Abhishek Sinha on Foreign Direct Investment in the Education Sector
Human capital plays an important role in the socio-economic growth of any developing nation. Education in ecumenical leads to creation of humankind capital, and any form of investment in this field will lead to higher generation of human capital. The financial situation of the knowledge sector in India is agitated and is in need of an immediate solution. The Government’s disbursal pattern indicates that a rapid scaling up of alkali for higher instruction will not be indoors reach in the near future1. I believe that the simplest and the speedy available option for the Government to overcome this fiscal deficit is to encourage unlike direct investment in this sector while ensuring that education in India remains a amicable objective rather than a commercial enterprise. In this cover I have briefly discussed the various restrictive impediments relating to foreign direct investment in the education sector and resource structures to overcome such hurdles. The education sector Education as a sector in India is highly regulated, both at the Central and the State Government level2.
There are respective(a) Central legislations3, National policies4 and State legislations that regulate the establishment and transaction of educational institutions in India. To ensure the all round maturement of the stakeholders in this sector the Ministry of Human Resource Development (MHRD) was created5. MHRD has categorise different stages of education in India as, (a) school stage, which includes elementary6 schools and secondary7 schools, and (b) higher/university education which includes non-professional and professional degree courses and diploma courses8. The multiplicity of laws and regulators governing education in India, coupled with the overlapping functions of such regulatory bodies complicates the regulatory environment in this sector. Constitution of India and education The Indian...If you want to get to a full essay, order it on our website: Orderessay
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