Private sector can work with the government to create a strong base of human capital that will facilitate India’s growth story
We need to re-assess the role of private sector in delivering education in India. Private sector can play an invaluable role in augmenting education needs of a vast country, such as India. There has been wholesome discussion on the subject of enhancing the role of private sector in the educational industry. The debate seems to be stuck on the merits of “for profit” organizations to operate as educational entities, and the governance policies if so permitted.
We can learn from the models of private sector participation that have been deployed in the developed the world. We need to find a model that will work suitably in India. Moreover, the critical need is also to induct technology which can act as a great enabler in the delivery and assessment of education. Typically the best technological systems are efficiently implemented by the private sector. In summary we urgently need dialog and actions for closing the gap between the industry and the educational establishment.
Navyug Mohnot is an alumnus of the Indian Institute of Technology, Delhi. Navyug went to the University of Rochester, USA, on fellowship for a Ph.D programme. He pioneered the concept of Operational Excellence through process improvements and contributed to growth of the IT industry. Under Navyug’s stewardship, QAI has grown from a single location entity to a trans-global organization with offices all over the world. It has also gone on to become the thought leader in this space.
It is interesting to note that, India has the largest number of educational institutions in the world and there is a huge opportunity to improve the quality of education and align it to the needs of the industry. In adult literacy, India ranks at 128 in the world. In the human development index, India ranks in the 100’s.
The Governments target is to have India’s GER to be 30 percent by 2020. This is a huge ask. Today, over 35 percent of our population is below the age of 20. When the rest of the developed world will be faced with an ageing population, India will have predominance of youth in its population. By 2020, it is expected that India will have the largest working population age in the world.
The next five to ten years are going to be very critical from a global competitiveness point of view for India. We need to bring vast improvements into our economy. This can only happen if we are able to bring about seminal improvements in our system of education.