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Greetings,
Welcome to this edition of news.desk
While the country looks lush green, heaves a sigh of relief at the rain and looks forward at making up of the deficit, we at Develop Schools hope for good rain but avoidance of floods and rain related catastrophe.
As I jot down this note, most schools in the country would have settled down in full swing operations barring a few international institutes, where the new academic session is yet to begin. We understand the school leadership would be making notes on the improvements to be brought about in the next session and in the future.
In this edition we have
- Our chief editor Rita Wilson putting her vast experience to use and leading us with articles of interest.
- We have a financial overview of the industry and the potential it holds.
- Web links on the important happenings in the education industry this fortnight.
- Industry relevant products in our advertisement section.
- You could know more about Develop Schools' services, the itinerary of our associates for you to benefit from during their visit to your locations (not that you cannot setup a stand alone meeting).
- We conclude with unfurling the topic of our next issue for you to contribute. If your entry is selected we will cover your article in our newsletter reaching 10,000+ schools.
- And much more... guest writers, editor's choice, feedback on our earlier issues, leadership / school recognition programmes.
I now invite you to read on while I enjoy the rain and look forward:
- Your feedback on this issue.
- Your suggestions after all we improve when you assist us.
- Feel free to this newsletter to your Trustees / Managing committees / References.
Sincerely,
Melwin Braggs
Business Editor |
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The Indian Education System: Challenges
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- Rita Wilson
Chief Editor
(Ex Chief Executive and Secretary, ICSE)
The Indian education system turns out millions of graduates every year, many skilled in IT and engineering. This manpower advantage underpins India's recent economic advances, but masks deep-seated problems within the education system. While India's demography is generally perceived to give it an edge over other countries' economies (India will have a largely youth population when other countries have ageing populations), if this advantage is restricted to a small, highly educated elite, the domestic political ramifications could be severe.
 With 35% of the population under the age of 15, India's education system faces numerous challenges. Successive governments have pledged to increase spending on education to six per cent of GDP, but actual spending has hovered around four per cent for the last few years. While at the top end, India's business schools, Indian Institutes of Technology (IITs), Indian Institutes of management (IIMs), and universities produce globally competitive graduates, primary and secondary schools, particularly in rural area, struggle to find staff.
Indian governments have seen education as a crucial development tool. Since the time India attained independence, the education policies of successive governments have built upon the substantial legacies of the Nehru period, targeting the core themes of secularism and plurality, with a focus on excellence in higher education, and inclusiveness at all levels. In reaching these goals, the issue of funding has become problematic; governments have promised to increase state spending and have also realised the economic potential of bringing private-sector financial support. These challenges have remained largely unchanged since the Nehru era, despite the best efforts of governments and commissions to reform the Indian education system. The same difficulties that existed sixty years ago remain largely unsolved today - primary among them being access to education for the poorest and most disenfranchised communities of India.
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It's all GREEN in Education
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- Melwin Braggs
Business Lead
Private equity and venture capital investors have pumped $ 90+ million into less than a dozen companies so far in 2011 (we still have nearly half the year to go) and are bullish about the sector's prospects going forward. PE investment in the education sector increased from $ 129 million in 2009 to $ 183 million in 2010.
Investments in the education sector continued to witness growth through the 2008-09 downturn and factors such as the demand-supply gap, higher spending by consumers, superior quality perception of private sector offerings and government reforms are set to drive growth of the industry further.
However we have to work more on the regulatory hurdles, the lack of exit routes and a shortage of management and faculty talent if we are to swing in higher investment in this space, which is waiting. Of the $ 183 million of PE investment in the education space in 2010, around 70 per cent was raised by businesses in the non-regulated space (pre-schools, tutorials, test preparation and education services), an indicator of the complexity involved in investing in the regulated sector.
India has the third largest education system globally
after China and the US, with one million schools and 18,000 higher education institutions. With a population of around 540 million in the 0-24 age bracket, it is also the largest education market in the world.
During a recent discussion overheard a US educationist quote their President "That's how we're going to bring new jobs to America, and that's how we're going to win the future"
Private spend on education: The private sector planning to grow to a staggering 30 bn$ but we are still 5% of average household income (12% in USA, 15% in China).
All we can conclude is "Honeybee travels to the scent of honey"
For those of you already in the sector-great decision mate. For people who are awaiting all I can say is 'come on
board my friend' and yes we at Develop Schools can help.
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Open
House
Queries / Replies
If you have a query regarding your current school or starting a school, we will assist you with the reply
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Open-House is a platform created that allows you to ask queries related to your existing school or your school startup project. You receive advice from fellow users & from a panel of experts. If you have any education related queries that are worrying you or if you wish to assist others with your knowledge of the sector, Open-House is the platform for you.
Post your questions and receive advice: we will assist
Questions Received :
Q1. My school is affiliated to a State Board. I want to affiliate to a national board of examination. What is the procedure? ... Reply
Q2. The teachers in my school are upset about the increase in workload due to the introduction of CCE by the CBSE. How do I address this problem? ... Reply
Q3. My school (CBSE curriculum) is to start next year, I need assistance with regard to getting more admissions. Can you assist me with your experience on the same ... Reply
Q4. Science students of Classes XI & XII of my school are very irregular to school as most of them are attending coaching classes for IIT-JEE and PMT whereas the examination board insists on a certain percentage of school attendance during the year. How can I strike a balance between the two situations? ... Reply
Q5. Our school based in Kerala is planning to increase fees next year, can I now more on how is this to be managed from a parent presentation perspective ... Reply
Q6. Can I impose corporal punishment as a solution to the problem of negative behaviour amongst the senior students of my school? ...Reply
Answer the above questions : (Please mention the Question and Issue No. in your reply)
We will feature you in our future issues - your views, profile and write up on your current work
We understand the value of advice from experienced experts. We will always be with you.
Open
House
Queries / Replies
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Industry News Desk: Happenings
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In the Education Industry sorted for your quick reference:
The above links are collated for your reading, the views / articles need not meet the editor's endorsement/ consent/views. |
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Let's meet up |
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Rita Wilson ... 3rd and 4th week of August, I shall be
traveling to Madhya Pradhesh. Subsequently, I shall be in Delhi. Contact me to fix an appointment.
Melwin Braggs ... I would be
traveling to Mumbai, Karnataka and Goa in the 3rd and 4th week of August. Contact me in case you are in this region and want to benefit from our discussion.
Call: +91-9820609191
Email: info@developschools.com
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Coming up ... in our next issue
- Our Guest Editor: Mr. R C Robinson, Headmaster, Bishop Cotton School, Shimla honours us with his view 'Bully proof your school and students'
- Chief Editor: Mrs. Rita Wilson writes on 'Negative Student Behaviour'
- Business Editor: Mr. Melwin Braggs - 'School marketing, why?
- Open-House: A forum to get replies to queries you have, assist others with your industry experience
- and more ...
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