Education And Human Resource Development - 2895 Words

â€Å"Education and human resource development in post -independent India: An explanatory note.† ABSTRACT Education in India is matter of prime concern for the government of India. India holds an important place in the global education industry. India has one of the largest higher education systems in the world. However, there is still a lot of potential for further development in the education system. India has become the second largest market for e-learning after the US. The Government of India offering both formal and informal training programmes at different levels in order to develop the human resources. Education sector has seen a host of reforms and improved financial outlays in recent years that could possibly transform the country†¦show more content†¦Currently, higher education contributes 59.7 per cent of the market size, school education 38.1 per cent, pre-school segment 1.6 per cent, and technology and multi-media the remaining 0.6 per cent. Higher education system in India has undergone rapid expansion. Currently, India’s higher education system is the largest in the world enrolling over 70 million students while in less than two decades, India has managed to create additional capacity for over 40 million students. At present, higher education sector witnesses spending of over Rs 46,200 crore (US$ 6.78 billion), and it is expected to grow at an average annual rate of over 18 per cent to reach Rs 232,500 crore (US$ 34.12 billion) in next 10 years. India’s IT firms are working with academic institutions and setting up in-house institutes to groom the right talent as these companies move to Social Media, Mobility, Analytics and Cloud (SMAC) technologies. The education and training sector in India has witnessed some major investments and developments in the recent past. Some of them are: †¢ The Government of India aims to increase digital literacy to at least 50 per cent of Indians from currently 15 per cent over a period of next three years. †¢ Training and skills development firm NIIT has partnered with US-based edX to offer online courses from leading international universities including MIT and Berkeley to about 5 lakh people over the next three years. †¢ Byju’s, an education technology start-up, hasShow MoreRelatedFormal Education And Human Resource Development1888 Words   |  8 Pagesnothing is that simple. Formal education is necessary for many different careers today. This education gives graduates a base of knowledge for entry level positions in their career fields. At that point new employees have to figure out how to use the theoretical principles they learned in college in practical applications in their industry. This is not an easy task for many career fields, especially one such as Human Resource Development (HRD). 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It mainly materializes itself in mushrooming private schools, public and private universities and at the high education level. In a sense, it has added a financial element to the qualifications of attending private schools and public and private universities. Undoubtedly, it affects millions of families. As a resultRead MoreTraining and Development in Hr922 Words   |  4 Pagesskills, abilities and knowledge to an employee. For an organization, training and development are important as well as organizational growth, because the organizational growth and profit are also dependent on the training. But the training is not a core of organizational development. It is a function of the organizational development. Training is different form education; particularly formal education. The education is concerned mainly with enhancement of knowledge, but the aims of training are increasingRead MoreHuman Resource Managers And Od Practitioner1486 Words   |  6 PagesThe role of Human Resource Managers OD Practitioner is rapidly growing. Businesses are growing bigger and Human Resource Managers personals are in high demand, not to only be HR managers but to also take the role of an OD Practitioner. Human Resource Managers must know its their tasks and being able to lead a large group of people in the right direction. These professionals are being forced to take the role of an OD Practitioner and to not forget the role they we’re once in because both roles accompany