Comment on the present impact of education system on human capital formation.
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Answer:
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Explanation:
Public education is a tool for human capital formation. In India, even as private institutions provide an option, a majority of students attend public schooling; yet, private-school students continue to outperform their public-school counterparts. Using parameters associated with Goal 4 of the Sustainable Development Goals this paper estimates the sub-national level state of public education in India by constructing index scores. It also makes a critical assessment of the national education policy space in India in the past two decades. The paper finds that Delhi is the top performing state in public education across the country, and describes the various policy initiatives and reforms introduced over the years by the state government to improve the quality of public education. The paper highlights the role of governance in nurturing public education, and makes a case for the best institutional practices that can be adopted to transform public education in India.