“Kaam Karega India toh Badega India” seems to be underlying objective of the apprenticeship schemes and internships in local urban bodies. The internship and apprenticeship model is surely going to enhance the much needed employability of the graduating work force.
The use of District Hospitals for the development of medical schools in the PPP model will address the scarcity of Doctors and dilute the stronghold of the existing private medical colleges and in turn reduce the outflow of foreign exchange to medical schools established in our neighboring countries. Permitting established hospitals to offer PG courses will rationalize the Tuition fee being charged for such courses by medical schools. These should make India healthier.
The external commercial borrowings and foreign direct investment should also augment the funding required by the starved education sector. Rs 99300 crore is not enough to bring in the change but the same can be compensated by FDI and ECB provided the policy to draw on such funding is provided to all in a fair and transparent manner.
Permitting under 100 NIRF ranked institutions to offer online course can significantly dilute the present pressure on the GER and also help many to re skill on the go.
Study in India can be given immense boost through ECB and FDI. More Asian and African students in India will surely boost the image of India as an international destination for education and has the potential of making Educational services as one of the prime drivers of the service economy.
Boost to start ups will enhance employment opportunities and also build aspirations in the youth of our country. This should create more inspiring stories such as Flipkart, Ola and Paytm. There by raising the hope amongst the youth to attain unimaginable success in their lifetime by pursuing education.
The tax reduction will help the middle class in investing more in re-skilling and education.
All this coupled with the due National Education Policy can multiply the demographics dividend 10X for our country.
Serial Entrepreneur turned Edupreneur. Founder Dataline and Research Technologies Ltd. (later restructured and was known as Asian CERC Technology Limited) which was the first in the country to pioneer the concept of online access to financial information and was also registered as the first market data provider in the country. The company was also the first to introduce a nationwide online service viz. India Online even before the Internet was launched in the country by VSNL. The company also partnered with Dow Jones Telerate to establish their online news and ticker delivery platform in the country. Asian CERC was acquired by the Religare group and is the currently called Dion Global Solutions Ltd.
Currently founder IFIM Business School and Private State University and an International School.