Download Transforming Education

Social Infrastructure of INDIA
- EDUCATION
Business Model for
Indian Citizens & NRI’s to participate
PAN - IIT meet
24th & 25th of December, 2004. New Delhi, India.
Chief Guest – His Excellency, President of India
A. P. J. Abdul Kalam
i Watch
www.wakeupcall.org
By Krishan Khanna, Chairman & Founder of
Dr.
Transforming Education
………….…..The Challenge 1
• 600 million are NOT literate (based on the 3R’s)
• 300 million unemployed/employable age, 18 to 50 (our estimate)
• 46 million registered with employment offices (GOI)
• 29 million born every year (GOI)
• 742 million or 71% below the age of 35 years (GOI)
• 290 million below poverty line @ Rs. 10/day (GOI)
• 490 million below poverty line @ US$ 1/day (WB) (our estimate)
• 700 million below poverty line @ US$ 2/day (WB) (our estimate)
• Per capita US$ 525 per person per year, US$1.44/day (GOI)
Transforming Education
……………...The Challenge 2
• Drop-out rate kindergarten to 10+2, is 94%
• 6% go for Higher & Technical education in 15,000 colleges
• 70% of all graduates are Arts Graduates
• 30% in Engineering, Medical, I.T., Software, Management,
Commerce, Science, Law & special subjects
• About 3% of the Youth receive Relevant Education
• Balance 97% - how to address their aspirations?
Transforming Education
………….…..The Challenge 3
• Rs. 78,000 cr. or US$18 billion/yr spent on education
• 10% by Central Govt. and 90% by State Governments.
• 4% of GDP spent on education – not enough – more required
• 9% of GDP or additional US$25 billion required per year
• Educational Cess may mobilize additional US$1.5 billion / yr
• Central & State Govts. are in deficit by 11% of GDP
• Private participation from citizens & NRI’s is a solution
• Relevant & World Class Education in Primary, Secondary,
Vocational, Higher & Technical required
Transforming Education
………Role of Government 1
• Facilitator and not a Controller
• Like in Business & Industry remove License Raj
• All subsidies from higher education to be diverted to primary
& secondary education
• Allow education to be recognized as an Enterprise
• Allow tax breaks in investment in Education till 2025
• Recognize that education business is US$ 2500 billion per
year. And is 5 times bigger than I.T. and software which is
US$ 530 billion per year
Transforming Education
………Role of Government 2
• Only 1% of new jobs go to Government, 2% to private ‘organized’ sector
and 97% to ‘unorganized’ sector
• Relevance of Vocational Education & Training, where 95% of the
population is given an opportunity to learn skills / trades / competence in
3000 areas. This is missing in INDIA!
• Can get engineers, but not international quality plumbers, masons, etc
• Education & Training is a big employment generator
• Capitation Fees will be resolved by decontrol & deregulation
• Fee Structure for 15,000 colleges cannot be decided by a group of
Supreme Court Judges, but only by free & competitive market forces
Transforming Education
…….…..Actions to be taken
• Promote 100% literacy
• Decontrol & deregulate education as was Industry in 1991
• Allow private participation in education with minimum of 25% free
education for the SC/ST and Below Poverty Line population
• 100% Enterprise Skills Education in schools, Class 9th to 12th
• 95% of population for Vocational Education & Training
• Link-up Industry-Enterprise-Learning-Research – on a dynamic basis
• Make India as the world’s best and largest ‘Educational Hub’. Primary to
Higher & Technical Education
• World Class Education will propel INDIA as a SUPERPOWER
Thank You
[email protected]
www.wakeupcall.org