What EdTech Founders, Ed Leaders & Investors Say About Union Budget for Education

Union Budget on education

Piyush Bhartiya, Co-founder of AdmitKard – EdTech for higher education abroad:

"The budget has been very much in line with the latest trends and changing paradigm in the education system. We are glad that the government is promoting digital education in India. The budget mentioned the launch of a nationwide digital university, which might be the answer to the long-prevailing gaps in the higher education system. What initially started as a result of the global lockdown, has now been acknowledged as the probable solution to the difficulty of accessing higher education in the country where 65% of the population resides in the rural region. Simultaneously, stressing on Higher education will reflect in the next generation's culture and quality of skill-set in the employment market." 

Ankit Maggu, Co-Founder, Geekster – an EdTech platform that focuses on providing quality technical education:

"The biggest challenge that our youth face is the lack of in-demand skills, the reason for this is that our higher education has not been able to adapt as per the changing Industry requirements. The new-age entrepreneurs are trying to address this gap through different models making skill-based education accessible to the masses but a lot more needs to be done. The launch of the digital university is a great step, as it will increase the penetration of quality education even in the remotest areas at affordable price points. Additionally, Digital DESH e-portal will help further refine the skills of the youth making them more employable and will reduce the skill gap, benefiting both - job seekers, and employers.”

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Himanshu Tyagi, Founder & CEO of Digikull – an EdTech providing Full Stack Development Course, with pay after placement only service:

"The long-prevailing skill gap in the market was a challenge for both- the recruiters, and youth of the nation too. With the launch of Digital DESH e-portal we can expect to fill in this gap to a certain extent. The interesting part is that following the lockdown, the adoption of digital media had increased. The budget has leveraged this shift in behaviour to add to the ultimate aim of digital India. If the execution is right, we can gradually expect digital learning to become the primary education system 5 years down the line."

Pratham Barot, Co-Founder & CEO, Zell Education – a specialised EdTech that offers courses in finance and accounts:

"With the rise in online education and the constant need to upskill, the government’s decision to provide international education for courses in financial management and fin-tech is truly a game-changer. India today faces a major talent gap when it comes to qualified finance professionals. With the constant increase in demand for such professionals, this announcement will allow Indian students to study international courses in a more centralised and efficient manner. This is a win-win for both companies and students as pursuing these courses will also allow students to have higher earning potential post-graduation to kickstart their career with the right education to make them job-ready.”

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