Economic Implication of Massification In India

Abstract

“Educated differ from the uneducated as much as the living differs from the dead”. Aristotle. The world has experienced the knowledge revolution along with mass growth in the population. To keep abreast with the revolution and changing times the education system had to revamp and become inclusive to be equitable to everyone. Knowledge revolution has caused us to move from one aeon to the other, but the grotesque reality of the present time has been the disparity amongst the masses. We have moved from Moon to Mars, from huge ringing boxes of telephones to the smallest slimmest smartphones, we have moved from papyrus to kindle, yet knowledge is not accessible to everyone. We have the right to education, but has the education rightly reached everyone. The new education system with its innovations and ‘disruptions’ focus on the skills, employability and inclusiveness, but on the way of achieving it, it has lost its essence and sanctity; the so called contemporary interests. This paper focuses on the economic implications of massification in India on various parameters.