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Current scenario

India is a significant player in the global education market. India boasts one of the world’s most extensive networks of higher education institutions. The educational system, on the other hand, still has a lot of room for improvement. With 26.31 percent of India’s population between the ages of 0 and 14, the country’s education sector offers various chances for development. India boasts the world’s biggest population of people aged 5 to 24, with a population of over 500 million. This presents a huge potential for the education industry. In FY18, India’s education industry was valued at US$ 91.7 billion, and it is anticipated to grow to US$ 101.1 billion in FY19. In FY19, there were 39,931 colleges in India. In FY21, India has a total of 967 universities (until December 2020). In the fiscal year 2019, India has 37.4 million students enrolled in higher education. In FY19, the Gross Enrolment Ratio in higher education was 26.3 percent. There were 9,700 AICTE-approved institutions in 2020-21. In AICTE recognized institutes, there were 4,100 undergraduates, 4,951 postgraduate, and 4,514 diploma programs. According to the National Institutional Ranking Framework, major Indian Institutes of Technology took seven of the top ten spots in the top ten institution rankings in 2020. After the United States, the Philippines has become the second-largest market for e-learning. By 2021, the industry is anticipated to be worth $1.96 billion, with 9.5 million consumers. By 2026, the online education industry in India is expected to reach US$ 11.6 billion.

Improvements in the recent past

In the recent past, India’s education and training industry has witnessed some important predictions and improvements. Here are a few examples:

– In terms of hiring by major businesses, the Indian Institute of Technology, Delhi is ranked 145 in the Global University Employability Ranking 2017.

– India has agreed to a financing agreement with the World Bank under the SANKALP (Skill Acquisition and Knowledge Awareness for Livelihood Promotion) initiative to enhance institutional mechanisms for skills development.

– In Assam, Singapore will open its first skill development center, which will offer vocational training to the region’s youngsters.

Distance learning in India

Distance education is becoming more popular. Even though the school system has a lot of room for improvement, the country was one of the first to adopt remote education as a way to expand educational access to rural areas. In 1975, India founded IGNOU (Indira Gandhi National Open University), a distance learning institution. With over three million students, it is currently India’s largest university. Another example is NPTEL (National Programme on Technology Enhanced Learning), which is a collaborative MOOC project by India’s top seven universities and has been a hugely successful government program. Distance learning will continue to be a viable option for traditional institutions, with a CAGR of 41% predicted between 2016 and 2021. The UGC, which is part of India’s Ministry of Education, is in charge of ensuring the quality of distance-learning schools.

The future

In the education area, several changes are predicted in terms of students, teachers, learning/teaching techniques, and institutions. The following are the main factors to consider:

  1. The curriculum will be intended to educate students about the ongoing digital era by exposing them to major technologies that are influencing our society. In this new-age educational framework, artificial intelligence, machine learning, virtual and augmented reality, and big data will all play a key part. Students’ coding and computational thinking abilities will be fostered, allowing them to pursue a variety of employment paths.
  2. Education-related solutions will be useful on a global scale. Education will now encourage professional ambitions and goals, as well as other practices and policies that target a worldwide audience, as the globe turns to the internet media for sharing solutions and ideas. These technologies will be utilized to foster variety in the social and cultural spheres for the common benefit of humanity.
  3. The suggested modifications will have an impact on how we evaluate public, private, and higher education institutions, as well as assist in the implementation of a student-centered framework that will bridge the gap between regional and sub-locale institutions.
  4. Since the pandemic brought digitalization into education, remote learning has been the standard for more than 1.5 billion pupils across the world. This was viewed as a good improvement by 92 percent of Indian citizens. This pattern is unavoidably set to persist. However, this does not negate the importance of instructors in educational processes. However, procedures will be in place to guarantee that qualified instructors are hired after careful assessment of their previous experiences and positions held.
  5. The use of blended or hybrid learning techniques to provide a more flexible and efficient educational system will be another important development. As digital education expands its reach to encompass at-home learning services, this will include online teaching approaches, e-courses, and learning applications. Partnering with content production firms would ensure that digital material is available in a variety of languages, increasing India’s EdTech sector even more.
  6. On the other hand, classroom time will be used for practical work, debates, and case studies. Through the utilization of capable technologies, the new educational program envisions an immersive learning experience for schools.
  7. A significant emphasis on extracurricular activities and science, arts, and maths groups will foster a good attitude toward school and have a favorable influence on pupils’ overall development.
  8. Rather than alternative disciplines, sports, and the arts will be pushed as mainstream choices. Students will be more motivated and engaged as a result of having more influence over their job choices. The psychometric analysis will also aid in the identification of competent areas for students to pursue.

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