The Economics Of A Medical Degree

July 15, 2012 5 Comments

This is from the Hyderabad edition of today’s TOI

The reality behind rising number of women medicos in Andhra Pradesh

Bushra Baseerat, TNN | Jul 15, 2012

HYDERABAD: If the price tags of management quota seats in medicine are skyrocketing in Andhra Pradesh today it is not simply because the good old sentiment behind taking the Hippocratic oath to serve society remains a compelling call for the educated. An estimated 70% of management quota seats in medical colleges have been cornered by the fairer sex but this heartening trend masks a disturbing reality – a medical degree is coming in handy these days for those looking to snag a good match in the marriage market.

College managements state that a doctor’s certificate often masks the not-so-palatable truth that an MBBS degree fetches girls a “good match” – a key reason why parents shell out big bucks for a medical seat for their daughters. Also responsible for the prevailing management quota seat rates of Rs 50 lakh to Rs 1 crore is the increasing wealth of the state’s elite over the last couple of decades and the post-liberalisation anthem of ‘have money, will buy’ that applies to education as well. Read more of this post

Filed under Alternative Assets, Theory, Tool Kit Tagged with capitation fee, donation, dowry, economics of a medical degree, good match, management quota medical seats, medicine, medico match, postaday, prestige issue, status symbol

The Future Of Indian Cities

July 14, 2012 10 Comments

Filed under Theory, Tool Kit Tagged with Ahmedabad, Bangalore, change in GDP, Chennai, city GDP, Delhi, Hyderabad, Kolkata, Mumbai, per capita GDP, population, postaday, Pune, the future of Indian cities

Cree Proverb

July 14, 2012 3 Comments

Filed under Theory Tagged with can't eat money, Cree Proverb, postaday, protect nature

Plant It Forward

July 14, 2012 6 Comments

I planted, Apollos watered, but God gave the increase.

I Corinthians 3:6

Toward the end of his life, Honi the Circle Maker was walking down a dirt road when he saw a man planting a carob tree. Always the inquisitive sage, Honi questioned him, “How long will it take this tree to bear fruit?” The man replied, “Seventy years.” Honi said, “Are you quite sure you will live another seventy years to eat its fruit?” The man replied, “Perhaps not. However, when I was born into this world, I found many carob trees planted by my father and grandfather. Just as they planted trees for me, I am planting trees for my children and grandchildren so they will be able to eat the fruit of these trees.”