Anish Ghosh

speaker

16 appearances 1 recordings 1 series first heard Jan 2013 last heard Jan 2013

Anish Ghosh’s voice in public audio — every appearance, attributed to the second.

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More or Less · WS MoreOrLess: Indian Farmer Suicides · 21 Jan 2013 podcast

A lakh is 100,000 of anything.

So once you've got 100,000, say, rupees or 100,000 geese or 100,000 people, you have a lakh.

So human beings like to count in multiples of units.

So if you want to talk of, say, 500,000 of something, then in India you would naturally say 5 lakhs.

Certainly, it can cause confusion.

And one of the ways it is if you see it written down as a number.

So essentially, since it's 100,000, emphasize the fact that it's one of something.

It's one lakh.

You start with a one.

You then have a comma, two more zeros, a comma and three more zeros.

So you've got exactly the same number of zeros as in the West, but you've got two commas.

That's right.

So a crore is a hundred lakhs.

So you start with a one and then there'll be a comma and two zeros and a comma, two more zeros and a comma and three zeros.

So for instance, the Indian version of who wants to be a millionaire has a crore as the price, not a million.

So the million somehow never entered the system because you've got a unit which is a lakh and then the next step up is a hundred of those lakhs.

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