EDUCATION is not a mere source of information. It is more than attaining a degree in lieu. Education has evolved since ages, say the main lower palaeolithic culture in Europe. The invention of “acheulian axes” proves that the people of early stone age in Europe had knowledge about weapons and engineering of stone weapons, and that they earned a living through it. Then came the “Mousterian period” when people used their knowledge about ‘flints’ to earn a living. Though these ancient human beings didn’t possess a degree, but their knowledge about various things in their surroundings not only earned them a living, rather it helped their further generations to evolve. Not only the Europeans, but we should laud the way education has evolved in India. Let’s not forget ‘zero’ was officially discovered by an Indian astronomer ‘Aryabhatta’, and that he certainly counted the number of days in a year to be 365, which eventually led to Albert Einstein saying, “We owe a lot to the Indian...
Since the government claims to lift the economy to 5 trillion dollars in the next five years, one thing should be acknowledged that this wouldn't require the finance minister to lift the economy to a couple of times more in 10 years (2014-2024). But for the government to do something extraordinary, they would have set some empirical targets at least. The current targets of the central government are : 1. 23.25% - income tax 2. 32.20% - customs 3. 44.98% - GST 4. 15.55% - union excise The growth rate targets of 2019-20 might look extraordinary but they are in sharp contrast of the estimates of 2018-19 rates. The estimates of 2018-19 were: 1. 7.16% - income tax 2. -8.60% - customs 3. 3.38% - GST 4. 0.06% - union excise One can easily estimate, how unrealistic the 2019-20 growth rates are. So, to achieve an even faster growth, empirical growth rates must be set by the government or a 5 trillion dollars economy is obvious otherwise. ...