Advances in EdTech have helped students from kindergarten to Class XII, college-goers and professionals
The Indian schooling system is one of the largest in the world, catering to over 360 million students attending 1.3 million schools, with over 15 million appearing for competitive exams every academic year.
Over 50% of India’s population is youth-driven, contributing to as much as 54.2% of the Gross Domestic Product (GDP).
The pandemic has pushed classrooms online, reaching out to students and aspiring professionals in the most remote parts of the country. In fact, during the pandemic itself, 92 EdTech players have received funding, of which 61 companies have received seed funding catalysing the process of overcoming the skill gap on an almost urgent basis.
Today, owing to the advances made in the EdTech space, students from kindergarten to 12th grade (K-12) and other segments, including college students and working professionals, have leveraged the EdTech space to their advantage.
Take Coding for instance. Heightened demand for the course was witnessed during the pandemic. Coding, earlier pursued by adults, is now taken up by a lot of technologically inclined kids as it has not only helped them understand the nuances of programming better, but will also enable them with logic, problem-solving, maths and a lot more topics in the future. Parents have gone onward to state that learning to Code has helped children better with their overall academic prospects in more than one way.
Keeping up with the growing needs of upskilling and reselling, prominent EdTech institutions have placed India on the global map yet again by accelerating the pace in the way of incorporating advancing tech, positively transforming the education landscape.
Credits can be attributed to 5G, which will enable EdTech to revitalise itself to its fullest capacity, delivering students and professionals alike to a heightened experience of learning. The advanced blend of enriched multimedia features such as Augmented Reality and Virtual Reality will refurbish the overall education experience.
The COVID-19 pandemic has made it apparent that education is going to mark itself as an omnipresent entity even for working professionals in the future. While upskilling and reskilling were only considered as advantageous in the recent past (just before the pandemic), today it has become the need of the hour both for students and working professionals.
With industries going digital, it only becomes imperative to fix the growing skill gap from the very crux. This is precisely why the National Education Policy (NEP) has also revitalised the academic syllabus from the secondary level. The courses will be more inclusive, inculcating the seeds of logic and thought, as we gradually cast away the old ways of rote learning.
The National Skill Development Corporation (NSDC), which was set up in 2008, has always aimed at promoting skill development by catalysing the development of large and quality education-oriented vocational training institutes.
The Pradhan Mantri Kushal Vikas Yojana (PMKVY) set up in 2016 deliberated towards enabling a large number of Indian youths to take up industry-relevant training that will help provide the youth with a better livelihood. The project also aims at helping school/college dropouts with fitting training measures after which they are provided with placement assistance that will help them advance their lives and careers.
With the entire education system shifting online during the pandemic, EdTech plays a vital role in introducing the youth to skilled industry mentors, and co-certified courses helping aspiring professionals to bridge the gap between the achieved degrees and shortcomings instead of getting absorbed into the workforce faster.
Innovative solutions via EdTech firms like AV Global and Virohan Ltd. handhold students right from commencing the course to successfully placing them at corporates. Other EdTech firms like EduBridge also ensure post-placement support for the next 6 months to ensure students are comfortable at their jobs.
Some of the most prominent courses charted out have been from the spheres of banking and finance as well as on computing and management streams. With industries moving onto the digital plane, it only becomes that much more essential for students to arm themselves with requisites that align themselves to the ever-growing needs of the industry.
(Girish Singhania is the CEO of EduBridge India, a Mumbai-based workforce development organisation started by a group of IIM alumni and professors in October 2009. He brings 15 years of experience across education, FMCG and Financial Service sectors)