- Byjus is changing the way people looks at education
- integrating tech and education will result in more awareness
- Tech integrated education will push the economy system of the country
With a consistent GDP 7% plus growth, India is the fastest growing large economy in the world. We have a very young population with over 50% of our citizens below the age of 25. India also has the largest school system in the world with over 270 million children enrolled in schools. In fact, by 2020, India will have the youngest population in the world. With an average age of 29, and is all set to enjoy the demographic dividend. Byjus App wants to make all these stats count.
While these statistics are very encouraging, it is important that as a nation, we invest in human capital to create a productive workforce. Demographic dividend is a double edged sword; a sub-optimally educated unemployed youth can be a recipe for disaster.
In the face of globalization, technological advancement and high-level automation, it is only through right education that we can prepare for the unseen jobs of tomorrow.
True meaning of education in Asia
Most Asian economies including India, education is considered as the best means to making it big in life. In fact, education ranks as the third most important expenditure for families after food and shelter in India. While enrollment in schools and colleges has steadily increased over the years, the quality of pass outs has been largely mediocre. Multiple reports state that the job readiness of our youth is incompatible with the requirements of industry. According to the All India Council for Technical Education, more than 60% of our engineering graduates remain unemployed. But why this gap in employment even though there is a huge supply of jobs in India?
Our education system still faces core issues like lack of access to quality teachers, one-size-fits-all approach and rote memorization. These act as a huge hurdle in realizing the true potential of the young. We can solve these issues at scale only by embracing technology as an enabler. Integrating technology in education will help students’ access quality education irrespective of their geographical locations and proficiency levels.
Right education is the conclusion