This will help you a lot in knowing about education and economy of India.

1. INDIA’S

2. In such
competitive
world, it is must
for all to have
good educational
makes us strong
mentally, socially
and

3. Fraction of the monumentally large and
complicated puzzle t makes up
the economy. It is important
Understanding at least the basic
mechanisms of a nation's economy is
essential if one is to be a better-informed
citizen and voter. Further, knowledge of
the economy may influence your choice of
careers or encourage a decision to change
occupations.

4. The history of education
in the South Asia began
with teaching of
traditional elements such
as Indian religions, Indian
mathematics, Indian
logic at
early Hindu and Buddhist
centres of learning such
as Taxila and Nalanda bef
ore the common era.

5. Early education in
India commenced
under the supervision
of a guru. Initially,
education was open
to all and seen as one
of the methods to
achieve Moksha in
those days, or
enlightenment

6. The earliest venues of
education in India were
often secluded from the
main population. Students
were expected to follow
strict monastic guidelines
prescribed by the guru
and stay away from cities
in ashrams.

8. •Enrolment in higher
education has increased
steadily over the past
decade.
•There still remains a
significant distance to
catch up with tertiary
education enrolment
levels of developed
nations

9. •Education in India is provided
by the public sector as well as
the private sector, with
control and funding coming
from three levels :
•Central
• state
•Local
Under various articles of
the Indian Constitution, free
and compulsory education is
provided as a fundamental
right to children between the
ages of 6 and 14

10. India's improved
education system
is often cited as
one of the main
contributors to
its economic
development .

11. Of India’s economy

14. The economy of India is
the seventh
largest economy in the
world measured
by nominal GDP and
the third-
largest purchasing power
parity (PPP).

15. The country is classified
as a newly
industrialised country,
one of the G-20 major
economies, a member
of BRICS and
a developing
economy with an
average growth rate of
approximately 7% over
the last two decades.

16. Maharashtra is the
wealthiest Indian state
and has an annual GDP of
US$220 billion, nearly
equal to that of Portugal ,
and accounts for 12% of
the Indian GDP followed
by the states of Tamil
Nadu (US$140 billion)
and Uttar Pradesh
(US$130 billion).

17. Economic research has revealed the importance of education
as a crucial factor in economic development. Education
refers to the development of human skills and knowledge of
the people or labour force. Contributions made by various
factors such as physical capital, man- hours, (i.e., physical
labour), education etc. have shown that education or the
development of human capital is a significant source of
economic growth. It is not only the quantitative expansion
of educational opportunities but also the qualitative
improvement of the type of education which is imparted to
the labour force that holds the key to economic
development.