Educational Philosophy tutorial

2. GDP is
commonly used as an indicator of the economic health of
a country

3. GDP = C + G + I + NX
where:
"C" is equal to all private consumption, or consumer spending, in a nation's economy
"G" is the sum of government spending
"I" is the sum of all the country's businesses spending on capital
"NX" is the nation's total net exports, calculated as total exports minus total imports. (NX =
Exports - Imports)

4. RECOMMENDATIONOFKOTHARI
EDUCATIONCOMMISSION[1964–66]
It is well known that our education system is severely starved of
funds, and that it does require huge sums, for quantitative
expansion, improvement in quality, and equity, strengthening
diversity and other vital aspects of educational development. Many
estimates have been made on the resource requirements of the
system. Long ago in 1966, the education commission (1964-66)
(chaired by D S Kothari) had recommended that we should allocate
6 per cent of national income to education. But the goal remained
unfulfilled.

5. Public spending on education - total (% of
GDP) in India
Public spending on education; total (% of GDP) in India
was last measured at 3.17 in 2011, according to the World
Bank. Public expenditure on education consists of current and
capital public expenditure on education includes government
spending on educational institutions (both public and
private), education administration as well as subsidies for
private entities (students/households and other privates
entities).

7.  Spending on schools , universities and other public and private institutions for delivering and
supporting educational activities.
 Spending on research and development.
 Spending on all other services provided from educational institution to the students and families.

8. Conclusion
Public spending on education per student shows the
expenditure on primary, secondary and tertiary education
in relation to the number of students enrolled in each
educational level. It is calculated by dividing public
expenditure in educational level by the number of
students enrolled in the corresponding level. All
expenditures outside the educational institutions are
excluded from this.