Magical Entrepreneur Coaching in Mumbai October 2006

-Mumbai’s suburban rail systems carry a total of 2.2 billion passengers every year. The world’s population is 6 billion. - Mumbai’s per capita income is Rs 48,954 (US$1,100). This is almost three times the national average!

Some surprising facts shared with us during the coaching by Life Member and crusader for education reform Mr. Khanna is

- drop out rate in schools from KG to 10+2 is 90 to 94% - china has about 1.8 million schools while India has 0.95 million

- Mumbai’s literacy rate is 85.6% (female: 82.7%, male: 90%) compared with India ’s overall literacy of 65.4%. UNICEF sugestes that illiteracy in India is close to 60% or 650 million while China has a literacy of about 93%

-India has 342 universities, while China has about 900 and Japan has over 4,000

-71% or 770 million are below the age of 35 years of age, Indians are young

- 450 million live below the poverty line definition of the World bank definition of US$1 per day, 700 million if you raise the standard to US$2 per day

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