Will India’s Uneducated Youth Be A Demographic Problem?

  Highlights *Literacy rates among the youth in India are 69% and 86% for females and males, respectively * Only 29% of young women and 38% of young men have completed 10 or more years of education *5.5 million people are enrolled in vocational courses in India, compared to 11.9 million in the US and … Continued

Rich-Poor Gap Widens In Urban & Rural India

  Highlights * The median monthly per capita expenditure (MPCE) increased 33% in rural areas and 34% in urban areas between 2009-10 and 2011-12. * While rural households are spending more on healthcare, urban households are spending more on transportation. * Food is accounting for lower spends in both rural and urban areas. Spending on … Continued

India’s Frightening Secret: Many States Ageing More Than Scandinavia

  Highlights *Nine states have lower fertility rates than highly developed countries of the world * Elderly population approximately 77 million in Census 2001 * Old age dependency ratio will go up from 13% in 2000 to 32.8% in 2050   Is India a young country? The common response is the often quoted statistic; half … Continued

The Rs 110,000 Crore ‘Enhancement’ Figure In India’s Food Security Bill

  Highlights * The National Food Security Bill is estimated to cost Rs 6,82,163 crore over three years   * Agriculture ‘production enhancement cost’ estimated at Rs 66,000 crore in first year, Rs 11,000 crore in third year   * Infrastructure and logistics expenses constant over 3 years   India’s National Food Security Bill (NFSB), … Continued

How India’s Airport Body Earns 20% Of Revenues For Doing Nothing

   Highlights * AAI earned Rs 4,749 cr over the last 5 years from its share in Delhi and Mumbai airports * Airport Body earned Rs 2,669 cr from Delhi airport, a higher revenue share than the Rs 2,082 crore earned from Mumbai * Profit for AAI in the last 10 years has been Rs … Continued

Are Micro Lending Institutions Back In Business?

Are India’s microfinance institutions (MFIs) on a comeback trail? Data suggests the industry is recovering from the 2010 crisis triggered by a tough law that nearly banned the industry in the southern state of Andhra Pradesh.   The gross loan portfolio of MFIs rose 23% to Rs 21,245 crore in the year ended 31 March, … Continued

India’s Bigger Soft Infrastructure Challenge

In the race to build infrastructure on the ground, India is restrained by lack of talent and capacity to execute the plans laid out by the Central Government under the ambitious Jawaharlal Nehru National Urban Renewal Mission (JNNURM).   JNNURM was launched in December 2005 with a total outlay of Rs 66,084 crore. Despite the promise … Continued

No Investment, No Growth. Simple.

India’s Prime Minister Manmohan Singh this week released a Report To The People on the achievements of the United Progressive Alliance (UPA) in the nine years that it’s been in Government.   In the report, he acknowledged the domestic slowdown but also attributed it to external factors. “India was among the fastest growing economies of … Continued

Student Loans Jump 15 Times To Rs 48,000 Cr In 9 Years

Our higher education system rests on the pillars of accessibility, affordability and quality. We now have over 650 degree awarding institutions and over 33,000 colleges in the country. Despite this, there is a gap of quantity as well as quality.    – President Pranab Mukherjee     For a country the size of India, accessibility … Continued

Financial Inclusion Seems To Be Working

A stated goal of financial inclusion seems to be working for the Government as well as the Reserve Bank of India.   Banking services reached 211,324 villages at the end of December 31, 2012, up from 67,694 villages in 2010 – an increase of 211%. As per Census 2011, there are 641,000 villages across the … Continued