Private investment in Education Sector ...... Should Nepal replicate the Indian model
- In India- "The human resource development (HRD) ministry, which oversees education, has sought expressions of interest from companies in joining the public-private partnership (PPP) project to open 2,500 schools over the next five years.Private entities will procure the land, and design, develop, operate and manage the schools, the HRD ministry said in a document outlining the proposal. The government will offer a 25% infrastructure grant and the recurring cost of education for students sponsored by it."
- Of the private school population, about 7.1 million students pay less than Rs. 40,000 in annual fees, the firm said in a recent report.
Condition in Nepal - Nepal has a poor
record by international standards, but over the past decade significant
progress has been made in terms of net primary school enrolment (81%[1]), and
secondary education enrolment (46.6%[2]).
However, the quality of education at the government-run schools has been
discouraging. For example, in terms of SLC[3] examination 2004 results, the average passing rate for private schools
students was 85% compared to 38% of students in public schools[4]. Similarly, while the majority of private schools had passing rates
in the 80–100% range, less than 7% of public schools had such high passing
rates.
Lack of quality education and educational reform in
the public school system has drastically increased the demand for affordable
private schools among the low income parents hoping for a better future for
their children. The average monthly fee in the affordable private schools is
usually under $16[1].
There are approximately 42,000 public schools and 11,000 private schools
currently operating in Nepal. While the affordable private schools expand over
time, the growth is slow due to a lack of available capital – expansion is only
fuelled by the reinvestment of school profits.
[3] School Leaving Certification (SLC) is a standardized
test and equivalent to 10th grade final examination, and the exam is
administered by the government of Nepal every Year.
[4]
Does PRIVATE SCHOOL
COMPETITION IMPROVE PUBLIC SCHOOLPERFORMANCE?,Thapa,2011
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