Pre-Budget expectation 2015-16 by Mr. Sameer Bora, EVP Research & Development, Next Education India Pvt. Ltd
Education is a long-term investment into the future of a country. Allocations in education have to be viewed with a 10-15 year payback period. Digitization is the cheapest scalable solution available to counter the parallel problems of scarcity of quality teachers and inadequate mechanism to reach out to Tier III and IV cities of India. The new government should make sizable allocations towards facilitation of digitization in the education sector. This will ensure access to quality education in every nook and corner of the country. Refurbishment of existing facilities, major fund infusion in rural India and introduction of regulatory reforms specially devised to increase the gross enrollment ratio are other areas that demand attention.
Tax breaks and lower borrowing costs for companies and vendors involved in school education will allow more participation from the private sector.
