THE COACHING GAME
Education is among the top five fastest-growing commodities in terms of private consumer expenditure in India. Given a choice, Indians prefer spending on education than healthcare and, as economic surveys of the country have shown, continue to spend more on education irrespective of the change in their income level. Yet, it is often argued that the mainstream education system in India suffers from multiple limitations—poor infrastructure, dearth of trained teachers and outdated curriculums. Regular school education is unequipped to prepare students for highly competitive entrance examinations. It was perhaps guided by this criticism that the Centre announced a massive overhaul of the education system through its New Education Policy (NEP) in July.
