• ECCE
  • School Edu
  • Higher Edu
  • Edu Tech
  • Skills
  • Jobs
  • Advertise
  • Login
Education21
New Updates
  • Orientation Program cum Open Session by Allen Career Institute sees a turnout of 20K students & parents with LS Speaker as the chief guest
  • ‘EduLocker’ is being planned along with upgradation of ‘One-Nation, One-Data Platform’: NETF chairman
  • UKIBC disappointed over Restriction on International Students’ Families, but optimistic on student mobility
  • CISCE selects 16 students for NCERT National Yoga Olympiad being held from June 18-20
  • IIT Guwahati celebrates International Day for Biological Diversity 2023
  • Home
  • Latest
  • Spotlight
  • Perspective
  • Interview
  • Videos
  • Events
  • Shop
  • Student Kiosk
No Result
View All Result
  • Home
  • Latest
  • Spotlight
  • Perspective
  • Interview
  • Videos
  • Events
  • Shop
  • Student Kiosk
No Result
View All Result
Education21

Budget Expectation: EdTech expects micro-level challenges will be addressed in the Budget 2023-24

education by education
January 24, 2023
in Spotlight
0
Budget Expectation: EdTech expects micro-level challenges will be addressed in the Budget 2023-24
0
SHARES
64
VIEWS
Share on FacebookShare on Twitter

One of the key aspects that the EdTech industry is looking forward to being addressed is the need for technological infrastructure in every part of the country. Tier 3 and Tier 4 cities still struggle with online education due to tech-based infrastructure challenges. A lack of good internet speed, digital devices or computer systems stands as a big challenge for online courses. Hence, The EdTech industry is anticipating for the government to make these services accessible for all. Further, the industry’s key demand is lowering GST on online learning and resources for a fair and equivalent system for offline and online education providers.

 India holds one of the largest youth population and is yet to be considered the ‘Teaching capital’ of the world. The biggest growth deterrent here is the higher interest rates on education which make it an expensive proposition for students, working professionals, or parents. Hence, legitimate tax benefits will be instrumental in granting applicants with higher rebates and deductions in tax calculations while also making online education a household phenomenon. While NEP 2020 has created several milestones in the last two years, we now need more strategic and targeted actionable to accelerate quality curriculum and vocational skills by academic institutions/HEIs.

“Strengthening of learning infrastructure across non-metros could be pivotal. Indian Edtechs have built strong capabilities to operate at low bandwidth internet which can enhance India’s literacy rate dramatically. We expect the upcoming budget to accelerate wider collaboration with Edtechs to serve a two-pronged purpose: (a) to co-create a curriculum across K12, test-prep, and higher education that stands at par with our global counterparts, and (b) to further scale quality education across levels thereby, also accelerating India’s GER ratio. These developments supported by GOI shall accelerate acceptance of online education while also strengthening India’s stature as the knowledge superpower and Teaching capital of the world.” ­­–Mayank Kumar, Chair at IEC (India EdTech Consortium)

“Technology has the potential to affect the teaching-learning process in the country positively. Our schools need clear direction on how classroom transactions must be constantly redefined and redesigned using technology to make India’s education sector world-class. The digital divide across the country and low levels of digital literacy are two significant barriers to adopting digital technology and the execution of NEP 2020 and NDEAR policies at scale.
For instance, the internet penetration rate in rural areas is approximately one-third that of urban areas. Making the internet freely accessible in rural schools should neutralize inconsistencies around teacher quality, resource availability, and evidence of learning. Moreover, the existing schemes for digital literacy need a significant boost. Under the Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA), as of March 2021, only 2.71 crore candidates were certified. For EdTech to deliver on its promise in Bharat, we need parents and teachers who are digitally literate and can facilitate a good learning environment for their children by leveraging technology.”
–Shashank Pandey, Co-founder, SwiftChat/ConveGenius

 “An increased spending towards digitizing classrooms across government schools in rural areas: Every school should be equipped with smartboards and projectors and our curriculum should further seek to integrate technology across every subject.    A special allocation for creating AR/VR labs in every school: This would allow our education to become more “hands-on” and could usher in the much-anticipated era of skills-oriented pedagogy. Also, increase funding for Innovators, developers and startups in the form of grants, mentorship, and access to resources. This will accelerate India’s contribution towards building the foundations of the metaverse and nurturing the development of XR technologies.” –Manav Subodh- Founder of 1M1B ( One Million for One Billion)

“As India stands poised to reach its target of hitting the $5 trillion mark, there is still a sizable quantum of work required to especially bridge the digital divide prevalent in the country. By facilitating deeper penetration of digital literacy and tech-based skilling, the government can ensure greater involvement of women and youth from marginalized and underserved communities to contribute to the economic growth trajectory of India. Additionally, implementing R&D work and promoting collaboration between the government and the social sector will help achieve India’s sustainability goals by 2030. In the year of India’s G20 Presidency, prioritizing women-led entrepreneurial development and building a strong ecosystem for nurturing the youth can help accelerate India to become the world’s third-largest economy.” –Nidhi Bhasin, CEO, Nasscom Foundation

“It been necessary to invest in bridging the skill gaps that have developed due to a lack of in-person learning. Teachers need to be prepared as well. This means investing in professional development and training opportunities that will help us effectively implement blended learning methods in the classroom and utilise the technology-enabled infrastructure. I am advocating for a budget dedicated towards programmes and resources that will help our students & teachers receive extra support and opportunities to succeed.” –Rishabh Khanna, Founder, and CEO of Suraasa

“The government has taken some extensive initiative in skill development and has catered to STEM education macros. However, I would recommend focusing on micro factors as well, like reducing excise duty on lab equipment used in education, and also focusing on reducing GST on kits that are made in India. Additionally, a reduction of GST on STEM courses, content, VR, and AR equipment will ensure that experiential STEM education can be made available to all.” –Ritika Amit Kumar, co-founder, and CEO, of STEM Metaverse

“The Union Budget should prioritise creating an enabling environment for education by focusing on the sector’s digital transformation. While the primary goal of the NEP is to ensure everyone has access to education, it suffers from lack of infrastructure, especially digital, in rural and semi-urban areas. We believe that there should be dedicated funds to assist educational institutions in building and scaling digital infrastructure to become hybrid learning centers. Given that India is one of the world’s youngest and largest countries, hybrid learning is the best way to ensure that quality education reaches every corner of the country.” –Ali Sait, CEO, Tech Avant-Garde

“Formal Educational Institutions, Academies, and EdTech Platforms advocate the removal of GST on any of the educational products and services for ten years. . A more profound Tech-enabled training of teachers or perhaps revitalizing the existing Diksha App to enhance the reach.”— Girish Singhania, CEO of EduBridge 

Reduce GST: Monica Malhotra Kandhari, MD, MBD group 

“GST on E – Books reduced to 5%. The idea of promotion of E Books is welcome along with a concern, the Input Credit availed for Input, Capital Goods and Input Services are charged at Higher rate, resulting into excess Credit lying in the books which will remains un-adjustable all the times. It is suggested to create a mechanism to make corresponding input chargeable at same rate. Also, The GST on education books are exempt with an idea to promote & make education economical, but on the other hand GST paid for Input, Capital Goods and Input Services are increasing the Cost of manufacturing. It is suggested to create a mechanism to make corresponding input/ input services/Capital goods etc either exempt from GST or start levy the GST on sale of Education Books to enable the manufacturer to claim Input credit.” There is also a demand from Educational Institutions, Academies, and EdTech Platforms for removal of GST on any of the educational products and services for a certain period.

 

“Budget 2023 should focus on digitisation and internationalisation of education. Concepts like smart classrooms, modern teaching techniques and online education should be at the forefront. The government should allocate more funds and greater support to building public libraries, world class research facilities and vocational training institutions. The government should also allocate a special budget for improving internet connectivity infrastructure and access to affordable 5G devices.”  —Rajiv Bansal, Director-Operations, GIIS India

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • RSS Feed
Previous Post

IIT Guwahati to host first Youth20 Group Meet 2023 from 6th to 8th Feb

Next Post

Budget 2023-24 Expectations: Need to invest more in youth empowerment

education

education

Related Posts

How to Ensure Productive Summer Breaks for Kids While Keeping Screen Time in Check
School Edu

How to Ensure Productive Summer Breaks for Kids While Keeping Screen Time in Check

by education
May 25, 2023
Periodic Assessment and Accreditation of all HEIs is in for big reform, by December 2023 India will have a new accreditation system in place of NAAC & others
Higher Edu

Periodic Assessment and Accreditation of all HEIs is in for big reform, by December 2023 India will have a new accreditation system in place of NAAC & others

by education
May 23, 2023
New Study Reveals 91% of Indian Businesses are Considering Ways to Use Generative AI
Spotlight

New Study Reveals 91% of Indian Businesses are Considering Ways to Use Generative AI

by education
May 19, 2023
Draft NCF for School Education released for stakeholder feedback early this month is detailed and micro-managing
Spotlight

Draft NCF for School Education released for stakeholder feedback early this month is detailed and micro-managing

by education
April 24, 2023
BaSE: Bharat Survey for EdTech’ by CSF says an opportunity exists to integrate edtech into schooling system for learning
Spotlight

BaSE: Bharat Survey for EdTech’ by CSF says an opportunity exists to integrate edtech into schooling system for learning

by education
April 20, 2023
Next Post
IIT Madras Students’ Raftar Formula Racing Team unveils its first Electric Racing Car

Budget 2023-24 Expectations: Need to invest more in youth empowerment

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • RSS Feed

Useful Announcements

  • All
  • Useful Announcements

University of East Anglia, UK introduces MA in Medical and Health Humanities

May 25, 2023

Uplifters announces Summer Internship Program for college students

May 23, 2023

Grand Finale of ‘The Incredible IPL SCHOOL QUIZ’ on May 23

May 22, 2023

25 Indian Scholars to receive UK-India TOEFL® Scholarship

May 22, 2023

Sightsavers India Fellowship Program Invites Applications for Promising Ophthalmologists

May 22, 2023

CollegeDekho’s Career Compass is a Free test on career choice for students

May 22, 2023

Study in Japan: a few tips for aspirants

May 21, 2023

ALLEN Career Institute announces TALLENTEX 2024

May 19, 2023

EduFund and Crest Olympiads announce Mental Maths Olympiad for school students, top winners to get scholarships

May 19, 2023

Overseas Education Fair by KC Overseas on May 21 in Gurgaon

May 18, 2023

Download current issue Not available

https://online.pubhtml5.com/jlyo/bxvr/

Monthly Magazine : March 2023

Interactive (Quizzes/Surveys)

Start Monthly Quiz
Education21

An initiative in continuation of Curriculum Magazine, Education21.in, is a platform for New India that aspires to be a valuable innovator, partner and collaborator for a just and sustainable world. Continuing with our steady and 360 degree coverage of education system and skills landscape, we are here more oriented towards learner community.

Useful Links

  • About us
  • Team
  • Contact
  • Editorial opportunities
  • Subscriptions
  • Job Opportunities
  • Features

Important Links

  • Blog
  • Archives
  • People
  • Careerwise
  • Resources
  • Downloadable
  • Old issues

Newsletter

Subscribe to our mailing list to receives daily updates!

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • RSS Feed

Copyright © 2020 All rights reserved. Education21.

No Result
View All Result
  • Home
  • Latest
  • Spotlight
  • Perspective
  • Interview
  • Videos
  • Events
  • Shop
  • Student Kiosk

Copyright © 2020 All rights reserved. Education21.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Cleantalk Pixel