The seventy-fifth Republic Day is a good occasion on which to reflect on our future outlook as a nation. The 21st century is India's century, some say. There are aspirations that by 2050, when India celebrates its 100th Republic Day, it will be one of the largest economies in the world and a developed country in percapita income terms. How well prepared are we to achieve these goals?
This question is addressed here through the lens of the Annual Survey of Education (Rural) 2023 Report (ASER 2023) released last week. The ASER basic survey of children in the age group of 3-16 years is recognized as a very reliable and up-to-date assessment of the status of education in rural India. In 2016, instead of the basic survey, ASER launched a new series, 'Beyond Basics,' which surveyed the education status of children in the 14-18 age group. It is the group which is moving beyond the eight years of basic education guaranteed under the Right to Education Act. This age group has been surveyed again in 2023 with nearly 35,000 respondents drawn from randomly selected villages in 28 districts across 27 states.
This age cohort is at the entry point of their working life. They and the next few batches to follow will constitute the backbone of the Indian workforce over the next 25 years. Whether or not India can leverage its 'demographic dividend' to meet its developed-country aspirations depends critically on the capacity and skill levels of these age cohorts.ASER 2023 provides several findings to address this issue, some disappointing and others more hope-inspiring.
Bu hikaye Mint Mumbai dergisinin January 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Mint Mumbai dergisinin January 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
GDP growth falters in Q2, hopes pinned on 2nd half
GDP growth of 5.4% was the lowest in nearly two years, lower than estimates
Aster DM merges with Quality Care in $5-billion deal
Bengaluru-based Aster DM Healthcare on Friday announced a merger with Blackstone-backed Quality Care India Ltd (QCIL) in a deal that will value the combined entity at $5.08 billion (₹43,000 crore).
AIFs, equities pip realty in family office funding
What's Ahead for Family Offices?
Defence contracts emerge as key biz for telecom infra makers
India's push for local manufacturing has prised open a new business frontier for domestic telecom equipment manufacturers.
HUL turns to high-growth segments to lift demand
Premium is the watchword for packaged consumer goods major Hindustan Unilever Ltd (HUL), as it unveiled a new strategy on Friday to ride on an expected rise in household income and increasing consumer preference for more expensive brands and products.
Russia's war economy shows new cracks after ruble plunges
The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains.
Colgate making right moves, but valuation a concern
Colgate Palmolive (India) Ltd has had a good run in recent quarters and continues to make efforts to boost growth.
Kalyani family's wealth war takes a fresh turn
Gaurishankar Kalyani has filed papers to back his claim that HUF exists
Zomato raises ₹8,500 crore via QIP
A big part of the proceeds is to be used to expand Zomato's quick commerce arm Blinkit
Fintech startup Klub halves workforce
Bengaluru-based financing startup Klub laid off about 60-70 employees in September and paused its commerce operations, according to multiple people aware of the developments.
