Both the private sector and the public sector finance the education in India. The funding and control comes from three levels, it comes from the local financing, central financing and state financing. There are various rules on if education should be free and/or compulsory in India. As a general rule, it is the fundamental right of people aged between 6 and 14 to have compulsory education.
India has now got more people in primary education than it used to have. The rate of literacy in the country is roughly at 75%, which is not bad for one of the most populated countries in the world.
The Indian education system is cited as one of the reasons why India has seen such economic development over the last few years. Things such as learning English have really helped to put a lot of people into work. There are many public institutions that are churning out thousands of qualified students that are ready to work right away. There is a lot credit that should go to India institutes that study science, as that has helped improve the economy in India over the last few years.
There are a lot of private schools in India, and they compliment the public school system. Of the people in secondary education, there are 29% of students that receive private education. These are students between the ages of 6 and 14. There are many post-secondary technical schools that are private too.
The private education market in India is worth a massive 450 million US dollars, though if the figures keep going up the way they do, then it will not be long before it is a US$40 billion market.
The 2012 report in India shows that over 96.5% of rural children are enrolled in school between the ages of 6 and 14 years of age. This is the fourth time in as many years that there has been a rate of 96%+ of rural children enrolled in school.
The 2013 report said that there were 229 urban children enrolled in accredited schools. There are accredited urban and rural schools in India, and the fact that there are 229 children in the schools in 2013, shows that there has been an increase of 2.3 million students enrolling since the year 2002. There has also been an increase of 19% in how many girls enroll in school and attend school.
The quantity of India education is okay at the moment, but there are many schools that are simply not good. At any one time there is 25% of the staff missing either through illness or general absence. The Indian government has started testing to see which schools are doing well and which are failing. There is a hope that the state of schools will improve so that students may get a good education no matter which schools they go to. More regulation is needed if all Indian students are going to get a fair chance at a good education.