Good education is a luxury - which middle class can not afford
My daughter will start Grade 1 next year, and this is the fee structure of one of the schools we are considering in our city. Note that other good schools also have similar fees.
- Registration Charges: ₹2,000
- Admission Fees: ₹40,000
- Caution Money (Refundable): ₹5,000
- Annual School Fees: ₹2,52,000
- Bus Charges: ₹1,08,000
- Books & Uniform: ₹20,000
Total: ₹4,27,000 per year!
This is the price of quality education in India. Can you afford it even if you earn 20 lakh a year? - NO!!!
Why? Because 50% of your $20k income is extorted by the government in form of Income Tax, GST, VAT on petrol, Road tax, Toll Tax, Professional tax, Capital Gain, Land Registry charges and so on. Then you still have to pay for term insurance, health insurance premiums, and PF, NPS for a old age pension. At 20L income you fall in the highest 30% + CESS tax bracket, do not qualify for government schemes, and do not receive any freebies or loan waivers like rich.
In the remaining ₹10L, Either you can h ave food, clothes, pay rent or EMIs, and save something or you can pay school fees for your two kids ... decide!!
Which one would you choose?
🌟 Honored to receive the MSCAI designation! 🌟 Thank you to my peers and supporters. Onward and upward! Celebrating this moment with Dr. George W. Vetrovec, past SCAI president.
I am beyond thankful to share that I have been honored with the prestigious 'Padma Bhushan' award by the Government of India, presented to me by the Honorable President, Smt. Droupadi Murmu, at Rashtrapati Bhavan, New Delhi, on 22/04/2024.
Back in 1977.
Just before I left for college.
My mother wasn’t looking into the camera;
As usual she was gazing into the distance…trying to envision her childrens’ future, hoping that a good education would be their passport to success—and happiness.
Happy #MothersDay Ma.
We’ll keep trying to live up to your dreams for us…
🙏🏽
I am beyond thankful to share that I have been honored with the prestigious 'Padma Bhushan' award by the Government of India, presented to me by the Honorable President, Smt. Droupadi Murmu, at Rashtrapati Bhavan, New Delhi, on 22/04/2024.
https://t.co/Lz6W5b8Q2M
Randomized COmparison of Isolated Radial Artery ComPrEssioN Versus Radial and Ipsilateral Ulnar Artery Compression in Achieving Radial Artery Patency: The OPEN-Radial Trial @DrSanjayCShah@invasivecardiol