Madhav Chavan appeared as a guest on CNBCs Imagining India with Nandan Nilekani along with Shobhana Bhartia, and James Tooley. The topic was Crisis in Classrooms and the discussion was on primary education in India.
So ideals of equity and justice will go down the drain in such a society. This than leads us to the question why and for what we should educate our children? Should all students get the same opportunities or only those whose parents can afford it?
Chances are that the students who go to elite schools will be better situated in life as compared to those going to other schools for e.g. Rajeev Ghandhi, Karan Thapar from Doon and a mechanic from other school. So by its very nature the system of private schools will exacerbate our already divided nation in terms of those who have more access to resources and those who do not have it.
Dear friend first let us try to understand how markets work. There is no denying that the driving force behind a market economy is profit. The companies make profit by selling their goods at a higher price than what it costs them to produce it. The companies can try to maximise their profits by either charging very high for its goods or by selling a stripped down project to a large number of people. Apparently there is a huge difference between the luxury model and the basic one.
See, all the government has to do is create the right incentives for the private sector, i am big believer of markets, if the government creates the right incentive, the markets will come up with an efficient product. It is competition that forces suppliers, to produce the best product at the least price. All the indian governement has to do is make education a reliable/profit making investment , and the markets will produce the best product ... We shouldn't have to depend on the government .
Tooley's argument that private schools are serving the poor by offering freeships to some 7-8% is equally flawed as these schools offer freeship not because of altruistic motives but because of pressure of competition. Overall a dissapointing and a shallow discussion.
James Tooley is furthering the vested interests of private sector. If we go by his argument that public sector is inefficient should'nt we hand over our security to the Ambanis, Tatas or Unilever?
So ideals of equity and justice will go down the drain in such a society. This than leads us to the question why and for what we should educate our children? Should all students get the same opportunities or only those whose parents can afford it?
srse2k 2 years ago
Chances are that the students who go to elite schools will be better situated in life as compared to those going to other schools for e.g. Rajeev Ghandhi, Karan Thapar from Doon and a mechanic from other school. So by its very nature the system of private schools will exacerbate our already divided nation in terms of those who have more access to resources and those who do not have it.
srse2k 2 years ago
Dear friend first let us try to understand how markets work. There is no denying that the driving force behind a market economy is profit. The companies make profit by selling their goods at a higher price than what it costs them to produce it. The companies can try to maximise their profits by either charging very high for its goods or by selling a stripped down project to a large number of people. Apparently there is a huge difference between the luxury model and the basic one.
srse2k 2 years ago
See, all the government has to do is create the right incentives for the private sector, i am big believer of markets, if the government creates the right incentive, the markets will come up with an efficient product. It is competition that forces suppliers, to produce the best product at the least price. All the indian governement has to do is make education a reliable/profit making investment , and the markets will produce the best product ... We shouldn't have to depend on the government .
eleven451 2 years ago
Tooley's argument that private schools are serving the poor by offering freeships to some 7-8% is equally flawed as these schools offer freeship not because of altruistic motives but because of pressure of competition. Overall a dissapointing and a shallow discussion.
srse2k 2 years ago
James Tooley is furthering the vested interests of private sector. If we go by his argument that public sector is inefficient should'nt we hand over our security to the Ambanis, Tatas or Unilever?
srse2k 2 years ago
James Tooley is too nice of a man ... he keep getting cut by Nandan .
Anyway this is an amazing video, nice to see such clips . Education in india should be priority No. 1
eleven451 2 years ago