Did you know India’s per capita income for FY 2018-19 was Rs. 1,26,406 and for FY 2019-20, it is expected to be Rs. 1,35,048 ?
Per capita income can be defined as average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area’s total income by its total population.
Almost a year back, I met some of my old-time friends ( going back 20 years or so) for lunch. It was like a get together of 40+ year old men who were meeting after two long decades to catch up like bachelors. The meeting started with lunch and went on to dinner late in the night.
“It used to be thought that the events that changed the world were things like big bombs, maniac politicians, huge earthquakes, or vast population movements, but it has now been realized that this is a very old-fashioned view held by people totally out of touch with modern thought. The things that change the world, according to Chaos theory, are the tiny things.
Before I start expressing myself in this highly opinionated article about “Ed-tech” landscape of this country and the hype created by these companies, let me give you some numbers that are published by MHRD, the ministry responsible for the Indian education system.
As per MHRD report of 2016 (yes, that’s when they counted last for enrolment in Indian education system), India has more than 260 million students.
Whenever I discuss ideas about education platforms, about ed-tech companies or anything related to education sector in India, the foremost thing that is mentioned by everyone is “Dude !!! Indian education system sucks …” . So, like all other tech guys, a couple of years back, my natural tech instinct poked me to google “Problems with Indian Education System” (Go ahead, you can google it now also.
So, you have been thinking about MBA for quite some time now ? Suddenly you have noticed that so many people around you are pursuing MBA and then, everyone is changing career options or hopping jobs to get a better profile. You have also started thinking that you are getting limited in your current organization and you need to do something like an MBA to grow further.
So, you are a working professional (most probably IT professional), who has a decent salary. But you have realized that you don’t enjoy technical life and may be you should move into management. Also, some of you may be facing mid life crisis. By now, you already have done many trainings in all the organizations you have worked for.
So, you know about SDLC (Software Development Life Cycle). And you have studied that boring book on software engineering. You don’t give a damn to the development model whether it is Waterfall model or Spiral model. And if you are new age engineer, you don’t even care about the new term “Agile”.