Education and Training

India’s education sector offers a great opportunity with approximately 29 per cent of India’s population being between the age group of 0-14 years. India’s higher education segment is expected to increase to USD 35.03 billion by 2025. The education sector in India is estimated at USD 91.7 billion in FY18 and is expected to reach USD 101.1 billion in FY19. The total amount of Foreign Direct Investment (FDI) inflow into the education sector in India stood at US$ 2.69 billion from April 2000 to September 2019, according to data released by Department for Promotion of Industry and Internal Trade (DPIIT). In private equity and venture capital funding, education industries companies to attract US$ 500 million by end of 2019. Education sector in India remains to be a strategic priority of the government. 100 per cent FDI (automatic route) is allowed in the Indian education sector. To liberalise the sector, the government has taken initiatives such as the National Accreditation Regulatory Authority Bill for Higher Educational and the Foreign Educational Institutions Bill. Various government initiatives are being adopted to boost the growth of distance education market, besides focusing on new education techniques, such as E-learning and M-learning, Skills Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) and Skill Strengthening for Industrial Value Enhancement (STRIVE) , and others.

Content Credit: IBEF
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