India is ranked 88 out of 110 countries in The 2010 Legatum Prosperity Index.
Norway was ranked 1st, Australia 4th, USA 10th, China 58th all well ahead of us.
Our predicament is shared by Bangladesh 96th, Rwanda 98th, Ethiopia 107th and Pakistan 109th.
The Legatum Prosperity Index is the world's only global assessment of wealth and wellbeing; unlike other studies that rank countries by actual levels of wealth, life satisfaction or development, the Prosperity Index produces rankings based upon the very foundations of prosperity those factors that will help drive economic growth and produce happy citizens over the long term.
I have compared our rating with Norway in the graph to make us aware where we are lagging. I did not want to compare ourself with Pakistan or Zimabwe ranked 110.
Let us see why we rank so low in spite of such economic strengths :
1) Economy - Ranked 44th - India’s economy is growing steadily and contributing to public optimism despite current low standards of living. India places just 61st with regard to citizens’ ability to access affordable food and shelter. Only six out of 10 people are content with their standards of living, placing the country 64th on this variable.
2) Entrepreneurship & Opportunity - Ranked 93rd. Indians are optimistic of business opportunities, despite poor entrepreneurial infrastructure and social inequality. Indians are extremely pessimistic about the local entrepreneurial environment: only 56% of people believe their local area is a good place to look for a job, placing India amongst the lowest 15 countries on this Index. In addition, India has a weak infrastructure for entrepreneurship: less than a third of the population owns a mobile telephone, internet bandwidth capacity is only moderate, and the availability of secure internet servers is low.
3) Governance - Ranked 41st India’s democratic structures are stable and well-regulated, helping to secure public approval. India is a relatively successful democracy. The current regime has been in place for approximately six decades, indicating a high level of stability. Although the rule of law is strong, the view that corruption is widespread in government and businesses is common, placing India 72nd on this variable. Similarly, regulation of the business environment is inadequate.
4) Education - Ranked 89th. Low enrolment rates and large classes result in poor human capital. India has a poorly developed education system. Net primary enrolment is below average at 90%, gross secondary enrolment is low at 57%, and gross tertiary enrolment is at 13%. India ranks in bottom third of the Index on all three variables. According to a 2009 survey, less than three-quarters of respondents were satisfied with their local educational facilities, placing India 53rd on this variable.
5) Health - Ranked 95th. India has extremely poor healthcare, failing to prevent systemic diseases or malnourishment. One in 20 children die within the first year of life in India, and almost one-in-five people are malnourished, indicating poor public health. Indians have a life expectancy of only 53 healthy years. Preventative healthcare is extremely ineffective in India: only 62% of children are immunised against infectious diseases and only 67% are immunised against measles, placing India in the bottom 10 countries on both variables.
6) Safety & Security - Ranked 78th. Indians face threats arising from displacement, political violence, and crime. India faces political and demographic problems, which threaten its national security. There is a high level of displacement in India, resulting in a sizeable community of refugees and internally displaced persons, and there are many group grievances arising from current and historic injustices. According to a 2009 survey, an above-average 6% of people had been assaulted in the previous year, but only 8% had been victims of theft, placing India 63rd and 12th, respectively, on these variables. Additionally, three-quarters of people feel safe walking alone at night, ranking 28th, globally.
7) Personal Freedom - Ranked 74th. In India, individual freedoms are limited and tolerance of immigrants remains low. Indians are somewhat restricted in their civil liberties, and the country places 53rd with regard to freedoms of expression, belief, association, and personal autonomy. According to a 2009 survey, only 68% of people are satisfied with their freedom to choose what they do with their lives, placing India 67th on this variable. Less than half of people surveyed believe that their city is a good place for immigrants to live, placing India 95th on this variable. A slightly higher 63% believed that ethnic and racial minorities are welcomed in their city, placing India 65th on this variable.
8) Social Capital - Ranked 105th. Family and religion are important factors, which tie together the Indian society. According to a 2009 survey, an above-average 21% of Indians believe they can trust others. However, objective measurements of social capital are less positive. Only 19% of people had donated to a charity in the previous month and just 13% had formally volunteered their time over the same period, placing India 76th and 77th, respectively, on these variables. Similarly, only 36% of people had helped a stranger in the previous month, indicating relatively poor community relations. Social networks are reasonably well-developed. India has the second-highest rate of marriage at 75%, indicating the potential for strong access to familial networks. Access to religious networks may also be strong, with almost three-quarters of respondents to a 2009 survey having attended a place of worship in the preceding seven days. Despite these networks, less than two-thirds of people claim they can rely on family or friends in times of need, placing the country just 102nd on this variable.
The above observations are the criteria on which we are ranked 88 / 110. Please check out for other comparisons with other nations and see where we lack and need to improve - click on link below :
http://www.prosperity.com/default.aspx
Thursday, October 7, 2010
Software bugs
A probe launched from Cape Canaveral was set to go to Venus. After takeoff, the unmanned rocket carrying the probe went off course, and NASA had to blow up the rocket to avoid endangering lives on earth. NASA later attributed the error to a faulty line of FORTRAN code. The report stated, "Somehow a hyphen had been dropped from the guidance program loaded aboard the computer, allowing the flawed signals to command the rocket to veer left and nose down... Suffice it to say, the first U.S. attempt at interplanetary flight failed for want of a hyphen." The vehicle cost more than $80 million, prompting Arthur C.Clarke to refer to the mission as "the most expensive hyphen in history."
9. Radiation machine kills four: 1985 to 1987
Faulty software in a Therac-25 radiation-treatment machine made by Atomic Energy of Canada Limited (AECL) resulted in several cancer patients receiving lethal overdoses of radiation. Four patients died. When their families sued, all the cases were settled out of court. A later investigation by independent scientists Nancy Leveson and Clark Turner found that accidents occurred even after AECL thought it had fixed particular bugs. "A lesson to be learned from the Therac-25 story is that focusing on particular software bugs is not the way to make a safe system," they wrote in their report." The basic mistakes here involved poor software-engineering practices and building a machine that relies on the software for safe operation."
8. AT&T long distance service fails: 1990
Switching errors in AT&T's call-handling computers caused the company's long-distance network to go down for nine hours, the worst of several telephone outages in the history of the system. The meltdown affected thousands of services and was eventually traced to a single faulty line of code.
7. Patriot missile misses: 1991
The U.S. Patriot missile's battery successfully headed off many Iraqi Scuds during the Gulf War. But the system also failed to track several incoming Scud missiles, including one that killed 28 U.S. soldiers in a barracks in Dhahran, Saudi Arabia. The problem stemmed from a software error that put the tracking system off by 0.34 of a second. As Ivars Peterson states in Fatal Defect, the system was originally supposed to be operated for only 14 hours at a time. In the Dhahran attack, the missile battery had been on for 100 hours. This meant that the errors in the system's clock accumulated to the point that the tracking system no longer functioned. The military had in fact already found the problem but hadn't sent the fix in time to prevent the barracks explosion.
6. Pentium chip fails math test: 1994
The concept of bugs entered the mainstream when Professor Thomas Nicely at Lynchburg College in Virginia discovered that the Pentium chip gave incorrect answers to certain complex equations. In fact, the bug occurred rarely and affected only a tiny percentage of Intel's customers. The real problem was the nonchalant way Intel reacted. "Because we had been marketing the Pentium brand heavily, there was a bigger brand awareness," says Richard Dracott, Intel director of marketing. "We didn't realize how many people would know about it, and some people were outraged when we said it was no big deal." Intel eventually offered to replace the affected chips, which Dracott says cost the company $450 million. To prove that it had learned from its mistake, Intel then started publishing a list of known "errata," or bugs, for all of its chips.
5. Intuit's MacInTax leaks financial secrets: 1995
Intuit's tax software for Windows and Macintosh has suffered a series of bugs, including several that prompted the company to pledge to pay any resulting penalties and interest. The scariest bug was discovered in March 1995: the code included in a MacInTax debug file allowed UNIX users to log in to Intuit's master computer, where all MacInTax returns were stored. From there, the user could modify or delete returns. Intuit later ended up winning BugNet's annual bug-fix award in 1996 by responding to bugs faster than any other major vendor.
4. New Denver airport misses its opening: 1995
The Denver International Airport was intended to be a state-of-the-art airport, with a complex, computerized baggage-handling system and 5,300 miles of fiber-optic cabling. Unfortunately, bugs in the baggage system caused suitcases to be chewed up and drove automated baggage carts into walls. The airport eventually opened 16 months late, $3.2 billion over budget, and with a mainly manual baggage system.
3. Java opens security holes; browsers simply crash: 1996 to 1997
All right, this is not a single bug but a veritable bug collection. We include this entry because the sheer quantity of press coverage about bugs in Sun's Java and the two major browsers has had a profound affect on how the average consumer perceives the Internet. The conglomeration of headlines probably set back the e-commerce industry by five years. Java's problems surfaced in 1996, when research at the University of Washington and Princeton began to uncover a series of security holes in Java that could, theoretically, allow hackers to download personal information from someone's home PC. To date, no one has reported a real case of a hacker exploiting the flaw, but knowing that the possibility existed prompted several companies to instruct employees to disable Java in their browsers. Meanwhile, Netscape and Microsoft began battling in earnest in the much-publicized browser wars. That competition inspired both companies to accelerate the schedules for their 4.0 releases, and the result has been a swarm of bugs, ranging from JavaScript flaws in Netscape's Communicator to a reboot bug in Microsoft's Internet Explorer. Communicator is now in Version 4.04 for Windows 95 and Windows NT, six months after its first release. Internet Explorer 4.01, the first of presumably many bug-fix versions, arrived in December, two months after the initial release of IE 4.0.
2. Deregulation of California utilities has to wait: 1998
Two new electrical power agencies charged with deregulating the California power industry have postponed their plans by at least three months. The delay will let them debug the software that runs the new power grid. Consumers and businesses were supposed to be able to choose from some 200 power suppliers as of January 1, 1998, but time ran out for properly testing the communications system that links the two new agencies with the power companies. The project was postponed after a seven-day simulation of the new system revealed serious problems. The delay may cost as much as $90 million--much of which may eventually be footed by ratepayers, and which may cause some of the new power suppliers to go into debt or out of business before they even start.
1. The millennium bug: 2000
For a long time, programmers have saved memory space by leaving only two numeric fields for the year instead of four: 87 instead of 1987, for example. When clocks strike midnight on January 1, 2000, this programming shorthand will make millions of computers worldwide think it's 1900, if their software isn't fixed before then. The so-called year 2000 (Y2K) bug has given birth to a cottage industry of consultants and programming tools dedicated to making sure the modern world doesn't come to a screeching halt on the first day of the next century. Some say that the bug will cause airplanes to fall from the sky, ATMs to shut down, and Social Security checks to bounce. At the very least, the bug is a huge and expensive logistical problem, although most vital organizations now say they will have fixed the critical portions of their systems in time.
Finally, it all turned into a damp squid. There was no "calamities" reported as the clock ticked past midnight on the 31st of Dec, 1999
Saturday, October 2, 2010
Inspiring Stories
In 1962, four nervous young musicians played their first record Audition for the executives of the Decca Recording Company. The executives were not impressed. While turning down this group of musicians, one executive said,"We don't like their sound. Groups of guitars are on the way out." The group was called The Beatles.
In 1944, Emmeline Snively, director of the Blue Book Modelling Agency, told modelling hopeful Norma Jean Baker, "You'd better learn secretarial work or else get married." She went on and became Marilyn Monroe.
In 1954, Jimmy Denny, manager of the Grand Ole Opry, fired a singer after one performance. He told him, "You ain't goin' nowhere....son. You ought to go back to drivin' a truck." He went on to become the most popular singer in America named Elvis Presley.
When Alexander Graham Bell invented the telephone in 1876, it did not Ring off the hook with calls from potential backers. After making a demonstration call, President Rutherford Hayes said, "that's an amazing invention, but who would ever want to use one of them?"
When Thomas Edison invented the light bulb, he tried over 2000 Experiments before he got it to work. A young reporter asked him how it felt to fail so many times. He said, "I never failed once. I invented the light bulb. It just happened to be a 2000-step process."
In the 1940s, another young inventor named Chester Carlson took his idea to 20 corporations, including some of the biggest in the country. They all turned him down. In 1947 - after seven long years of rejections, he finally got a tiny company in Rochester, New York, the Haloid company, to purchase the rights to his invention an electrostatic paper-copying process. Haloid became Xerox Corporation we know today.
Wilma Rudolph was the 20th of 22 children. She was born prematurely and her survival was doubtful. When she was 4 years old, she contacted double pneumonia and scarlet fever, which left her with a paralysed left leg. At age 9, she removed the metal leg brace she had been dependent on and began to walk without it. By 13 she had developed a rythmic walk, which doctors said was a miracle. That same year she decided to become a runner. She entered a race and came in last. For the next few years every race she entered, she came in last. Everyone told her to quit, but she kept on running. One day she actually won a race. And then another. From then on she won every race she entered. Eventually this little girl, who was told she would never walk again, went on to win three Olympic gold medals and was declared the fastest woman in the world in 1960.
The above stories are inspiring and should make you introspect, experiment, try out many things and find out what you really like and enjoy doing. Experiment still further and that will take you on the road to excellence in whatever you enjoy doing. That becomes your identity and your character which only develops from your own persistence, through experience of trial and sometimes suffering, the character is strengthened, vision is cleared, ambition is inspired and success is achieved. Learn to look at fear and failure in the face and accept challenges to attempt to do the things that seems insurmountable.
A winner is not one who never fails, but one who never quits!
In 1944, Emmeline Snively, director of the Blue Book Modelling Agency, told modelling hopeful Norma Jean Baker, "You'd better learn secretarial work or else get married." She went on and became Marilyn Monroe.
In 1954, Jimmy Denny, manager of the Grand Ole Opry, fired a singer after one performance. He told him, "You ain't goin' nowhere....son. You ought to go back to drivin' a truck." He went on to become the most popular singer in America named Elvis Presley.
When Alexander Graham Bell invented the telephone in 1876, it did not Ring off the hook with calls from potential backers. After making a demonstration call, President Rutherford Hayes said, "that's an amazing invention, but who would ever want to use one of them?"
When Thomas Edison invented the light bulb, he tried over 2000 Experiments before he got it to work. A young reporter asked him how it felt to fail so many times. He said, "I never failed once. I invented the light bulb. It just happened to be a 2000-step process."
In the 1940s, another young inventor named Chester Carlson took his idea to 20 corporations, including some of the biggest in the country. They all turned him down. In 1947 - after seven long years of rejections, he finally got a tiny company in Rochester, New York, the Haloid company, to purchase the rights to his invention an electrostatic paper-copying process. Haloid became Xerox Corporation we know today.
Wilma Rudolph was the 20th of 22 children. She was born prematurely and her survival was doubtful. When she was 4 years old, she contacted double pneumonia and scarlet fever, which left her with a paralysed left leg. At age 9, she removed the metal leg brace she had been dependent on and began to walk without it. By 13 she had developed a rythmic walk, which doctors said was a miracle. That same year she decided to become a runner. She entered a race and came in last. For the next few years every race she entered, she came in last. Everyone told her to quit, but she kept on running. One day she actually won a race. And then another. From then on she won every race she entered. Eventually this little girl, who was told she would never walk again, went on to win three Olympic gold medals and was declared the fastest woman in the world in 1960.
The above stories are inspiring and should make you introspect, experiment, try out many things and find out what you really like and enjoy doing. Experiment still further and that will take you on the road to excellence in whatever you enjoy doing. That becomes your identity and your character which only develops from your own persistence, through experience of trial and sometimes suffering, the character is strengthened, vision is cleared, ambition is inspired and success is achieved. Learn to look at fear and failure in the face and accept challenges to attempt to do the things that seems insurmountable.
A winner is not one who never fails, but one who never quits!
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