Why it’s the right time to invest in education?
In the 21st century, it is of utmost importance for nations to not only realize the importance of education but, also proactively invest in the education sector in order to succeed. The information age, that we are living in today demands us to plan out our economies in such a manner that they pay us the best of results in the future. This has already led to a noticeable change in the budget plans & priorities of governments across the world. More & more economies are investing in the education sector these days as it is no longer just a fundamental driver of personal development but, also plays a very important role in building the nation as a whole. Especially, one talks about India in particular, on one hand when the government is trying to push the cause of education through its schemes, there are also many private institutions which are surprising the world with their brilliant performances. MEMPL, the famous school franchise being the flag bearer of this change just opened 11 schools in just a short span of 1 year, giving the gift of education to so many children. They realised the multi-dimensional benefits of investing in education & set a benchmark for everyone who believes in the reformative power of education.
On one hand, where education puts people on the path to attain a better lifestyle, it also adds significantly to the economic growth of the countries. Evidence shows that, on an average, each additional year of education boosts a person’s income by 10 percent and increases a country’s GDP by 18 percent. These are some of the economic factors which have contributed to the growth of the education sector, but we are still far away from what is actually needed.
The world population is growing rapidly that we need to come up with more & more institutions which are well equipped to provide & prepare our future generation with the right kind of opportunities & training. Hence, the need of the hour is not to just come up with educational structures but also smart institutions which are well equipped to face the challenges of tomorrow.
We need to make sure that our students are well prepared & well trained to face the challenges of tomorrow and take the nation along with them on the path of progress. In order to ensure that this happens, we also need to focus a lot on the elementary education of our nations, for school education plays a very important role in laying the foundation of a better future.
To conclude, we can say that we need to invest in education today so that our future is safe tomorrow.