We were able to achieve higher GDP growth in service sector during the economic liberalization period from 1991 to 2007 at 7.81%, in comparison to 6.33% pre liberalization period only because affordable education facilities available for the youths belonging to middle class in the country. When information technology industry emerged. Our educated youth force was ready to take the challenge from the world. The increase in GDP in service sector was the contribution of this youth force, as a result of the growing software market. Our educated youth force has taken up the challenge and contributed in the positive growth of GDP in service sector. It was only possible because we were having large chunk of qualified programmers readily available for the world market. Availability of ample human resource is the positive sign for growth. India is having worlds largest youth power and this power can be easily converted in to an important asset. But to convert this youth force in to an asset for the development of the country, we need proper education facilities to train this force in a proper direction. With the rich experience of the past, when our youth force had picked up the challenge of proving its worthiness to the world software market. Unfortunately we have given up those lines in the field of education.
Earnings are necessary for economic growth. Earnings comes through salary/wage, profit earned in business, interest earned on investment and rent realized for a property. All four gradients are closely linked with the growth of industrial, agricultural and service sector. If we want to go for higher GDP growth. We should have target of growing in all these sectors with the help of quality inputs. It is proved time and again that the most important input required for the growth is human resource. We need properly trained and qualified personnel for the Industry, to give quality out put with cost effectiveness. So that we can compete in the world market in this era of globalization. We need qualified agriculturist to work in our fields. They will help in increasing GDP in this sector. Which is required to feed our population. This sector can not afford to be ignored. We are aware of the principle of Thomos Malthas,"growth in production in agriculture is in simple propagation, where as population growth is in geometrical propagation". Therefore we need effective human resource input in this sector, to keep ourselves self sufficient. Story of service sector every one knows. Therefore we should built a strong education system, which can develop quality human resource in all the sectors for the development. And finance should not become any hurdle in the development of this class. As India is the youngest country in the world, our educated class of youths can easily face the challenges of running the systems not only in India but in the world. We all know, it is not possible to prepare force of educated youths overnight. It takes years, right from the primary education to highly skilled professional courses. Any country wishing to develop can not afford to ignore these hard core realities. And if any, is certainly day dreaming and fooling it's people.
Unfortunately this important social aspect of development is completely ignored in India. In recent years education right from the primary level to the professional level is highly commercialized. The cost of education right from primary level is increased many folds. It is going out from the reach of the poor & middle class society. Which constitute 85% population of the country.Education institutions are completely turned in to highly commercialized business institutions. Fee structure of these educational institutions is far from the reach of the common man. We are going for a war without ammunition. Government's (Center & State) are completely neglecting these important aspects and playing role of mute spectators. Though some of them are trying to show that they are the most caring and distributing laptops, bicycles and other materials to the students for the simple reason of gaining popularity to win the election. But no one is taking care of the condition of school buildings, quality of teachers, presence of teachers, quality of education these schools are giving to the students. This important sector required for the economic growth is neglected.
Actually political class in the country is looking at this important sector as an opportunity to earn money. That is why they wish that the government should not improve education system in the country. And they continue to be the absolute owner of this heavily commercialized sector. Not only that they have introduced the systems of giving admission to the candidates, who can bring in large amount of money for them. This is hampering the quality of professionals in the country at one hand, where as driving the large share of the population out. That is why education institutions run by the government, are cursed to remain in poor state. And the influential political class is busy in developing this new area of business and commercializing it. Political class in the country is not leaving any stone unturned for exploiting benefits to be given to this social cause from the government treasury. That too in the name of social upliftment, at the cost of the taxpayers, by grabbing land at heavy concessional price, various subsidies. No business can be so lucrative as education is, because here you need to invest very little to churn heavy profits. This has completely changed the direction of education system, and turned it in to heavy commercial activity. This is quite unfortunate that any voice against the present system, never reaches to the deaf ears of the government. If any, they are ready to compare this cost with the western developed world. Easily forgetting that poverty line in those country is not Rs. 26/- & Rs. 32/- and that those country do not need Food Bill for feeding 65% population. The way government is subsidizing food in the country, it need to subsidize education. Because Nation & Society will be the ultimate gainer
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