Over the years, this led to a proliferation of private initiatives, several of which are sub-standard and solely aimed at taking advantage of the supply-demand mismatch. While private sector participation in education is to be welcomed, without proper regulatory mechanisms in place, a mushrooming of dodgy institutions and informal parallel service-centres will only churn out graduates who are not employable. This kind of factory-approach to education is particularly worrying, not only for policy makers but also the corporate sector. Indeed,India's demographic dividend could potentially become a demographic calamity.
India's education crisis: Time for India, Australia to forge knowledge partnership (Comment)
Over the years, this led to a proliferation of private initiatives, several of which are sub-standard and solely aimed at taking advantage of the supply-demand mismatch. While private sector participation in education is to be welcomed, without proper regulatory mechanisms in place, a mushrooming of dodgy institutions and informal parallel service-centres will only churn out graduates who are not employable. This kind of factory-approach to education is particularly worrying, not only for policy makers but also the corporate sector. Indeed,India's demographic dividend could potentially become a demographic calamity.