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India has a relatively advanced education system in the region. India has a literacy rate of 74 percent which is better than Pakistan's 57 percent but significantly less thanSri Lanka's literacy rate of 92 percent. 'They have lost all future grants, their tax exemptions are at risk,' Ackman said on a panel at the Milken Institute Global Conference where 5,000 financiers, educators and scientists gather to discuss critical issues of the day. In India education is provided both through public and ...