India ready to become বাজার 313 billion education and skills market by 2030: report – Times of India

New Delhi: India will soon become a $ 313 billion online education market, with the epidemic contributing to an unprecedented leap in the growth of online education and employment skills in the country, according to a new report.

The report, titled “Investing for Impact: Education, Skills and Adtech”, outlines 10 disruptive investment concepts that could help Indians make a transformational approach to their education as well as post-education skills and training facilities and catalytic newcomers. Age education and training technology.

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It paves the way for the development and building of human capital in line with the demands of the 21st century education and job market. “Even though the epidemic has made an unprecedented leap in the growth of online education and employment skills in the country, India is set to become a $ 313 billion online education market soon,” said a report released by Aspire Circle, a non-profit forum. Social leadership in India through fellowships and research.

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The 10 concepts identified in the report are technology-enabled K-12 education, online exam preparation platform-led inclusion and affordability, complementary and extracurricular education, teacher training and development, affordable education loan platform, gig economy and unbanded. Microtasking, affordable student housing, innovative funding for education and skills, micro and alternative certifications for employment skills, and social and psychological education.

“During Covid-19, about 150 million girls were directly affected by school closures, and about 90 million girls across rural India without any significant educational opportunities,” said Safina Hossain, founder of Educate Girls.

“If these girls are provided with technology-driven access to quality education, supported by an affordable education loan platform, student accommodation, extracurricular and supplementary education, and adequate investment in social and psychological education as outlined in this report, it will go a long way. To unlock the effect that is needed right now, “he added.

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It was the second in a series of reports by Aspire Circle as part of a larger program to create “100 Impact Ideas for Inclusive Growth in India”.

“The top 10 concepts of education and skills in the 21st century are at the crossroads of technology and impact. India’s education and skills market will double this decade, from $ 180 billion in 2020 to $ 313 billion in 2030, creating and impacting five million growing jobs.” We hope investors, entrepreneurs and policy makers will join our research-based recommendations to help India truly realize its demographic dividend, “said Amit Bhatia, founder of Aspire Circle.

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