AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

India's President Abdul Kalam Saturday urged a major hike in government and private-sector spending on education to boost employment and literacy in a country where some 350 million people cannot read.
In his customary speech on the eve of Independence Day, Kalam said India needed to focus on providing "high-value and productive employment opportunities."
"A recent study indicates that the unemployment level in the country is nine percent of 400 million employable people. That is around 36 million," said Kalam, whose role is largely ceremonial.
"Yet we have 350 million people who need literacy and many more who have to acquire employable skills to suit the emerging modern India and the globe," the president said.
Despite successive governments promising to achieve universal education and steadily increasing funding, "Thirty five percent of our adult population is yet to achieve literacy," Kalam said.
Thirty-nine percent of primary school students drop out and 55 percent of children in middle school leave before finishing, he said.
Kalam, who rose from a modest upbringing to become India's foremost missile scientist, said education funding was little more than four percent of gross domestic product.
"If we have to achieve nearly 100 percent literacy, it is necessary to increase expenditure on education to about six to seven percent of GDP," he said.
He appealed to the private sector to pitch in, saying the burden of higher education spending would only be felt for a few years.
"Different regions of the country may be adopted by the corporate sector within an overall national mission for education," he said.
India has set itself the goal of transforming itself into a developed nation by 2020.

Copyright Agence France-Presse, 2004

Comments

Comments are closed.