The role of innovative finance in our education sector
Philanthropy, impact investing and state efforts could deliver better learning outcomes for India
The world over, education is widely regarded as a public good. Its provision, therefore, has largely remained the realm of government institutions or private philanthropy. The notion of generating a profit from education is often looked down upon, and for several reasons. The primary criticism of for-profit institutions is that with the goal of maximizing profits, they focus on increasing enrolment, often overlooking quality learning outcomes in the process.