Friday, January 6, 2012

India's Problems: How many are high school graduates in India?

I was astonished to find that only 15% of the students even enter the high school education and only less than half of this really graduate from the schools.

This means in the India's population only about 84 million (7% of the total) have a pass from the high schools. A very small portion of this go to college/university and graduate.  The estimate is about 10 million Indians are college graduates.

My estimate, then, shows that vast majority are without even a mere high school education.  Most of these people are in abject poverty, that they can't earn more than $2 per day per person.  The numbers in this category is as many as 1116 million Indians.

This is the reason the average GDP is just about $1667 per person per year, which appears to be nearly 3.5 times LESS than that of the Chinese across the NE border.

It appears that about less than a million Indians are considered "Rich", about 10 millions are considered as "Upper Middle Class", about 80 millions are labelled as "Lower Middle Class" and the rest are "Poor".

This figures bother me a lot.

More later...

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