Education
in India is no more a service but a business!
Higher education is a powerful tool to build
modern, value-based, knowledge based, culture based, and peaceful society, which can lead the country towards becoming
super power in the world. In the emerging
global world order, India is trying to position itself as a knowledge driven
economy. Higher education assumes tremendous importance in this context. It is also considered one of the important and
strong tools for the development of any country.
Primary education is necessary for creating
base, while, higher education is extremely important for providing cutting
edge. Higher education contribute to the growth of nation by providing
specialized knowledge and skill manpower. India’s higher education system is
the second largest in the world, after the United States. But in spite of all
these developments and growth, quality of higher education remained the main
concern for India.
India needs multi-dimensional and broad-based
quality education to maintain its leadership in the 21st century. Therefore
India should show the concern over the quality in education, as the education
in India is not competitive in terms of the quantity and quality with other
countries.
The expansion of higher education over the
years has also resulted in educational malpractices, which exist in the form of
capitation fees being charged by the private institutions at the time of
admissions in addition to the fees.
The
cost of education in India is increasing rapidly . From the economic point of
view , there is a rule that if the demand is more then the supply then the
price increases . In India , every student wants a higher quality education
i.e. demand for it is very high therefore prices are increasing . Education is now a business, it is no more
running through charity. Every student have
enrolled for tuitions to improve performances to get good grades / marks.
Degree which have gained popularity among Indians for decades is engineering,
medical, now number of new engineering, medical colleges coming up every year
is increasing rapidly, when the demand from the students are high these
colleges make lot of money. Also in education field, politics also
play major role in this business.
In
this situation parents are finding themselves helpless to give good quality
education to their children.
Give wings to your Child’s Dream.
Surely
you will do your best to give your child a
Bright Future. Your child deserves the best education in world.
The idea is to reach the parents and present before
them simple way available which may help them to meet the expenses of child
higher education. Each child is blessed with the unique talents that are
identified during the course of education. Today’s education is highly
professional with hi-tech facilities. Education in reputed school and colleges
come with cost. It is always primary concern for the parent to ensure the
quality education for their children at any cost. From kinder garden to university, parents
have to provide continuous money flow towards fulfilling their child’s dream.
Life
Insurance serves as an effective alternative for the bread winner’s financial
support to his family. By the help of life insurance, parents can be proud of
realizing the Dream Career of their child.
The parents can normally arrange for the present
need of school level, but college education appears to be unaffordable unless
properly planned.
"In the future, global education brands may come to
India and their fees will be much higher," says S.G. Raja Sekharan, who
teaches wealth management at Bangalore’s Christ University.
However, the big question worrying Indian parents is; will
they be able to fund their children's higher education? They can, if they plan
ahead and take the right steps. One obvious solution is to start saving early.
Child
Education is one of the biggest goals of parents these days because of the
tough environment and high expenses involved. Most of the parents start saving
for Child Education right from the birth of Child, which is a great!
We have tried to explain you
here in this blog, how you can do the proper planning of Higher Education of
your child with highest guaranteed returns 15% with income tax benefit u/s 80c.