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Archive for May, 2012

Importance of Distance Education in Indian

Monday, May 28th, 2012

The Indian education industry is one of the largest in the country with a market-size of 450 million students, projecting revenue of $50 million, annually. The Indian education sector is projected to grow by 15% during the period 2011- 2021. And, distance education universities as the education provider for the masses is all set to tap the potential of student market.

Considering that the major populace of India is young and the rise in distance education degrees, there is a huge potential for growth which is inviting foreign investors in this sector. The partnerships of distance education universities with foreign universities will chiefly target the higher education segment, to offer advanced programs, special skills training and sorts. Additionally, the focus is on evolving through innovative teaching methods to improve the quality of distance education universities and online education.

There has been a series of progressive developments to promote foreign investments in the sector and the passing of the Foreign Education Bill in 2010 has bolstered the initiatives in this direction. At present, there is a long line of tie-ups with foreign universities. To name a few, there is the MoU between Australia’s Deakin University with St. Xavier’s and KC College; the age-old collaboration between Rhode-island based Brown University and St. Stephen’s College in Delhi and many more. The Foreign education bill is a welcome move for foreign universities who are eager to provide education in India, which in turn will give Indian students the option of pursuing world-class programs, inland rather than going abroad for the same. Columbia University proposes to set up a center in New Delhi for its faculty and students to take up research in India. Similarly, Harvard business school is focused on setting up campus in India to conduct its executive education programs. Other universities keen on an Indian-base are the Yale University, Massachusetts institute of technology and the University of Boston.

In a globalized economy, projecting a dynamic industrial scenario, opening up the windows for foreign collaborations will help the Indian education system and therefore the distance education universities to achieve global standards in quality and spell affordability for executive programs. Leading the current series of key global partnerships, UGC and DEC recognized Sikkim Manipal University Distance Education has signed a MoU with Scotland-based Edinburgh Napier University. The partnership will help distance MBA students from SMUDE to pursue an MBA from the Scottish university at a price equal to only one semester fee. This apart, the university has taken forward many initiatives through its technology platform to ensure all-round learning for its students. Going beyond academics, the university has integrated other forms of training in its wide spectrum of PG, UG and diploma courses. Additionally, SMUDE has leveraged on technology in the best way to make its students job-ready in the global arena.

India Education System

Monday, May 7th, 2012

Education system in India is having a huge demand because of its quality and systematic education procedures we are following. India’s education sector is emerging fast with sparking demand for every one. Our Education system is the strongest and it will start from pre schooling age with excellent training methodologies with latest models like e-learning, Skill enhancements educational software drives, skills presentation, text books etc.

Indian government is spending a huge amount for education sector for every financial year. The amount spent is utilised in various methods by considering the minority and backward class people and also for poor people facing difficulty in receiving elementary schooling. Government is providing facilities to all kinds of people and the education market is going to hit $70 billions by the end of 2012.

Canon Law Society of America estimates that the total size of India’s private education market could reach US$70 billion by 2012. Private education sector has started in mid 1990’s and set up various schemes and one among them is that state governments will out source the supply of various Hardware and Software in various government and government aided schools. The funds for the out supply has been provided by central government under various schemes called ICT, SA, school programme etc. Various private companies have entered in to market With huge investments. The government is also encouraging various industrial institutes to offer academic and financial aid to private people. Many big companies like L&T, Microsoft etc are showing their interest in participation.

Education system in India is regulated at center as well as at state level too. These regulations vary from state to state. we are having two kinds of educational systems in India, Central board and State Board. Central Board of secondary education is being monitored by central government and State boards have their own education board systems. The Central Board is seeking affiliation that is managing a committee which is controlled by a trust and it should have non proprietary entries with out having any vested control by any individual or others. The trust will approve budgets for the financial year and also for tuition charges etc and the donations incurred to this board will be exempted under Income tax Act as this is meant for charitable purpose for promoting education but not for pursuing the profits on it.

State governments are mainly responsible for the establishment of state colleges and universities and also has power to approve the establishment of private universities as according to UGC Norms.

In order to Impart Professional and technical educational system in India A group of professional councils grouped together and established a council called All India Council For Technical Education in 1987. It promotes professional institutions and gives recognition to courses which comes under undergraduate programmes and provides the standard development of Technical education in India. These regulations continues to show its influence in Indian Education System. Irrespective of all these constraints the educational sector is achieving excellent potential growth with high standards.