The quality of tertiary education in India was lowest among the other emerging nations. The points it scored on the scale of 2, was 0.1. Even though the demographics of India are considered its strength, the country has scored the minimum in this too and was ranked at last place. Moreover, in terms of students enrollment for primary education, India is highly incompetitive with the gross enrollment ratio standing at 98.1.

"Serious attention needs to be paid towards the education system. India may stand to loose its competitive advantages against the other countries in long term if corrective measures are not taken to strengthen the Indian education system qualitatively," said Sajjan Jindal, ASSOCHAM President while releasing the ASSOCHAM Eco Pulse (AEP) Study 'Comparative Study of Emerging Economies on Quality of Education'. It was carried out on the basis of 20 parameters relating to primary, secondary, tertiary education and higher education and demography and data provided by UNESCO, IMF, WEF, Financial Times was used for the purpose.

Among the rest five countries, China has secured second place with scoring 6.7 points, while Brazil has positioned itself at third place with 5.56 score points as the quality of education in Brazil remains stable across all levels of primary, secondary and higher education. Mexico has been ranked at fourth place on the strength of its higher education. South Africa, a relatively new entrant to the club of developing economies, has managed to be on fifth place on the strength of its tertiary education and demographic qualities though it lags far behind in primary education. However, Indonesia stands at the last position with an overall score of 2.68 points. The gross enrolment ratio is highest in Brazil (148.5), followed by China (116.2) and Russia (113.8). Even Indonesia (110.9) and South Africa (105.1) enjoy better enrolment ratio than India.

India ranks second last in Quality Education

My god Riaz you can't even read or what ?

From your own link .


The draught of education in India has reached the extreme as it ranks sixth among the seven emerging economies of the world, in terms of education quality


The seven countries being ranked were Russia , China , india ,Brazil , Mexico , South africa and indonesia .

India ranked six and Indonesia ranked last .

Pakistan does not even belong to this league , it is way below this .

EPIC FAIL .

 

[Vinod2070]

My god Riaz you can't even read or what ?

From your own link .


The draught of education in India has reached the extreme as it ranks sixth among the seven emerging economies of the world, in terms of education quality


The seven countries being ranked were Russia , China , india ,Brazil , Mexico , South africa and indonesia .

India ranked six and Indonesia ranked last .

Pakistan does not even belong to this league , it is way below this .

EPIC FAIL .

When one is scavenging like mad, the finer details are not one's top priority.

 

[RiazHaq]

Good grief, Ok I ll try once more.
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In 2011 alone, 8,815,505 students successfully completed secondary education. Thats 1.06% of 829,075,000 Indians aged 15+

In 2010 alone, say about (8,500,000) successfully completed secondary education, Thats 1.00% of All Indians Aged 15+

In 2009 alone, say about(8,000,000) successfully completed secondary education, Thats 0.95% of All Indians Aged 15+

In 2008 alone, say about(7,500,000) successfully completed secondary education, Thats 0.90% of All Indians Aged 15+

In 2007 alone, say about(7,000,000) successfully completed secondary education, Thats 0.85% of All Indians Aged 15+

And so on!

And then you add all those percentage over the year! Cumulative.

=========================================================================

What is the source of your data?