The Act Of Balancing Higher Education In India
As technology leads the delivery of solutions and breaks out of the pandemic, physical and digital hybrid learning models emerge, emerging as a global sweet spot for affordable and quality education in this new regular India
Now that the comprehensive National Education Policy (NEP) 2020 has been formalised, this is in favour of key stakeholders in the sector. All should call for governments, educators and entrepreneurs to come together and coordinate toward a larger strategic vision. If this extends beyond India, it will be successful in serving the purpose of global egalitarianism and taking advantage of one important economic opportunity. The education sector not only has the $ 600 billion single market at stake but also the $ 6 trillion global economic opportunities.
Globally, this sector is amid the turmoil that has only been exacerbated by the paradigm shift in pedagogy caused by the pandemic. Developing countries are forced to achieve a healthy gross enrolment rate (GER) for their students, and developed countries are facing inflationary costs of education and declining GER, so in providing quality education. The imbalance is serious. This issue is why quality education ranks high in the United Nations Sustainable Development Goals.
As technology leads the delivery of solutions and breaks out of the pandemic, physical and digital hybrid learning models emerge, emerging as a global sweet spot for affordable and quality education in this new regular India. There is a possibility. Therefore, it is not out of place for India's education sector to set an ambitious goal of being among the top five net educational destinations in the world over the next five years.
Every year, about 5 million students (technically defined as internationally mobile students) study outside their home country. A number that increases as global imbalances are corrected. The United States is the overwhelmingly preferred destination for these students, accommodating one-fifth, but Canada, Australia, France, Germany, Russia, and more recently Japan have grabbed their share over the last decade. The UK maintains a stoic share next to the United States, accounting for one-tenth of its market share.
However, it is on the 'Balance-Of-Education' index where India needs to do better. Corresponding to the number of students who go out India hosts only a mere fifty thousand in return. 65 per cent of these come from Nepal, Afghanistan, Bangladesh, Bhutan, and a smattering other from a few African and Middle Eastern nations. Inbound remittance is inconsequential as most students come under subsidized bilateral government arrangements.
It is this 'Balance-Of-Education' situation that stakeholders in the Indian education sector must aim to correct and make India count amongst the top five net exporters of education. The task will entail much hard work and many steps.
It may seem inconsistent, but the education sector needs to appeal to the percentage of international students in Western countries. Participate in the competition as they say. These countries are not only major student destinations, but also have a significant number of expatriates – about 500,000. There is no reason why India cannot be an attractive option for them.
The fact that many Western global CEOs and start-up entrepreneurs have completed higher education in India is concrete evidence of the value proposition of education in India. In addition to this language, stable and safe social, political and economic climate, historic pedigree, and average Indian classrooms are more diverse than anywhere else, and the overall offer is even more attractive. It's all about the target and affordable. By targeting students from Western countries, India will become a new destination in other parts of the world.
Finally, an aggressive market entry approach. Authorised groups must be actively involved in the Western student market in their area. The network of consultants is commercial, hiring liaison agencies, attending educational fairs, designing compelling awards and scholarships, attracting Western students and giving them the opportunity to experience our best.
Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house
Around The World