Monday, August 15, 2022

Only pilots not enough.

"The next 25 years are expected to be truly transformational for India," wrote Executive Director, IMF, Surjit S Bhalla. "Today, every child in India goes to school; more women attend college than men; and India has the highest proportion of female pilots in the world - 12.4% compared to 5.5% in the US." "There are around 9,000 pilots employed by various airline operators in India. Given the volume of air passenger traffic, India may require around 1,000 pilots per annum over the next five years." Business Line. This means that the total number of female pilots in India is around 1,100 (12.4% of 9,000). "In the USA, there are 734,911 pilots including civilians and military. Of those: 160,860 are private pilots; 103,879 are commercial pilots; 43,300 are military pilots (19,100 Air Force); and 58,541 are female pilots." Skytough. Using percentage instead of absolute numbers is a common way to hoodwink people. The situation for women is dire. "Between 2010 and 2020, the number of working women in India dropped from 26% to 19%, according to data compiled by the World Bank. As infections surged, a bad situation turned dire: Economists in Mumbai estimate that female employment plummeted to 9% by 2022." TOI. The Dowry Prohibition Act was passed in 1961, Ministry of Women & Child Development. Unfortunately, "According to NCRB data, there were 7167, 7141 and 6966 dowry deaths in the years 2018,2019 and 2020 respectively." DH. Mr Bhalla is proud that every child attends school. "While India has made substantial progress in access to schools and higher education, learning outcomes are extremely weak," wrote Prof Devesh Kapoor. "The situation is scarcely better in higher education," "When even IITs have a 40% faculty vacancy rate, what do we think young people are learning in these colleges?" "A 2020-21 report by Unified District Information System for Education Plus (UDISE+) revealed that the annual dropout rate of secondary school students was 14.6%." Telegraph. If India grows at 6.8% in the next 25 years while China grows at 3% over the same period "then India and China will have similar per capita incomes in 2047, around PPP $35,000," wrote Bhalla. About a decade ago, economists Larry Summers and Lant Pritchett "predicted it was more likely that Chinese and Indian GDP growth rates would over the years revert to close to the global mean," wrote Rahul Jacob. "China at least can claim to straddle global manufacturing like the giant it was expected to be." But, "Since 2017-18, the absolute number of farm workers in India has risen by more than 40 million, though economic emergence should have meant a decline. Instead, of the world's largest middle class, we have the world's largest number of subsistence laborers with few other options." Why do eminent economists write such bull? Probably, because the general election is in 2024. wikipedia. Might win a few votes from the gullible.

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