While India can boast of having the third largest higher education system in the world, but the reality is that India is facing a severe shortage of skilled human resources. The reason for such a contrasting situation is the extremely low quality of primary, secondary, and college-level education in India. A possible way-out from this situation is privatization of the education system, which is predominantly public at present. Privatization of education has the potential to improve the quality of education as well as to reduce the cost. However, to ensure access to education for all, the government must design an effective transfer-payment system.
Although India’s national literacy rate currently exceeds 75%, a study by Pratham, a voluntary organization, finds that only 53.4% children in Standard V can read a Standard II level text, and that nationally there has been a decline in the children's ability to do basic math! Another study by NASSCOM finds that 75% of technical graduates and more than 85% of general graduates are unemployable! The problem with the present Indian education system is that it is delivering a huge quantity of output, in the name of educated populace, with poor quality. [SPAMLINK REMOVED]
Privatization Of Education In India
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