Education needs Investments of US$ 45 billion per year

India spends about 5% of its GDP in education and this is a number that is still lower if compared to other countries, where as countries like Thailand or Indonesia have 6-8% of their GDP spending in education. If India reaches to that level, then US$45 billion business opportunities will be created for India in the education sector.

Even after 56 years of Independence,  nearly 600 million of the Citizens of India are not literate [based on the international definition of the 3R's], 440 million are below the poverty line [based on a minimum requirement of Rs. 45 or US$ 1 per day] and nearly 300 million are unemployed, [our estimates]. About 45 million are registered with the employment exchanges.

The present focus in the Indian Educational system is mostly on higher education. Nearly 94% of the youth 'drop-out', between class 1st to class 12th. The balance 6% seem to have only seven options for further studies, i.e., Arts, Commerce, Science, Law, Management & I.T., Engineering and Medicine. Out of this nearly 84% opt for Arts, Commerce and Science, which in today's economic scene may not be very relevant. That leaves only 16% of 6% or about 1% of the total 29 million who enter the main stream education system in India!

Like in I.T. and software, our work-force should be trained to world class standards, so that Indian manpower can be of use any where on the globe and in India in world class organizations and in multi-nationals, both Indian and foreign.

World wide, education as an enterprise, is nearly 500% the size [about US $2500 billion] of software and I.T. [about US $ 530 billion]. India needs to take note of this as an opportunity.

Education is a very big employment generator and forces countries to improve infrastructure trade and business.

Education spending by Indians:
Nearly Rs 3000 crores are spent by the youth for the entrance examinations of the seven IIT's and the top 20 management schools of India.
Nearly Rs. 40,000 to 50,000 crores per year is remitted, directly or indirectly, for the 1,80,000 Indian students studying overseas