Education is fundamental to human progress. It plays a prominent role in all-around development of individual as well as society. A large number of books have been written on the importance of education. Education plays a key role in creating patriotic, disciplined and productive manpower.
Educated manpower constitutes precious assets as well as agents for advancing the nation. Education means the fostering of personality through the unhampered development of innate qualities of a human being. It aims at integrated development of personality.
In principle, education to the citizen is the responsibility of the State since India is a welfare State. It is an integral part of the social sector of the economy. It adds to the efficiency and productivity of human resources leading to sustainable economic growth. Its direct and indirect effects can be observed on the performance of economic sector and social sector of the country. The role of State is important in education sector for its vertical and horizontal growth.
Education system in India is similar to that of various other South Asian countries. It consists of three major components- general education, vocational and technical, which till liberalisation of economy were public domain, i.e. they were State’s responsibility class grading divided education system from Primary level to Master level into 17 years. Institutional set-up such as university is called the basic infrastructure which is determinant of educational development.
Since the liberalisation of economy, the education sector has been opened up for the private sector and for the joint venture investment. Before 1990 when education sector was State-led which was thought good but the limited resources’ allocation to education had limited its growth projects.
This contributed to the emergence of the free educational market keeping the consumers at the centre with choices of quality, quantity and other parameters. However, pattern of...
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