DesiPundit

My prescription is simple. Allow free entry into the education business. Give absolute freedom to schools and universities to charge what they wish, to hire who they wish, to pay what they wish, and to admit who they wish. By allowing free entry in the education business, there will be no competition for the market. There will be competition in the market. Prices will reflect true costs and quality will improve.

Atanu Dey explains how liberalization can transform education in India. The two sectors of Indian economy which have been left untouched by reforms are education and agriculture. And they are among the worst performing sectors of the new economy.