5. "The real wealth of a nation is its people. And the
purpose of development is to create an enabling
environment for people to enjoy long, healthy and creative lives.
This simple but powerful truth is too often forgotten in the
pursuit of material and financial wealth."
6. INVESTING IN EDUCATION PAYS OFF
REASONS
14 percent fewer child
marriages
A child more likely to live past
age five, if mother can read
GDP growth by 0.37
percent per one year of
schooling
66 percent fewer
maternal deaths,.
More peace
171 million people out of
poverty
7. REASONS
12.2 million children saved
from stunting if their
mothers had a secondary
education.
7 to 10% global loss of
GDP per capita
highest rates of death due
to environmental
causes.
20% increase in
violent conflict
250 million children not
learning basic skills.
COST OF NOT INVESTING IN EDUCATION
US$92 billion loss per year,
failing to educate girls
11. E G
A I
EXTERNALITY
Social return to education over
and above what any given
individual obtains
ASSET
Investment in education is the
relatively long useful asset as
compared to other competing
investments.
.
GESTATION PERIOD
Investment in education is
characterized by a gestation
period which is substantively
longer than that of many other
types of capital formation.
.
INVESTMENT & EXPENDITURE
Total cost of the education pays off
only after securing a job having a
minimum good payment scale
WHAT DOES EACH STAND FOR?
13. DEFINITION
The action or process of
investing money for profit.
EXPENDITURE
The action of spending
funds.
INVESTMENT
14. EDUCATION AS AN INVESTMENT
EMPOWERMENT
HEALTH
ECONOMIC
GROWTH
EMPLOYEMENT
‘The only thing more expensive than investing in
education is not investing in education. But the
investment produces a public benefit as well’
SOCIAL EQUITY
AND STABILITY
HUMAN CAPITAL
& BETTER
CITIZENS
15. EDUCATION AS AN EXPENDITURE
GOVERNMENT
Grants, Scholarships,
subsidies, concessions on
land, electricity, water, taxes,
welfare schemes
PUBLIC
Donations, Prizes
PRIVATE
• Invests own money
• Main purpose is commercial profit.
• Collects capitation fees, donations
from students
18. .
.
ECONOMIC GROWTH
sustainable economic development with
substantial investment in human capital.
Improves the quality of their lives
Raises people's productivity and
creativity, promotes entrepreneurship and
technological advances.
Secure economic and social progress
EDUCATION &
20. Gross Domestic Product(GDP) is the best way to
measure a country’s economic. It includes
everything produced by all the people and
companies that are in the country
What is GDP?
21. EDUCATION AND GDP
Public expenditure on education as a percentage
of GDP gives an indication of how a country
prioritize education in relation to its overall
allocation of resources.
Using data available from The World Bank’s
World Development Indicators (WDI) database,
estimates show that for every dollar the
government spends on education, GDP
grows on average by $20.
22.
23. The dots
indicate
GDP growth
for each of
151
countries
The positive
slope indicates
faster growth in
the GDP
subsequent
decade.
Increase in education
expenditure by 1 point
increases GDP growth by
0.9 %
GDP growth b/w
2000 and 2010
and education
expenditure as a
share of total
GDP b/w 1990-
99.
25. What’s India’s position in world?
India has one of the largest network of higher education institutions in the world.
The country has become second largest market for e-learning after US
I
26. PRESENT
India’s educational spend
stood at 10.2% of the total
government expenditure in
2016-17.
In 2018-19, educational
spend had risen to 10.6% .
It is 3% of total GDP of the
nation
GER in higher education
reached 25.8 per cent in
2017-18
The total amount of Foreign Direct
Investment (FDI) inflow into the
education sector in India stood at
US$ 2.47 billion from April 2000 to
March 2019
27. Adopt transformative and
innovative approaches in higher
education
Have an augmented GER of 50 per cent
Have more than 20 universities among top 200
In 2030, it is estimated
that India’s higher
education will:
28. The road to better jobs, more
money and improved lifestyles is
paved by education.
A country's economy becomes
more productive as the proportion
of educated workers increases
and reflects in the form of an
increase in GDP.
Education is a fundamental driver
of personal, national and global
development.
It is both an investment and an
expenditure. Many countries
provide funding for primary and
secondary education to improve
economic performance
In 2018-19, educational spend
had risen to 10.6% in India. It is
3% of total GDP of the nation
and growth rate should stabilise
at 8% during the next decades,
ranking the country as the world's
fastest-growing economy.
CONCLUSION
