08-10-2010, 02:45 PM
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Education
Third largest education system in the World (after China and USA).
17973 institutions (348 universities and 17625 colleges).
Small elite sector of IITs, IIMs and IIPMs.
20 central universities, the rest state universities.
Average enrolment: 530 students (compared to 4300 in USA).
Most private and foreign universities and colleges focus on business studies, engineering and IT.
Infrastructure
$ 9 billion programme to upgrade 25 airports.
Delhi and Mumbai International airports – two PPP projects with estimated investment of $3.8 billion.
$54 billion earmarked for construction of roads and highways.
100% foreign direct investment allowed in this sector.
Improvement in public infrastructure including schools, hospitals, offices .etc
Economic Growth Indicators
GDP exceeding 8 per cent in every year since 2003-04. Grew at 9.4% in 2006-07 (Second highest ever). Revised economic growth of 8.7 per cent for 2007-08.
The Growth Rate of per capita income in 2007-08 is projected to be 7.2 per cent, the same as the average of the five years to the current year.
Since 2002-03 there has been a sharp acceleration in the growth of Per Capita Income, almost doubling to an average of 7.2 per cent per annum (2003-04 to 2007-08).
Average income would now double in a decade, well within one generation, instead of after a generation (two decades).