Hey friends! plzz say me the answer of these question
Q) Why is education considered the most important infrastructure of development?
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Answer:
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Education has consistently been recognised as the cornerstone of development for any country or region, and one of the highest return rewarding development activities. Education outcome is influenced by a number of factors, infrastructure being one of them.School infrastructure, its design, quality and day to day management is significant in enabling school system to deliver improved education outcomes. It broadly encompasses land and building, quality of facilities and the overall design.
And day to day management is significant in enabling school system to deliver improved education outcomes. It broadly encompasses land and building, quality of facilities and the overall design.The development of quality school infrastructure requires significant capital investment, which has increased the overall cost of construction of the school.Huge cost of construction has burdened the school operators, who have limited options for financing available, which primarily include debt.The financing options available in market come at a high cost with a capital rotation cycle of more than 5 years, which slows down the growth of the school. The regular repayments puts pressure on the school cash flows, leaving low or no surplus cash available for further growth. The reduced cash flows also impacts the valuation of the school.