In this essay I aim to argue that if the education sector is totally deregulated and the free market is allowed to operate in it, then it will bring about a transformation that will enable the Indian economy to reach its potential by liberating the human capital that is the limiting factor now.
(Previously Part 1, Part 2, Part 3.)
For the moment I will leave the matter of why liberalization of education will transform the sector and how the free market will meet the obvious challenges. For now, I will address the point about why the government will not allow the liberalization of education regardless of how urgently necessary that may be or how unimaginably beneficial it could be for the country. Continue reading “This Policy, Alone – Part 4”