New Delhi: Since the pandemic, online education has seen an unprecedented jump in India. This will soon make the country a $313 billion online education market, said a new report.
The report, titled “Investing for Impact: Education, Skills and EdTech”, says around 10 disruptive investment ideas that can bring about a transformational change in the way Indians receive their education.
“Even as the pandemic has precipitated an unprecedented jump in online education and job upskilling uptake in the country, India is soon to become a USD 313 billion online education market,” the report released by Aspire Circle was quoted as saying by news agency PTI. Aspire Circle is a not-for-profit forum promoting social leadership in India through fellowships and research.
The 10 ideas identified in the report are: Technology-enabled K-12 education, online test preparation platforms-led inclusion and affordability, supplemental and extra-curricular education, teacher training and development, affordable education loan platforms, the gig economy and unbundled micro-tasking, affordable student housing, innovative finance in education and skilling, micro and alternative credentials for employability skills, and social and emotional learning, reported the news agency.
“During COVID-19, almost 150 million girls were affected directly by school closures, with almost 90 million girls across rural India without any significant learning opportunity,” founder of ‘Educate Girls’, Safeena Husain was quoted as saying by the agency.
“If technology-driven access to quality learning is provided to these girls backed by adequate investments in affordable education loan platforms, student housing, extracurricular and supplemental education, and social and emotional learning as brought out in this report, it will go a long way in unlocking the impact that is much needed at this point,” Husain added.
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