Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities

Expectations of the education industry from the New Modi Government

The current education surveys paint a dismal picture of the manner in which we are preparing our future citizens

By Content Writer
Expectations of the education industry from the New Modi Government

Education is the sector, which gives the Highest ROI for a country. The current education surveys paint a dismal picture of the manner in which we are preparing our future citizens. However, with every new government- there comes new hope and therefore we hope that the new government will look at reforms in education which will power the country into the 21st century.

Here are the four expectations from the new Modi Government in the education sector:

- Create Competition: Currently, it has been noticed that many schools tend to fleece the parents by putting unnecessary demands and hikes in fees and parents have no choice but to comply. Naturally, the complaints combined with populism results in legislation such as fee control – which hurt everyone –the schools, the teachers (who get pay cuts) and eventually the students as innovations come to a halt as the focus of the school is purely on cost control. Instead of trying to “curb” the schools the government should create an environment to increase the supply of school so that parents have a choice and the resulting competition will push up quality. In such a scenario – to attract the best of capital and minds to the sector; the government could also permit education models, which allow a return on capital models in education without any scope for profiteering.

- Better PPP Participation: The task of educating the millions of the country cannot be done by the private or government sector alone. There is a trust deficit between the government and the private sector, which needs to be bridged. If the two can join hands with their respective strengths - the country can become the knowledge hub of the world. The Government tends to announce "well-meaning" schemes in education but is poor in implementation. Therefore it needs to Involve the private sector in the implementation of schemes at the local level with clear outcome parameters defined. Else there is a danger that automation will take over the majority of jobs which our 19th century designed education systems are designed to create.

- Encourage Education Startups: The current education system is broken- how can something, which was designed to produce workers and conformists for the assembly line work for the disruptive times of today? The solutions are not going to come from the current institutions or the government but through Education Startups especially Edtech. However, the school and college acceptance of new products and services is slow. The government should give income Tax and GST exemptions, SEZ type facilities for such solutions providers which are involved in up-skilling, giving services to schools as the cost of the tax is passed on to the students. Furthermore, such Tax exemptions will enable them to stay afloat for longer periods.

- Start the Voucher System: The Government should also experiment with the voucher system under which the government gives a "prepaid" voucher, which the parents can "spend" at any government or private institution. In this model, the private and government sector would have to compete on quality to attract all segments of the population as opposed to the current system wherein the "haves" tend to go o the private school and the "have nots" (which are a majority) tend to join the government sector. This healthy flow of vouchers in the hands of the majority will attract the best of talents can capital to this much-needed sector and those who cannot compete will fail to survive. The customer will be truly king as he will have "choice"

India is a unique country – we have populations living in sub-Saharan conditions and need the education to break the poverty cycle we have people who aspire to compete with the best in the world. Our challenges are unique and our solution to these challenges will be unique. Looking at Singapore, UK, Finland and imposing their “best practices” will not work. India has to look inwards and take the lead in education reform and I am positive that with the right intent- we shall find solutions to our challenges. With the new government – a new start we have to make a difference. The World is waiting for India.

 

This Article Is Written By Amol Arora, Vice Chairman & Managing Director - Shemford Group of Futuristic Schools

Comment
image
image
mobile
address
star franchise india
Related opportunities
  • Others Food Service
    About Us: Mighty Bites , a place where fried fun resides,..
    Locations looking for expansion Karnataka
    Establishment year 2011
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Others Food Service
    About Us: Happy Moments was founded in 2016. The partners of..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kandivali west Maharashtra
  • Laundry & Dry Cleaning
    About Us: Stadhawk Laundry is one of the Fastest Growing Launderette..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: Join hands with Podar Jumbo Kids today and attain high..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2000
    Investment size Rs. 10lac - 20lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
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