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Budget Expectations: Educators call for govt support, tax-breaks in Budget.


Date: 12-03-2012
Subject: Budget Expectations: Educators call for govt support, tax-breaks in Budget
The Sarva Shiksha Abhiyan has seen rising enrolment across India over the last decade. While this is heartening, equally dismal is the quality of students. In an attempt to improve the quality of education, here are a few entrepreneurs with innovative products, new curriculum designs and radical business models -from for profit to those that are socially relevant.

Satya Narayanan R, founder, Career Launcher:

Education was never a big ticket, high focus sector till date. The public private partnership (PPP) model is best as it ensures efficiency driven management, whether it is in people, technology or innovation.  It is vital to accord education the status of infrastructure. Policy must enable a free, fair and transparent participation and tax exemptions similar to that offered to the IT industry.

According to the Census, over 32% of the 1.1-billion population is between the age group of 0 to 14 years. This means that the number of people in India needing primary and secondary education alone exceeds the entire population of the US. This has created two challenges - one, providing quality education to all and second, monitoring the quality of the existing systems.

Amol Arora, VC & MD, Shemrock & Shemford Group of Schools:

 More money is going to be thrown into the government school system and this has not worked for 60 years. The government needs to involve the private sector in a more concrete manner - by subsidising loans to tax-breaks  to set up schools and institutions.

Anshu Gupta, founder, Goonj:

You need to understand that there is a large section of society which is supported by the voluntary sector and it has to be people-friendly, ultimately.

That's what Young India wants from the Finance Minister. Let's hope Pranab Mukherjee delivers, find out right here on CNBC-TV18.

Source : moneycontrol.com

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