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Article: Stop the 'war' against enterprise ; India has too many illiterates but too few entrepreneurs entering into the field of education. Why is this so? The answer is simple: the country is hostile territory for educational entrepreneurship.
- Article from:
- Business Today
- Article date:
- September 20, 2009
- Author:
CopyrightCopyright 2009 Business Today. Provided by ProQuest LLC. (Hide copyright information)
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India has too many illiterates but too few entrepreneurs entering
into the field of education. Why is this so? The answer is simple:
the country is hostile territory for educational entrepreneurship.
The government's 'war' against enterprise has ensured that only a
select few enter the core education sector.
The reasons for this are not too difficult to find. The education
sector is reserved for not-for profit (NFP) entities and this
ensures adverse selection by blocking conscientious entrepreneurs
who are unwilling to operate for-profit (FP) businesses under the
guise of NFP as most currently do.
Economically also, certain government strategies drive away
genuine entrepreneurs. The cap on ...