EduEconomy – How Education is a lot More than Just Providing Knowledge

Since a long time, the avenues of the education sector have broadened it and have made education into a strong pillar of the economy. Read on...

By Features Writer
EduEconomy – How Education is a lot More than Just Providing Knowledge

The social, cultural, political and economical structure of a nation is defined by the citizens of the country. This is why human resource plays immense role in the economy. Therefore, so much stress is given on the literacy of the citizens of any country. Like any other sector of economy, the education sector plays an important part in the overall growth of an economy.

As important as it is, the education sector is a recession-proof industry and hence can be flourished into an important area of investment. Since a long time, the avenues of the education sector have broadened itself and have made education into a strong pillar of the economy.

Education as an Investment

Economics has always given equal importance to a form of capital other than physical capital, which is the human capital. With investment in human capital in the form of education, the three major effects can be expected: increased expenses, increased productivity, and increased return on investment. Increased expense on education is as normal as any kind of investment done on any other business. While increased productivity can help human capital in bringing more output in the industry, the return on investment can be measured in the form of higher incomes.

In conversation with Franchise India, Dr Anil Sahasrabudhe, Chairman, AICTE, talks about the ever evolving edueconomy of India. Sahasrabudhe says, “Education is basically creating confident human beings and in the process they also contribute towards society, to economy, to political structure, anything for that matter. Today, everyone talks about employability of graduates and the jobs being available or not. Therefore today education has also gained significance in terms of creating good quality employable graduates who are useful for industry.”

Franchising Giving Boost to EduEconomy

Human capital is a significant contributor in the economic growth of a country. The relationship can be measured by how much is invested into the education of the citizens. The traditional K-12 schools can never be replaced by any new educational platform, but starting a new school has always been difficult for those who wish to start their own venture in the education industry.

The concept of franchising has made a lot of difference in the approach. Franchising has made the market more flexible for new edupreneurs; this has given the EduEconomy a rigorous push towards success. Franchising also comes up with a financial relief to the franchisee as many of the franchisors provide financial backing to new franchisees. Franchising helps the edupreneurs to fulfill their aspirations and to do greater things in educational field. Therefore, in the near future, franchising is likely to dominate over new startups in education.

As the franchise is associated with a big institution, it is not so difficult to find highly qualified teachers too; rather they would willingly apply for your vacancies! That’s the power of franchising in edueconomy.

 

 

 

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Pest Control
    ·         Pestlogic India specializes in pest control..
    Locations looking for expansion Haryana
    Establishment year 2008
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • About Us: Gem Selections is a trusted & reliable provider of..
    Locations looking for expansion Delhi
    Establishment year 1987
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 80
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi Delhi
  • E-Commerce & Related
    About Us: Aeora Rocks has made a name for itself in..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 2lac - 5lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Borivali west Maharashtra
  • Kids & Children Clothing
    Funky Collections is your one-stop shop for all football, biking..
    Locations looking for expansion Haryana
    Establishment year 1990
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads