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New Delhi [India], May 24 (ANI/SRV Media): In terms of private consumer expenditure, education is one of India s top five fastest-growing commodities. When given the choice, Indians prefer to spend money on education over healthcare, and they continue to do so regardless of their income level, according to national economic surveys.
However, it is frequently argued that India s mainstream education system has numerous flaws, including inadequate infrastructure, scarcity of trained teachers, and outdated curriculum. Regular schooling is inadequate in preparing students for highly competitive entrance exams.
Perhaps in response to this criticism, the Centre announced in July a massive overhaul of the education system in its New Education Policy. The NEP will take a long time to implement. Coaching institutes will be used by students to bridge the gap between classroom learning and entrance exam preparation. This pressure to pass entrance exams has resulted in a coaching boom in In