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INDIA’S
In such
competitive
world, it is must
for all to have
good educational
makes us strong
mentally, socially
and
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.
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.
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
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.
•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
•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
India's improved
education system
is often cited as
one of the main
contributors to
its economic
development .
Of India’s economy
The economy of India is
the seventh
largest economy in the
world measured
by nominal GDP and
the third-
largest purchasing power
parity (PPP).
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.
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).
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.
Education and economy of india
Education and economy of india

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Education and economy of india

  • 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.
  • 7.
  • 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 .
  • 12.
  • 13.
  • 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.