Wednesday, 15 July 2015

Punjab emerges on top in education sector development in India: study

Clocking a compounded annual growth rate (CAGR) of 6.5% between 2007-08 and 2013-14, has ranked on top in terms of growth in the number of schools followed by Kerala (5.4%) and Jammu and Kashmir (5.3%) while the all-India growth rate remained at 2.5%, noted a recent study by apex industry body ASSOCHAM.
“Punjab has emerged as the leader with a CAGR of about 8% in terms of growth in student enrolment between 2007-08 and 2013-14 followed by Haryana (5%) and Gujarat (3%),” according to a study titled ‘States Emergence: A comparative analysis of growth & development," conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Student enrolment grew at just over 1% CAGR across India during the aforesaid period, the study noted.
Punjab has also registered highest growth rate of about 20% CAGR during 2007-08 and 2013-14 as the number of teachers in the state have increased from about 79,750 to over 2.36 lakh in this period.
“In terms of education development challenge remains of providing equal opportunities for quality education to ever-growing number of students, reinvigorating institutions, crossing international benchmarks of excellence and extending the frontiers of knowledge,” said D.S. Rawat, national secretary general of ASSOCHAM.
“There is an urgent need to increase investments to develop human capital needed to meet those challenges,” said Rawat.
“Merely increasing the number of higher educational institutions and their enrolment capacity will not achieve national developmental goals without concurrent attention to quality and its access to all those who desire it,” he added.
“Developing a rural education policy which is result oriented in respect of funding educational institutes and teachers, which may help in improving efficiency of teaching faculty, which would ultimately improve overall competency of rural students and provide incentives to private colleges, professional institutes, and other vocational institutions to set up facilities in rural and backward areas may result in better enrolment rates,” further said  Rawat.
“Punjab’s performance in terms of students per teacher has also improved remarkably as from a level of 32 students per teacher in 2007-08 it has improved to 17 students per teacher in 2013-14, however the state is ranked fourth in this regard after Himachal Pradesh (11 students per teacher), J&K (12 students per teacher) and Kerala (15 students per teacher),” highlighted the study prepared by the Economic Research Bureau (AERB).
While in India, there were about 26 students per teacher as of 2013-14 as against 33 students per teacher in 2007-08.
Punjab is also ranked as fourth leading state as 52% of schools in the state had computer facility in 2013-14 as against about 31% in 2007-08, while Kerala (93%), Gujarat (73%) and Tamil Nadu (54%) are top three states in this regard, the study noted.
In India, about 23% of schools had computer facility as of 2013-14 as against about 14% in 2007-08.
However, Punjab has proved to be a laggard in terms of expenditure incurred by the state on education as % of their gross state domestic product (GSDP), according to the ASSOCHAM study. “With just 4.3% of Punjab’s GSDP being incurred on education expenditure, the state is ranked only ahead of Gujarat (3.3%) in this regard amid top 20 states in India.”
While nationally 1.3% of the GDP is being incurred on related expenditures. Assam and Bihar (11%) both are ranked on top in terms education expenditure as% of their respective GSDP.

Source:- http://www.business-standard.com/article/current-affairs/punjab-emerges-on-top-in-education-sector-development-in-india-study-115071300872_1.html

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