Role of Education Sector in The Economy

Education is the key to economic development. It can be considered as the road to success. Education helps improve the productivity and creativity among individuals. it helps them think out of the box ideas. Education enriches the people’s understanding about themselves and the world better. It helps build confidence and promotes rational thinking. Franchise in education sector is a relatively new concept, which is gaining popularity at a fast pace.

In India there is a vast portion of the population who is unemployed and are searching for a job. India is in severe need of entrepreneurs, who are job creators and not job seekers. Employers complain many candidates have a degree but not the skills needed for the job. A good education system not only helps people gain the necessary skills, knowledge but also the motivation to be an entrepreneur. A school franchise is the easiest way to start a school.

The demand for renowned schools is increasing rapidly as people are becoming aware of its importance. When the foundation is good building ahead gets easier. Similarly, a good primary school helps build a foundation for the further education. It teaches the child the concepts and its applicability.

When the people of the country are educated, they become responsible citizens. It promotes thinking and creativity in the young minds. Primary school franchise is India is gaining popularity due to these factors. They become more aware of their rights and improve the standard of living. The Government can utilise its resources on productive investment like building infrastructure, improving technology, research and development and not on ways to educate the people. An educated society can adapt to the governance and prosper faster as compared to uneducated society. The burden on the ruling authorities reduces and can prosper easily.