>INDIAN EDUCATION SECTOR (IDFC SSKI)

Is the education system ‘over-regulated and under-governed’?

Can the government achieve the goal of universalization of quality education alone?

Is the current trust structure dysfunctional?

Privatization of education…are we there yet?

PPP – can education be the next ‘power’ play?

Can India become a global hub for education?

What needs to change?

• Reduce hierarchical multiplicity of governing bodies; morph into a quality controller (such as SEBI or TRAI)

• Encourage private participation via monetary benefits and autonomy to run institutions

• Institutionalize the ‘dysfunctional structures’

• Focus on quality and allow ‘profiteering’. Use private participation to increase R&D and further inclusive growth

• Define PPP models leading to sustainable IRRs for players; hand over management control

• Incentivize and institutionalize the process to set up foreign universities beyond just allowing 100% FDI in education on paper

To read the full report: EDUCATION SECTOR