Dr Maithili Tambe, CEO, The Academy School, Maharashtra
Education needs a fillip in terms of budget allotment. Last year, Education was allocated only 2.6% of the total budget. The percentage should improve considerably since the future of India depends a lot on the educational progress of the youth. The biggest expectations of the industry would be modifications in the GST on educational services. The sector expects removal or at least a considerable reduction in GST.
The education sector also requires the allocation of funds to safeguard the mental health of students. By setting up labs or facilities offering effective solutions to troubled students, the future of a student can be secured, and ensure the right mindset is nurtured in the student.
The government should focus on empowering the universities and lay emphasis on able-faculty development and infrastructure. Post school education, students tend to go abroad for higher education which does not serve the purpose of the education sector. According to a report, opportunities of USD 17 billion of potential revenue from students were missed by travelling for further studies. With better university education, that can stop.
