Statistics On Sectoral Concentration: Fill & Download for Free

Makarand Sahasrabuddhe brought some good points. One thing I will disagree is that discrimination is a big factor (stats of Pakistan, Maldives and Bangladesh are examples of the contrary). Discrimination sure could be a problem, but there are plenty of organic factors that are bigger.Geographic disparities: Muslims are more concetrated in India's interior - UP, Telengana, Bihar, MP, where there is overall lower development due to a variety of factors [1]. Muslim concentration in high growth states such as Maharashtra, Goa, Tamil Nadu, Punjab, Haryana, Gujarat and Himachal Pradesh are slightly low, causing the Muslims to be disconnected from the major markets. This means that any national statistic on Muslims is bound to show poorer. Most reports that claim Muslim backwardness don't do a good job in removing the geographic factors. States with the highest Muslim populations. All of these have poor labor markets.Occupational disparities: Muslims have historically chosen occupations in trades such as acting, entepreneurship, music etc that tend to have a very unequal wealth distribution. 57% of Muslims are self-employed (primarily as street vendors, shopkeers, etc) and among the rest a good chunk are concentraded in informal sector [2]. Thus, they are able to both have Shah Rukh Khan (richest actor in India), Azim Premji and a whole bunch of lower level actors living in poverty. Urban Hindus, especially the upper castes, have historically chosen low risk professions such as engineering, management and medicine. Thus, we neither become Shah Rukh Khan or Zakir Hussain nor suffer as a lower level artist.Gender disparities: Indian women have plenty of common issues. However, the worst affected are the muslim women. They have among the lowest labor force participation in the country. When half the community is significantly hampered by both religious & social rules, the development numbers are bound to show poor.Higher fertility rates: In many Indian communities fertility rates (number of kids/woman) has been reducing substantially. This is especially true of urban middle classes. However, fertility rates among Muslims have not reduced significantly and is among the highest in Indian communities [3]. This means the vicious cycle of high birth rates -> poorer education -> high birth rates is quite strong in the Muslim community.Religious Reforms: In 1857, there was not much difference in the development rates of Muslims and Hindus. Both had extremely backward ideas. For instance, evils such as widow burning & untouchability had crept into Hinduism, pushing down women & lower castes. Since then Hindu reformers such as Raja Ram Mohan Roy, Ishwar Chandra Vidyasagar, Dr. Babasaheb Ambedkar and Mahatma Gandhi helped push out many of the bad ideas out of the 19th century Hinduism. This helped a portion of Hindus to move up faster (we have a long way to go in the reforms). By 1947, urban Hindus have already started outpacing many other communities. However, Indian muslims didn't have an equivalent religious reform movement [4].ReferencesWhy are South Indian states relatively more developed than most northern states?Plan for Economic Empowerment of Indian MuslimsGrowing, and neglectedSeminar Report: What ails Indian Muslims

Maybe the UK is not as good at self promotion as other Countries, here is an article from Manufacturing news, articles and insights“How British manufacturing compares to other nationsPosted on 13 Jul 2015 by The ManufacturerDespite what you may have heard, the British manufacturing sector is strong and performing well.In fact, the UK is currently the 11th largest manufacturing nation in the world, with 11% of gross added value (GVA) and 54% of all exports attributable to the industry.That doesn’t mean to say British manufacturing hasn’t declined though. In 2006, Britain was the sixth largest manufacturing nation on Earth, so why have things changed and how are other nations fairing in comparison?Is UK manufacturing really in decline?Back in the 1970s, manufacturing made up 25% of the UK GVA. It’s evident that the UK’s position has weakened over the years, but that doesn’t mean the industry is now performing badly.Overall, the UK’s manufacturing output has increased by 1.4% a year since 1948.Overall, the UK’s manufacturing output has increased by 1.4% a year since 1948, according to a recent report from the Office for National Statistics (ONS).Joe Grice, chief economist at the ONS, says a number of factors have caused this rise, including:A better quality, more skilled workforceShift in production from low to high productivity goodsImprovements in ITIncreased investment in research and developmentA more integrated global economySome 2.6m people are now employed by the manufacturing industry – a figure which is also on the rise. Pay growth within this sector is also on the up, and wages are 13% higher than economy average, according to EEF.One of the UK’s best performing manufacturing industries is aerospace, as the UK ranks second globally in this sector. Britain’s car industry is also doing well; the Society of Motoring Manufacturers (SMMT) claims that 15% of car buyers choose a UK-made vehicle. New car sales rose by 7% during the first six months of 2015 too.SMMT claims that 15% of car buyers choose a UK-made vehicle.If our manufacturing sector is doing so well, why have we slipped down the global rankings over the years?One big factor is the recession (see below). Another is the fact that many of the services once counted as part of the manufacturing industry (cleaning, catering, building services, etc), were allocated to other areas of the economy instead.”McLaren Cars FactoryLess than 10 years since their first road car was produced they are competing with Ferrari, Lamborghini and Porsche and producing incredible cars in this new facilityJCB (J C Bamford)New £50m JCB factory in Staffordshire to create 200 jobsExpress and Star Newspaper,“New cars, engines and £20bn investment over coming years from Jaguar Land RoverBy Simon Penfold | Business | Published:Jun 26, 2018Jaguar Land Rover bosses have unveiled plans to spend around £20 billion over the next five years, launching new cars and increasing the range of engines made at its factory in Wolverhampton.”Boeing’s hi-tech £40m production facility in Sheffield will be a showcase for innovationWhen it comes to advanced manufacturing, Boeing’s new production facility in Sheffield is hard to beat. The plant, which is scheduled to open this year, will create spur gears, shafts and housing for Boeing’s next-generation aircraft, including the 737, 737 MAX and 777 planes.These parts are used in actuation systems on the trailing edge of the wings. They extend and retract to deliver additional lift on take-off and, when landing, to slow the plane during its descent.It is Boeing’s first manufacturing centre in Europe and is part of a wider effort to concentrate manufacturing best practice in-house. The company is keen to access Sheffield’s growing pool of talent and capability.” (from the Daily Telegraph)I get very annoyed by the negative reporting from the UK media about our industries. While accepting that more manufacturing is good, and we have slipped down the table of manufacturing nations we still have a good sound manufacturing base.Unfortunately we also have a media sector that rarely stirs out of London, staffed by people who have never had a proper job and never talked to anyone who gets their hands dirty while working.I feel this can lead to an unbalanced view!This is also made in Britain, at Gaydon in Warwickshire.And this is made in Barrow in Furness, in the North West of England

Hey,A fund in which an investment decision or a stock selection is done according to the predetermined rules based on a statistical or mathematical model. Unlike active funds where a fund manager chooses his investments and the timing of entry and exit, quant funds rely on an automated program to make these decisions.But a quant fund manager may not be entirely hands off like an index fund manager. He often designs and monitors the model that throws up the portfolio choices.DSP’s quant fund is not the first to be launched in India. Reliance Quant fund has been in the market for many years now. Apart from mutual funds, hedge fund managers also use quantitative models.The most important advantage of using a pre-programmed model to select stocks is that it eliminates the human bias and subjectivity that often trip human investors. For instance, among other conditions, the model that DSP Quant Fund follows chooses stocks based on high return on equity and earnings growth consistency and potential. It will eliminate highly leveraged and volatile companies. Using a model also allows consistency in strategy across market conditions.Often, in bearish or volatile markets, active fund managers are forced or tempted to cut positions in certain stocks or shift their investment styles.Since a quant fund follows a somewhat passive strategy, expenses are lower here than active funds. Quant funds can also have built in checks on sector and stock concentration, something which passive funds that mirror the index do not do.The big pluses of quant funds are that you don’t have to worry about the manager quitting, making mistakes or going off the rails on the fund mandate. But elimination of human bias doesn’t automatically guarantee that the fund will be a top performer.Quant funds may be more suited for long-term investors as it may take time for the strategy to play out in full. Hence investors who want to ride on momentum or book profits regularly may need to keep away from it. Finally, though this category is still nascent in India, the track record of existing funds hasn’t been great.Based on the above information you can decide whether to invest or not.