Indian moms rank 3rd in foreign-born babies in US

October 27, 2016

Washington, Oct 27: Indian women rank third after their Mexican and Chinese peers among foreign mothers giving birth to children in the US with Asian immigrants increasingly accounting for a larger share, according to a latest study.

IndianAmong new foreign-born US mothers from the top 10 sending locations, those from India stand out for their low share of births outside marriage (one per cent), high rates of college degree attainment (87 per cent) and high annual family incomes (USD 104,500), the Pew Research Center said yesterday.

At the opposite end of the spectrum, new mothers from Honduras stand out for the high share who are unmarried (66 per cent), lack a high school diploma (51 per cent) and are living in poverty (49 per cent), it said.

"New moms from India stand out on both measures – almost nine-in-ten (87 per cent) have a bachelor's degree, and their annual median incomes top USD 100,000," said the study according to which after rising for decades, the share of US babies born to unmarried women has stabilised in recent years, driven by a sharp decline in births outside of marriage among foreign-born women, and a levelling off among US-born women.

According to the report, as per the latest statistics, in 2014 as many as 901,245 babies were born out of foreign-born mothers. Of these, Mexico accounted for the largest share of 287,052, followed by China (44,829) and India (43,364).

The 287,000 births to Mexican-born women in 2014 outnumbered all births to women from Asia, Europe, North America and Oceania combined.

China and India are the next most common origin countries – babies with mothers from these countries each account for five per cent of births to the foreign born.

It said none of the other countries comes even close to India when it comes to education and financial well off.

"The Indian case is particularly extreme – none of the other top sending countries come close in terms of the share of new moms with a bachelor's degree. Some six-in-ten new mothers from China and about half from the Philippines (52 per cent) have this credential. About a third of new mothers from Vietnam (35 per cent) have a bachelor's degree, while 18 per cent lack a high school diploma," the report said.

In terms of financial well-being, Indian-born new mothers have annual median family income more than twice as high (USD 104,500) as new US-born mothers (USD 51,200).

At the other end of the financial spectrum, just four per cent of Indian-born new mothers are in poverty, compared with 26 per cent of US-born mothers, it added.

New mothers from the Philippines, Vietnam and China are also relatively well-off. Those from the Philippines have annual incomes of about USD 75,000, those from Vietnam have incomes of about USD 70,000, and those from China have incomes of about USD 67,000, the study said.

Poverty rates for new mothers from these countries range from nine per cent to 14 per cent. Further more than nine-in- ten mothers of newborns from the Philippines and India are English-proficient, meaning they speak English "well" or better, it said.

"Just one per cent of new mothers from India are unmarried," the report said, adding that marriage is virtually universal among new mothers from India.

Births outside of marriage are also quite uncommon for new mothers from the other top sending countries in Asia: 11 per cent of new mothers from China are unmarried, as are 18 per cent from Vietnam and 19 per cent from the Philippines. The US average is 42 per cent.

Two-thirds of births to women from Honduras are to unmarried mothers. More than half of births to women from most other Latin American countries also occur outside of marriage, it said.

The exception is among women from Mexico: 47 per cent of births to Mexican immigrants occur outside of marriage, a rate slightly higher than among births to US-born mothers who are unmarried (42 per cent).

Pew said some 23 per cent of new mothers from India are 35 years old or older – far below the shares found among new mothers from the other major Asian sending countries.

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Agencies
February 26,2020

New Delhi, Feb 26: With the government pushing for the disinvestment of Air India, industrial conglomerate Adani Group may emerge as one of the bidders for the debt-laden national carrier, sources said.

According to highly placed sources, the Group has held internal rounds of deliberations on whether or not to submit an Expression of Interest (EoI) and the discussions are still in the preliminary stage.

If the company actually submits an EoI, it would be a major move towards further diversification of the company which has business interests across sectors right from edible oil, food to mining and minerals. 

It also entered into airport operations and maintenance business and won bids for privatisation of six airports, Ahmedabad, Lucknow, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru in 2019. 

On being contacted by IANS, the company did not comment on the matter.

Air India is one of the most important divestment proposals for the current fiscal to reach the huge Rs 2.1 lakh crore target.

The government in January restarted the divestment process of the airline and invited bids for selling 100 per cent of its equity in the state-owned airline, including Air India's 100 per cent shareholding in AI Express Ltd. and 50 per cent in Air India SATS Airport Services Private Ltd.

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, it had offered to sell its 76 per cent stake in the airline.

Of the total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286 crore.

Air India, along with its subsidiary Air India Express, has a total operational fleet of 146 aeroplanes.

Further, the disinvestment department has extended the last date for submission of written queries on the Performance Information Memorandum and Share Purchase Agreement to March 6.

The last date for submission of written queries on PIM and SPA was originally set for February 11, following which the Department of Investment and Public Asset Management (DIPAM) on February 21 issued 20 clarifications on the queries raised and expected.

Any delay in the tentatively rolled out timeline would also delay DIPAM's plan to identify the pre-qualified bidders by March 31 and the financial bids invitation as well. It is expected to take more than two months after the selection of the pre-qualified bidders to complete Air India's sale.

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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Agencies
March 8,2020

Consumer watchdog Which? has claimed that more than one billion Android phones and tablets are vulnerable to hackers as they no longer supported by security updates.

According to the research report, the most at-risk phones are any that run Android 4 or older and those smartphones running Android 7.0 which can not be updated are also at risk.

Based on data from Google analysed by Which?, two in five android device users around the world are no longer receiving the important updates. Currently, those devices are unlikely to have issues, but the lack of security leaves them open to attack.

"It is very concerning that expensive Android devices have such a short shelf life before they lose security support, leaving millions of users at risk of serious consequences if they fall victim to hackers," Kate Bevan editor Which? said in a statement.

"Google and phone manufacturers need to be upfront about security updates with clear information about how long they will last and what customers should do when they run out. The government must also push ahead with planned legislation to ensure manufacturers are far more transparent about security updates for smart devices and their impact on consumers," Kate added.

Android phone released around 2012 or earlier, including popular models like the Samsung Galaxy S3 and Sony Xperia S, are particularly at risk to hackers.

Which? has made suggestions to Android users on what to consider if they have an older phone that may be at risk.

Any Android device which is more than two years old, check whether it can be updated to a newer version of the operating system. If it is on an earlier version than Android 7.0 Nougat, try to update via Settings> System>Advanced System update.

In case a user is not able tto update the phone, the device could be at risk of being hacked if it is running a version of Android 4 or lower.

A user also need to be careful about downloading apps outside the Google Play store and should also install a mobile anti-virus via an app.

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