Economy of a region is decided by two main factors, particularly -- education and man power. Without the support of one, the other can't make up to cope with the challenges. Thus, when both are sound, development comes into reality.
The concept of economy,as a whole, is believed to be not well known to our denizens. However, I 'm quite convinced that everybody, almost, knows how to bring development in his/her family; for this -- children are sent to schools/colleges, parents work and earn and no one wants to be free all the time. This is in fact a good omen that we are working hard to achieve something good.
Now, coming to the point of economy, let's discuss some very fact about how we spend our money.
Almost every household, at kakching, has wards studying either inside or outside Manipur. Considering only those studying at kakching, the annual expenditure on education per child may be roughly around Rs. 3000 (if it's private institute). And, there are more than 5000 school going students, which in total, the annual average expenditure computes to Rs.1,50,00,000 (1 crore and 50 lacs). Unbelievable! huh!! Such a huge expenditure just on education.
And what about more than 1000 students studying outside Manipur. Rs. 3000 per month is the minimum amount, every single student is sent from home. Annually, a student spends more than Rs. 36,000 --- let's say Rs. 40000 (including minimum traveling expenses). Then, the mathematics results Rs.4,00,00,000 (4 crore)---just the expenses without admission fees. If admission fees are brought into the scene, the figure reaches up to Rs. 30,000 * 1000= Rs.3,00,00,000 (3 crore). The total value then comes out to be Rs. 8.5 crores (approx). Imagine a small town like kakching spends more than 8.5 crore on education, annually! But, the calculations above have shown that, much more of the expenditures are on higher education... for those studying outside Manipur. By reducing the expenditures outside our state, we could let good things to happen in our town.
(...to be continued)
The concept of economy,as a whole, is believed to be not well known to our denizens. However, I 'm quite convinced that everybody, almost, knows how to bring development in his/her family; for this -- children are sent to schools/colleges, parents work and earn and no one wants to be free all the time. This is in fact a good omen that we are working hard to achieve something good.
Now, coming to the point of economy, let's discuss some very fact about how we spend our money.
Almost every household, at kakching, has wards studying either inside or outside Manipur. Considering only those studying at kakching, the annual expenditure on education per child may be roughly around Rs. 3000 (if it's private institute). And, there are more than 5000 school going students, which in total, the annual average expenditure computes to Rs.1,50,00,000 (1 crore and 50 lacs). Unbelievable! huh!! Such a huge expenditure just on education.
And what about more than 1000 students studying outside Manipur. Rs. 3000 per month is the minimum amount, every single student is sent from home. Annually, a student spends more than Rs. 36,000 --- let's say Rs. 40000 (including minimum traveling expenses). Then, the mathematics results Rs.4,00,00,000 (4 crore)---just the expenses without admission fees. If admission fees are brought into the scene, the figure reaches up to Rs. 30,000 * 1000= Rs.3,00,00,000 (3 crore). The total value then comes out to be Rs. 8.5 crores (approx). Imagine a small town like kakching spends more than 8.5 crore on education, annually! But, the calculations above have shown that, much more of the expenditures are on higher education... for those studying outside Manipur. By reducing the expenditures outside our state, we could let good things to happen in our town.
(...to be continued)
