A Tool of Economy

Education must be considered as one of the salient tools of development. Indian economy would fare well, if the government expends more economic energy on education. Education should be considered one of the best ways to improve social and economic conditions of developing economies as of India. India, with its growing population would be well suited to invest more on education than it has so far. The education budget must be enhanced significantly so as to bring about a change in the economic outlook of the nation. India along with other developing economies of Asia must invest more on education and give more economic opportunities to its working population.

Education access and participation must be increased and accounted for by the government. Education should be considered one of the chief markers of growth of the developing economy. Developing economies require educated populace in order to become competitive. Education as a sector has been growing rapidly, and should be further encouraged in India and other developing economies of Asia. The private sector with government should play an immensely important function in increasing access to education. Developing economies in Asia must give more attention to education, and invest more than they have been doing in the current years. Education must be considered a significant tool of human advancement.

Yuvraj Saharan

Capital Report