The immediate virtual foundation that EdTech created introduced a wave of technology that encourages every member involved in the education dynamic to upskill and empower themselves. The government of India has tried to promote EdTech and the introduction of ‘the national education policy,’ which focuses on extending. Tier 3 and 4 cities still struggle with online education due to tech-based infrastructure challenges.
The industry’s primary demand is lowering GST on online learning and resources for a fair and equal system for offline and online education providers. The government has taken the extensive initiative in skill development and catered to STEM education macros. India has been the epicenter of the edtech revolution for the past couple of years. There are very few educies that can produce industrial-ready people. More than 15 lakh engineers graduate in India annually. About 1% of aspiring engineers attend an IIT, which is essential to the rest of the software developers.
Education can only be implemented with the government’s help through a directed focus on the matter. Creating standardized, updated curriculums may not solve the skills gap blighting the tech sector today. Education services are levied 18 percent of GST, which can significantly deter the widespread acceptance of online learning and upskilling. Encouraging more students to take up their course of interest with reduced and subsidized interest rates on such loans is essential for their optimal growth and development.
