Education considered knowledge as vital element for the growth

Education
plays a critical role in good living and growth of everyone’s life. If every
citizen of the country is well educated then the future of the country is
bright. Excellent education system helps in upgrading the country and takes it
to the peak of success. In simple words, education is vital in every area to
get success in the life. Education is the base for good economic system and for
a better citizenship.

Ensuring
proper basis in Indian Education System has been a headline for planning
commission committee. In last few decades, there have been various steps taken
by the government like ” The Right to compulsory primary education act in 2009″,
“Reservation Act”, and many more. The education system of India is right now is
under renovation. The government aims in increasing the
gross enrolment ratio from 15% to nearly double 30% at the end of 2020.

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The Indian
Educational System has enormous potential for growth. Indians have always considered
knowledge as vital element for the growth and development of society. FDI will
rejuvenate the Indian Educational System through forming an alliance with
existing institutions and generation of funds for innovative programs. The
Indian Education System gets a very small portion of the total national
resources. FDI will solve problems related to scarcity of funds. It would help in setting up the institutes with high
level of infrastructure in India and will improve the state of primary,
secondary and higher secondary schools in India.
Foreign Professors stocked with high practical knowledge can be allotted to
share their quality experience with Indian students. As a result the education
system could work towards coming at par with education provided in foreign
institutes.

 Till
date several Indians enrolled in schools and universities do not have access to
basic facilities such as sports grounds and libraries. Lack of space and
resources have contributed to the gloomy state of Indian Educational Sector.
Broken benches and lack of blackboards are some of the problems which are being
faced in many Indian educational institutions. FDI can have a huge impact on
the future of the Indian educational system.  Private and public funders
have their own constraints. Private funding tends to be concentrated in urban
areas and lucrative fields such as management. Public funds are limited which
makes it difficult for state and central governments to maintain the vast
number of Indian educational institutions. Major concern for India is the
decrease in number of people returning to the native country for education.
Migration of people has become a threat and to overcome this problem and arrest
the flow of funds to the foreign countries it is feasible for the government to
permit foreign universities to set up their campuses in India.

FDI in
education sector will increase the number of institutions and ensure greater
availability of opportunities to students. It will provide greater
opportunities for efficient and effective utilization of improved
infrastructure. This will further lead to competition which will help in
improving the quality, innovative curriculum development and subject expertise.
The access to latest technology and infrastructure will improve the growth in
the research and development.

With FDI
in Indian Education Sector it will initiate the opportunities to have access to
many educational institutes of international standards in India. This will
benefit the youth as every year a lot of students used to migrate to abroad to
pursue higher education. With the educational institutes having international
standards in India, it will reduce the number of students migrating for pursuing
Education. Getting educated in home country will be better for students
emotionally and financially as a lot of students considers for loan as an
option to pursue higher education in abroad.