Economics · Ch 12 — Human Capital Formation in India
Education Sector in India
Education Sector in India
Work This Out — objectives of NCERT, UGC, AICTE, ICMR
Identify the objectives and functions of the National Council of Educational Research and Training (NCERT), the University Grants Commission (UGC), the All India Council for Technical Education (AICTE) and the Indian Council of Medical Research (ICMR).
The education sector in India can be understood by looking at how much the government spends on it and at how much the population has actually achieved in schooling.
Two ways of measuring government spending. Education expenditure by the government is expressed in two ways: as a percentage of total government expenditure, which shows how important education is among all the things the government spends on, and as a percentage of Gross Domestic Product (GDP), which shows how much of the nation's income is committed to developing education. …