Liberalisation, Privatisation and Globalisation (LPG) and i ts Impact on Indian Education Sector

Abstract

The education system in our country is fast changing and dynamic, it becomes imperative to study the major policy changes that happened in our country which facilitated such changes in our education system. LPG reform are one those major policy shifts that has changed the whole picture of education system in our country, before these reform our country was inward looking and the avenues for student to study abroad and getting an oversees job were very less but when India embarked the journey of Liberalisation, Privatisation and Globalisation a whole new world of opportunities were made open for the students and job seekers. Many multinational companies started their operations in India or started to hire them for their oversees operation as they saw huge potential in cheap labour market of India and comparatively young population at this juncture Indian education system also demanded an overhaul to cope up with the new scenarios hence institutes of imminence started to expand themselves and their curriculum. With the increase in income of people in India we saw a mushrooming of private schools in the country as with increasing incomes parents wanted to send their ward to the school with best possible facilities and government schools were more or less side-lined.