With a population of more than 1.2 billion, India is the world’s largest democracy. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. India has now emerged as a global player.
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The quarterly newsletter Inequality in Focus continues to explore aspects of inequality, this time delving into how poverty can limit aspirations and exploring the gap between facts and perceptions of... Show More + inequality. Access the latest issue here.Aspiration Traps: When Poverty Stifles HopeParents from lower socioeconomic backgrounds often have limited hopes for their children's educational and professional success. In many cases, this low expectation can translate into the children themselves underestimating their potential and future path, trapping them in a negative cycle throughout their lives. Author Svenja Flechtner digs deeper into this phenomenon, exploring possible causes, links to inequality and social unrest, and potential policy and research interventions to counter the negative effects of aspiration traps. Read full article here. Show Less -
WASHINGTON, DC, March 18, 2010 - The World Bank today approved two education projects worth US$1.05 billion to India, designed to boost the number of children enrolling in and completing elementary school,... Show More + and to improve quality of engineering education across the country.India has made significant progress in meeting its education goals, especially at the primary level. Through its 86th constitutional amendment in 2002, India mandated elementary education as a fundamental right of every child. The same year, the government also launched the Sarva Shiksha Abhiyan (SSA), a nationwide program aiming to provide quality elementary education to all children. The Bank has supported the SSA with two IDA credits totaling US1.1 billion since 2003. “SSA - now largest ongoing Education for All (EFA) program in the world - has been remarkably successful, particularly in achieving greater access to elementary education,” said Roberto Zagha, World Bank Country Director for India. “Between Show Less -
March 18, 2010 - India's technical institutions attract some of the best and brightest students in the world. The Indian Institutes of Technology are world renowned and their graduates are represented... Show More + in some of the world’s leading corporations. However, these elite institutions are accessible to only a few qualified students, less than 1%.Many others among India’s 2.5 million technical and engineering students do not receive the same quality of instruction. They often lack the skills necessary to succeed in a demanding environment - such as creativity, the ability to solve real-life problems, as well as communication, interpersonal and team skills.With India's revolution in software and IT services, there is a great demand for world class engineers and technicians. Given India's shortage of personnel with the requisite skills, the country has enormous potential to modernize its economy by upgrading its technical and engineering education to make it more competitive globally.Better Ski Show Less -