Comment by Mr Shantanu Prakash, CMD, Educomp Solutions Ltd, on Government's proposed new National Education Policy:
"We applaud the current government for setting the ball rolling on a new education policy. That this is being revisited after nearly thirty years does not take away from the fact that it has come at a critical juncture- when India is staring at a surging youth population, set to peak in 2020.
While most of the pressing concerns like re-assessing Govt. spend on education, access to quality education, innovation, research, regulation, poor ranking of our higher institutes globally and education financing etc. have been factored into the vision document, much will depend on how calibrated the Govt.'s approach to solutions will be.
The education sector is in dire need of new thinking and complementing bold/radical steps. Traditionally, in the education sector, the challenge has not so much been about knowing what to do, rather the challenge has been to have the nerve and the action orientation to do what is required.
Only then can we hope to see visible impact in the short term, since we do not have the luxury of simply planning for the long term for our large, impatient young population with their pent up hopes and aspirations."
About Educomp Solutions Limited
Educomp Solutions Limited is the largest education company in India and the only company spread across the entire education ecosystem. From schools to skills; Educomp group empowers over 22.8 million learners and educators across ~34,500 schools to imagine, think and create a better future.
Educomp's presence in each of the education verticals is marked with technology-enabled products, high quality people, structured processes and entrepreneurial leadership, that come together to deliver unmatched value. From pre-school toddlers to post graduate students, from core curriculum subjects at the school & college level to vocational & employability skills for young, about-to-enter-the-job-market adults; Educomp reaches out to the entire education life cycle.
Founded in 1994 by Shantanu Prakash, the company today has 27 offices worldwide. Currently, Educomp employs 16,000 employees across India. Educomp also runs over 209 pre-schools, 51 Brick and Mortar K12 schools, six colleges, one higher education campus, 94 Test Prep Centers, and over 5.5 million students use Educomp's online learning properties.
Educomp is credited with ushering in digital revolution in classrooms of India with the launch of its pioneering SmartClass program. SmartClass, India's largest K-12 library of rich, 3D multimedia educational content modules reaches out to over 7 million learners across over 15,000 private schools. The company also partners with state governments and reaches over 6 million learners across 11,000 government schools.
Educomp is featured in Forbes Asia's 'Best under a Billion' list among 35 Indian companies which have made the mark and many other accolades have come its way in course of its journey. The backbone of the company is its strong Research & Development team dedicated to creating quality content and serving the entire educational ecosystem.