During school holidays children in India are traditionally looked after close to home and at minimal cost. It’s one advantage of living in an extended family with a never-ending supply of aunties, eager to spend a day pinching the cheeks of your children and keeping them well fed.
But as the country develops, that seems to be changing. Parents are increasingly keen to get their children out of the house and into productive activities. India’s summer camp industry is expected to be worth Rs10bn ($179.9m) by the 2017-2018 year, up from Rs4bn today, according to Assocham, the Associated Chambers of Commerce and Industry of India. Continue reading »
A visitor recently put it succinctly: “Why does everyone here want to be an engineer?”
It was an unwittingly incisive observation. Engineering is traditionally considered a “respectable” degree in India – a route out of poverty and into a well-paid job. But there may be fewer of those jobs to go round. Continue reading »
What do Narayana Murthy, the co-founder of Infosys, Rajat Gupta, the disgraced former chief executive of McKinsey, and Arvind Kejriwal, leader of India’s Aam Aadmi Party, have in common?
They all graduated from the renowned Indian Institutes of Technology (IITs). But would these men have reached positions of power without an IIT education? And could they have enrolled if IIT’s tuition fees were significantly higher? Continue reading »
Indian students sitting down to take the Common Entrance Exam that may grant them entry to one of the country’s top MBA programmes this autumn will likely find themselves surrounded by far fewer fellow test takers. The number taking the test has fallen nearly 28 per cent since 2008, to around 200,000 this year, according to Mint newspaper.
In 2009, as the global financial crisis caught up with India, and management degrees became less attractive than a steady job, the number of students appearing for the test began dropping, and for the past two years, it has remained just over 200,000. This despite the fact that there are now 13 prestigious Indian Institutes of Management, as opposed to seven. Continue reading »