[Assam] Part 3 : GDP 4 times more needed for India and 7 times for Assam - for Quality School Edu.

[umesh sharma]

Calculation of Assam’s Optimal School Edu. Spending

and Optimal State GDP

 

Assam’s population = 26 million

Assam’s school age population = 8 million   (30% of total)

Assam’s current Edu spending =$100 million per annum*

 

[* Rs 400 per school kid per  annum or $8 per kid per annum  ( Rs 199 per primary school  kid per annum (in 1995-96 at 1998 prices) or $64 million per annum for Assam School education or $100 million on Assam’s Education –incl 50% more for higher ed.]

 

Expenditure for Effective Edu. Per school kid = $220 per annum.

For Assam Effective School Expenditure = $220 * 8 million = $1.75 Billion

 

Optimal Total Edu. Spending =

                                                          $1.75 Billion for school ed.

                                                          + $.9 Billion for Higher Ed (50% of school spending)

Total  Optimal Edu. Spending needed = $2.65 Billion per annum

 

So Assam needs to increase its Education spending by 26 times from current meager $100 million per annum  to $2.65 Billion per annum.

 

Optimal GDP for Assam –extrapolating:

 

Assam’s State GDP currently = $ Rs 35,000 crore = $ 7 Billion

 

Optimally 6% of GDP should be spent on Education.

Current spending but if Optimal Edu. Spending is $2.65 Billion, then it would be 6% of a State GDP of $45 Billion!!

 

So Assam’s GDP should be 7 times of its current level (at current prices) to have quality education. It should be $45 Billion and NOT just $7 Billion as currently is. And then its Total education Spending should increase by 26 times to be Atleast $2.65 billion , with $1.75 Billion to be spent on School Education alone – atleast. Extra amount to be needed to improve supervision, in-service teacher training etc as pointed out earlier.

 

If any errors – please point out.

 

Umesh

College Park,

Maryland, USA.

(857) 928 0174 (cell)

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