Policy and Performance of Indian Education
POLICY AND PERFORMANCE of INDIAN EDUCATION
Abstract The Indian Education Industry - ‘E’mpowering Lives
In terms of demographic profile, India remains one of the youngest nations in the world with 38.2% of its population in the 0-5 year age bracket. This translates into the Indian Education system being one of the largest educational systems globally with a network of more than 1.2 mn schools and around 31,000 Higher education institutes. Education, being one of the important determinants of human welfare of any nation, the GoI has accorded priority for the promotion of education especially primary & secondary education in India. Correspondingly, the government’s spend on education as a percentage of GDP stood at 3% while accounting for 11.3% as a proportion of all public expenditure. However, the GoI is faced with several hurdles in terms of penetration across all education segments viz: Pre- school, K-12, Higher education etc as well as reaching out to the students in tier-III cities and rural areas. The GoI has therefore emphasised on Public Private Partnership (PPP) in education so as to augment the literacy rate from 74% as per the Census 2011.
The educational segments i.e. Pre-school, K-12, Information & Technology (ICT) in schools and Higher education form the important constituents of the Indian education. Of the same, the Pre- school market in India still remains largely unorganised and under-penetrated. However, the ease of setting-up of pre-schools as well as the growing acceptability of pre-school concept in India augurs well for the industry. The K-12 institutes in India largely remain governed by the GoI accounting for 80.2% of the total 13.5 lakh schools in India. Of late, with greater interest evinced by the private corporates/ trusts / educational societies etc, the share of private institutions in the K-12 space has grown from 18.9% in FY07 to 19.8% during FY11. The scope of ICT in schools has also gained prominence in recent times through
Abstract The Indian Education Industry - ‘E’mpowering Lives
In terms of demographic profile, India remains one of the youngest nations in the world with 38.2% of its population in the 0-5 year age bracket. This translates into the Indian Education system being one of the largest educational systems globally with a network of more than 1.2 mn schools and around 31,000 Higher education institutes. Education, being one of the important determinants of human welfare of any nation, the GoI has accorded priority for the promotion of education especially primary & secondary education in India. Correspondingly, the government’s spend on education as a percentage of GDP stood at 3% while accounting for 11.3% as a proportion of all public expenditure. However, the GoI is faced with several hurdles in terms of penetration across all education segments viz: Pre- school, K-12, Higher education etc as well as reaching out to the students in tier-III cities and rural areas. The GoI has therefore emphasised on Public Private Partnership (PPP) in education so as to augment the literacy rate from 74% as per the Census 2011.
The educational segments i.e. Pre-school, K-12, Information & Technology (ICT) in schools and Higher education form the important constituents of the Indian education. Of the same, the Pre- school market in India still remains largely unorganised and under-penetrated. However, the ease of setting-up of pre-schools as well as the growing acceptability of pre-school concept in India augurs well for the industry. The K-12 institutes in India largely remain governed by the GoI accounting for 80.2% of the total 13.5 lakh schools in India. Of late, with greater interest evinced by the private corporates/ trusts / educational societies etc, the share of private institutions in the K-12 space has grown from 18.9% in FY07 to 19.8% during FY11. The scope of ICT in schools has also gained prominence in recent times through