India today stands amongst the league of nations which experienced a robust growth in the last decade, but the demand for quality education remains high as ever. Despite increased spending, education with a purpose has been a long-missing ingredient. During Indo-Global Education Summit 2012, the Andhra Pradesh government indicated to bring in radical changes to the higher education system to give education a well-deserved purpose. The government also maintained that the higher education in the state would focus on skill development and improving employment chances of graduates by facilitating collaborations with foreign universities, rather than focusing on the grade, marks education regime.

India has made a huge progress in primary education and expanding literacy rate, but faces stern challenges in higher education. A recent study on ‘Present Performance and Public Expenditure of Higher, Secondary, Primary and Women Education in India’ states that despite all efforts over 25 per cent of the population is still illiterate; only 15 per cent of Indian students reach high school, and just 7 per cent graduate. The quality of education, whether at primary or higher level, is significantly poor as compared with major developing nations. As of 2008, 25 per cent of teaching positions nationwide were vacant and 57 per cent of college professors lacked either a master’s or PhD degree. Click here to read more...

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Yes, Dr. Singh! It’s a huge crisis that looms in front of us; yet, it’s an excellent opportunity to display great leadership and become a statesman!

It seems that the ruling United Progressive Alliance (UPA) is all set to gift away a comfortable victory for the Bharatiya Janata Party and its allies in the forthcoming Union elections, with the latter doing nothing much to earn it. Looking at the way things are happening, it is as if history is repeating itself. It was not very long ago that onions had taken away the sheen of whatever good work that the then National Democratic Alliance had done. The electorate had then ruthlessly stripped them of their power, showcasing the crude fact that the Indian electorate posses extremely short memories, particularly when it comes to elections. And this time, no one else is realising it more than the ruling UPA. They realise that gone is the euphoria they created by gifting the huge Rs.60,000 crore loan waiver for farmers in this year’s annual budget, and that too barely two months ago. And gone along with it is the positive sentiment that was created by the increase in the non-taxable income from Rs.1 lakh to Rs.1.5 lakh. Also gone is the populist Sixth Pay Commission, which was clearly to woo the Indian middle class.

In less than a few weeks’ time, all that the UPA (and not just the Congress) had tried to prove – as being the representative of the aam aadmi – has been withered away by a phenomenon that is taking catastrophic proportions not just within the nation, but globally. The inflation figure, which is hovering at around 7.33%, has been giving sleepless nights to most governments across the world, including the UPA. In fact, UPA should remember quite well how, around a decade back, BJP had to pay dearly by getting routed in three state assembly elections, simply because the prices of onions had skyrocketed. And this time, it is not just onions; prices have shot up across each and every basic commodity, making things extremely difficult for the Congress. And out of nowhere, a disorganised opposition led by BJP, has found a major poll plank to avenge its earlier defeat. And if the UPA fails to reign in the prices, then it is needless to state that it would all be over for them, at least in the forthcoming elections......Continue






Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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