Currently, for-profit corporations are disallowed from running schools and universities in India. This was done in order to ensure that education isn’t for maximising profit but for advancing societal good. Yet, many believe that for-profit schools can improve quality. But have they worked in other countries?
Posts tagged as “economy”
India has the largest percentage of undernourished people in South Asia and is also one of the most undernourished countries in the world. Schemes aimed at nourishment, such as the Food Security Act, have not fulfilled their purpose yet. This is because they are implemented in disconnected silos.
In the absence of any spending by industry or consumers, the government wants to say that it is now spending in their place. But many spending allocations in the budget seem opaque when analysed by sector. This year too, there was some smart wordplay and marketing wizardry at play.
A key driver of unemployment is the chasm between industry and educational institutions. The method of teaching and examination employed across universities in India remains largely primitive and bookish, failing to fulfil the current needs of the industry.