The India education space is probably one of the largest markets in Asia with a population of over 1.13 bn. With the government planning to spend around 5% of GDP in the next 5 years on education, the market could be any where worth $ 50-55 bn.
Per household, spending on education is roughly 9% which is next only to grocery. So India, having a focus towards families and children is a market hugely conducive to growth in the education sector.
Public private partnership is widely believed to be the way ahead if the huge demand for education institutions has to be fulfilled.With this there would be a proportionate demand for teachers. So a large scale and consistent teacher training would also be the need of the hour. I think there is a need to revamp the BEd degree in India and also to make the teaching career glamorous.
India Education services being taken forward by Mr. Kapil Sibal seems to be a step in the right direction. Looking forward to hearing more on this front....
Tuesday, December 22, 2009
Friday, December 18, 2009
wish I had written this....
I have been questioning the current Indian education system for many years...from little things like learning to read and write letters of the alphabet to the applicability of the various subjects of study in high school and then relevance of our college education...
Unbelievably, I read an article which summed up everything that I had been thinking in bits and pieces. Do read Sudhakar Ram's article (http://economictimes.indiatimes.com/Opinion/Comments-Analysis/Reinventing-education/articleshow/5345874.cms?curpg=1) in the Economic Times. It sums up our education system as comprehensively as possible and also beautifully provides solutions. Must read for any educator and parent in India.
One of those write ups which makes me think....'wish I had written it'.
Unbelievably, I read an article which summed up everything that I had been thinking in bits and pieces. Do read Sudhakar Ram's article (http://economictimes.indiatimes.com/Opinion/Comments-Analysis/Reinventing-education/articleshow/5345874.cms?curpg=1) in the Economic Times. It sums up our education system as comprehensively as possible and also beautifully provides solutions. Must read for any educator and parent in India.
One of those write ups which makes me think....'wish I had written it'.
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