Investigating some post modern accounting figures...
On the 14th of July, 2015, the first thing in the morning, I found myself staring at a Times of India report that stated that The Government of India spends Rs. 12,00,000 per student per year at the Film and TV Institute of India or The FTII. I assume that the figure relates to the year 2011, as the report also mentions that the recovery from the students, as academic fees, is about 11% for the year 2011. There were 350 students... so 350 into 12,00,000 is equal to... wait let me check with the calculator.. is equal to.. 42 and seven zeros... is it eight... no, seven... 42 and seven zeros which is Rs 42,00,00,000. In words, forty two crores for the Film Institute, I presume, for the year 2011. It is more than what the Government spends on students of Engineering, Management and Medicine, screamed the news item. Is it? One part of me felt elated as it boosts ones ego to know that at some point of time in your life, your worth was more than that of other wannabe pr...