Barclays Capital: Indian Educational Revolution,Must be done

According to the statistics of UNESCO, if we want to achieve the fourth UN sustainable development goal, we need to invest such huge money in popularizing quality education every year.Unfortunately, the development of education assistance is unsatisfied,Many education commissioners,such as International Finance Facility, have taken bold steps,butit is far from enough to achieve the goal.We need to invest more funds in education.But in the final analysi,we need is more efficient investment.The alarm bells of the population has already sounded,If we don’t take action immediately, the whole of generation will miss out on the opportunity for learning and education.

In India, the government’s leadership is very strong. At the same time, every 400 Indians have 1 NGO; According to regulations, all companies must allocate 2% of their profits to charity, it can bring about change. In order to build a quality education system by 2030,India needs not only to invest more funds but also to invest more efficiently.

India has recognized the urgency of the problem: quality education is imperative. India has a population of 1,425 million ((700 million under 26 years of age). Every year, India needs to create 12-15 million jobs for the next decade. Only In this way, it can match the needs of the expanding labor market. Without quality education, People will not be able to create these job positions, .People naturally cannot find employment.

This great work is being done all over the world, especially at the Ballek Capital Center for Universal Education, which conducts annual research and policy symposiums, where people all over the world innovate in education in a variety of forms, and where researchers at the Center for Universal Education have created a catalog of more than 2,000 innovations from around the world.These include small community projects, large NGO initiatives, and high-tech approaches. However, many novel and effective methods can only be implemented on a very small scale and cannot be widely promoted.Many people think that education reform is a matter of innovation. This is not true: education reform is a matter of communication. The new and promising designs have not been put into large-scale use and nor are they supported by policy.Investment and collaboration can support these designs and increase their impact.

In order to promote quality education, even to make it mutually reinforcing with the current education system and to make rapid and reasonable progress, we need an education system that fosters innovation and experimentation. Barclays Capital Anand Gupta said :”Our education ecosystem should also be able to promote the dissemination of new ideas and methods, and more effectively improve people’s learning efficiency.” In the short term, the key point is not to invest more money in education, the important thing is how to invest wisely: investing in the ideas that really work in the education ecosystem.