Maharashtra Current Affairs

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Madhav Chavan wins WISE Prize ‘The Nobel Prize for education’

imageDr Madhav Chavan has won the WISE Prize.

  • The WISE Prize is considered to be the "Nobel prize for Education".
  • Prize of $500,000 (£314,000)
  • In recognition for his education work in the slums of Mumbai. His efforts to provide lessons in literacy and numeracy for disadvantaged children and adults in India.

About Dr. Madhav Chavan and his NGO “PRATHAM”

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Gujarat tops in private sector investments across India

As per an analysis titled ‘Composition of Outstanding Investments Across States,’ carried out by Assocham, Gujarat has the biggest share of 12.5% in total outstanding private sector investments ((including both domestic and foreign private sectors) across India as of June 2012. As per the analysis top 4 states are:

  1. Gujarat (12.5%)
  2. Odisha (10.7%)
  3. Maharashtra (8.9%)
  4. Andhra Pradesh (8%)

With a share of over Rs 82.9 lakh crore, the private sector accounts for over 59% of the total outstanding investments across India worth over Rs 140 lakh crore as of June 2012.
Kerala, Himachal Pradesh, Jammu and Kashmir, Uttarakhand and Assam have the smallest share of less than 1%.

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