Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

RHETORIC OR REALITY: FOCUS ON PER CAPITA

Mint Mumbai

|

February 16, 2024

There was a time, I feel sure, when India had nobody who played cricket.

- DILIP D'SOUZA

That was before England brought cricket to India and sparked the craze for the game we now see here. But in those early days when nobody played cricket in India, there were already plenty of people who played it in England. But at some point, after Indians got hooked to the game, certainly our count of cricket players equalled and then overtook England's.

Did we celebrate that moment? Don't worry, it's a rhetorical question.

You and I own companies that both make handmade shoes. Yours is several years older than mine. So when mine started operations, naturally yours was producing far more shoes than mine. But my company is much larger it has recruited 10 times the number of shoemakers that you employ. Inexorably, then, my company catches up to and overtakes the output of yours.

Is either company surprised when that happens? Rhetorical question again.

One final situation for your contemplation. The Agarwal family has mother, father, and two kids, all with large appetites and no interest in exercise. Thus, all four cut rather portly figures. Collectively, they weigh 400 kg (bear with me, this is a thought experiment). Their neighbours, the Manchandas, are far more health conscious-they eat wisely, play football regularly and are all slim and athletic people. They are a larger family than the Agarwals: mother, father and six kids (bear with me again).

In each case, a better comparison might be with "per capita" numbers.

Divide the families' respective weight totals by their count. You find that individually, the Agarwals comfortably outweigh the Manchandas, 100kg to 50kg. So much for a milestone. I don't know how many cricketers England and India, respectively, have-except that India must have many more. But even if India has nearly 20 times as many people, I suspect India's per capita cricketer count is about the same as England's; certainly not 20 times greater.

MORE STORIES FROM Mint Mumbai

Mint Mumbai

Nelco crosses first step to satcom reselling licence

Tata Group-owned Nelco Ltd has received the government's preliminary approval to resell satellite internet services to consumers by partnering with companies such as Elon Musk’s Starlink, OneWeb, Amazon's Kuiper and Jio Satellite, according to three people in the know.

time to read

3 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

WHAT A YEAR AT COLUMBIA TAUGHT ME

An Indian journalist at Columbia University navigated a tumultuous year, learning unusual life lessons

time to read

8 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Festive demand, tax cut power up auto sales in Sep

Powered by tax cuts and festive spirits, automobile sales took off in September, cheering manufacturers across the board.

time to read

3 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Central bank seen keeping its options open on Tata Sons IPO

A day after the Reserve Bank of India's deadline for the Tata Group to list its holding company, Tata Sons, passed, the central bank appears to be still weighing its decision, with governor Sanjay Malhotra's comment leaving the matter open to interpretation.

time to read

2 mins

October 02, 2025

Mint Mumbai

US trade pact close, comprehensive deal to sidestep patents

As India and the US inch closer to the timeline to finalize a trade deal, both sides are moving towards signing a comprehensive Bilateral Trade Agreement (BTA) that will cover nearly every aspect of commerce, from tariff reduction and easing of non-tariff barriers to expanded access in services and energy cooperation.

time to read

2 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

RBI unveils plans to bolster credit flow to corporates, capital market

Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding

time to read

2 mins

October 02, 2025

Mint Mumbai

Cough syrup kills 6 children in MP; govt begins probe

Early reports suggest the syrups may have been tainted with diethylene glycol, a toxic chemical

time to read

1 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Prez Trump's proposed changes to visa rules assailed by chip industry

The F-1 student visa serves as a critical pipeline to the tech workforce

time to read

4 mins

October 02, 2025

Mint Mumbai

Mint Mumbai

Top firms tick boxes, but lag on diversity, independence

India's top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.

time to read

2 mins

October 02, 2025

Mint Mumbai

RBI rate actions are signals that markets need not always heed

Contrary to widespread belief, monetary transmission is both slower and far-from-linear, globally

time to read

3 mins

October 02, 2025

Listen

Translate

Share

-
+

Change font size