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Prior days' news: By date | Search This week's print issue Back issues: By date | Search July 3, 2008Indian Students Spend $2.3-Billion on Coaching for Some Entrance ExamsNew Delhi — An Indian industry group has estimated that students here spend $2.3-billion annually on coaching to prepare for the entrance tests to the prestigious Indian Institutes of Technology and other engineering colleges, The Times of India reported today. “The amount of money which goes to these institutions is enough to open 30 to 40 IIT’s with lots of seats that can ensure admission to average candidates,” Sajjan Jindal, president of the Associated Chambers of Commerce and Industry, told the newspaper. Mr. Jindal urged the deregulation of Indian higher education, saying that the chief beneficiaries of the current system are big coaching centers. A spokesman for the industry group said its figures were based on the assumption that 600,000 students attend coaching classes every year and that the average cost per student is $3,950. At least half the students who sit for the exams use coaching centers to beat the cutthroat competition, the spokesman said. A record 320,000 applicants took the entrance exam for the elite IIT undergraduate engineering program in April. Some 80,000 to 90,000 students go abroad for higher education, leading to a high foreign-exchange outflow, the industry group said. “If quality institutions are provided, a large number of students will stay back and contribute to the nation,” the group said, adding that private players and big industrial groups should be allowed to contribute to higher education. —Shailaja Neelakantan Posted on Thursday July 3, 2008 | Permalink |Comments
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So what is stopping the big industrial players or large private donors from making charitable contributions now?
To the best of my knowledge —- there are no restrictions —- on the opening of private institutes or making charitable contributions.
The figures seem high, however ignoring the same, I fail to see the connection vis-a-vis Coaching Centers and Additional Institutes.
What individuals spend on coaching is private individual money, it is not that Govt. funds are being used for coaching.
Are we to believe that the opening of additional institutes (whether by Govt. or Private Players/Big Industrial Groups), will result in the demise of the coaching industry?
— zahid Jul 7, 03:21 PM #
It is interesting to observe that the reputed educational institutions are opening branches in Asia and Africa. Reality, there are lots of coaching industries available for college entrance exams.
— Doris Martin Jul 8, 03:02 AM #