Is our education system heading the right way?

In today's world, education is as important as the other basic needs of human being like food, clothing and shelter. It has always been accorded an honored place in Indian society. The importance of education in India is indeed rising with passing time. The development of education in India during the post- Independence period has been guided by the national goals and aspirations as embodied in the Indian Constitution. 

India has made progress in terms of increasing primary education attendance rate and expanding literacy to approximately two thirds of the population. Post-independence, with the further development of the nation, education system in India has also improved drastically. Numerous colleges and institutes have emerged all over the country to provide better educational opportunities to the students. Development of Education in India is one of the factors driving the nation towards further enhancement. The private education market in India is merely 5 percent although in terms of value is estimated to be worth $40 billion in 2008 and will increase to $68 billion by 2012. 

Though India has always been a great source of learning for many years, it still needs to improve not just on the quality of education but also on the number of people being educated. India continues to face severe challenges. Despite growing investment in education, 25 percent of its population is still illiterate; only 15 percent of Indian students reach high school, and just 7 percent graduate. As of 2008, India's post-secondary high schools offer only enough seats for 7 percent of India's college-age population, 25 percent of teaching positions nationwide are vacant, and 57 percent of college professors lack either a master's or PhD degree. 

Moreover according to a recent report, the Union Government affirmed that the nation lacks professors and about 300,000 professors are needed in India's higher education system. But for the improvement of the education system, the Government has also allocated several grants for education .In this year; Finance minister Pranab Mukherjee has announced a substantial increase of 24 percent in the education sector. Kapil Sibal, the HRD minister, has allocated of  50 crore has been made for higher education. Moreover the UGC's allocation has gone up by 26 percent and the government has made a separate allocation of Rs 10 crore to set up 374 " model degree " colleges in the states. 

But if we compare our education system with U.S., their education system always ranks among the best. They have increased their education budget in 2012 budget by 21 percent to $77 billion dollars. , do we need a revolution in our education system? Or what we can expect from the revolution? We can expect lots of changes in our education system; moreover we want best talents of the country to work in the education sector, a better infrastructure, greater investments into education, public as well as private. If we can achieve that we can really expect a better society with better education system.