Page 14 - EW-January-2026
P. 14

Editorial



         EDUCATION & SKILLING NEGLECT OUTCOME                              low-productivity informal work. Their
                                                                           stagnant wages and precarious liveli-
                                                                           hoods then show up in global income
              he world inequality report   been stuck in the 3-4 percent groove.   inequality charts. No amount of post-
              2026, released on December   The country’s 1.1 million government   hoc wealth redistribution can compen-
         T10 by the Paris-based World     schools are characterized by teacher   sate for the denial of human resource
         Inequality Lab headed by celebrated   absenteeism, rote learning, broken in-  development during childhood. It’s
         economist Thomas Piketty, identifies   frastructure and rock bottom student   now well established that high-qual-
         India among the world’s most inegali-  learning outcomes.         ity primary-secondary and skills edu-
         tarian countries in which one percent   According to the Annual Status of   cation drives economic growth far
         of the population owns 40 percent of   Education Report 2024, published   more effectively than subsidies — it’s
         national wealth, and the top 10 percent   by the highly respected, indepen-  better to teach people to fish than to
         of earners corner 58 percent of national   dent Pratham Education Foundation,   give them fish. In the neighbouring
         income. The annual report has revived   which field-tested 649,491 rural stu-  People’s Republic of China, which ab
         a  familiar  tirade  within  Left-liberal   dents in the 3-16 age group, 51 percent   initio invested in foundational public
         academics and media pundits target-  of class V children cannot read class II   primary-secondary education, the per
         ing the handful of globally competitive   texts and 69 percent of class V pupils   capita income is $13,800 against In-
         businessmen as crony capitalists.  can’t solve simple division sums. Ne-  dia’s $2,132.
           In retrospect, it’s clear that the   glect of foundational primary-second-  At bottom, The World Inequality
         greatest failure of the Nehruvian so-  ary education has been compounded   Report 2026 is an indictment of suc-
         cialist development model was neglect   by chronic under-investment in skills   cessive governments’ failure to invest
         of public education, which to this day   education and training. Only 5 per-  in developing human capital. Regret-
         remains inadequately funded and ad-  cent of India’s workforce has formal   tably, despite a mountain of evidence,
         ministered. Almost six decades after   skills training qualifications as against   there seems to be minimal awareness
         the Kothari Commission (1967) rec-  China’s 26 percent, USA’s 50 percent   within the self-serving establishment
         ommended that the Central and state   and South Korea’s 96 percent.   that quality education is the great-
         governments should allocate at least 6   As a result, millions of youth enter   est equaliser and passport to upward
         percent of GDP to education, national   adulthood functionally uneducated   socio-economic mobility of the bottom
         spending  on  public  education has   and unemployable, and condemned to   90 percent.


         HUMAN CAPITAL DEVELOPMENT BLINDSPOT                               them. This despite universal aware-
                                                                           ness that the grandiose projects of 13
                                                                           five-year plans of the pre-liberalisa-
              stablished in 1895 as the Engi-  erating GDP growth which is headed   tion era foundered on the rock of im-
              neering & Iron Trades Associa-  towards 7 percent in fiscal 2025-26.   plementation by an under-educated,
         Etion, in 1992 immediately after   Perhaps influenced by neighbouring   low productivity workforce. If mere
         the country threw off the yoke of Sovi-  China’s spectacular sustained double   throwing money at projects would
         et-inspired socialism which had mired   digit annual GDP growth rate for over   make them bloom, India would be a
         the economy in the 3.5 percent per   30 years (1978-2008) driven by heavy   wealthy 21st century nation.
         year GDP growth rate rut for almost   government investment in infrastruc-  Yet fractured cognition is typical of
         50 years, the association rechristened   ture development, CII has proposed   CII. A year ago your editors proposed
         itself as the Confederation of Indian   12 percent increase in capex by the   to Chandrajit Bannerjee, the confed-
         Industry (CII). Since then because of   Central government and 10 percent   eration’s long-tenured Secretary Gen-
         its strong support to the landmark   by state governments. It also recom-  eral, that it would serve the public in-
         economic liberalization and deregu-  mends according priority to high-  terest if he endorsed EducationWorld,
         lation initiative of 1991, welcoming   multiplier sectors such as transport,   a strong advocate of close connect
         attitude to foreign investment and   energy, logistics, and transition to   between academia and industry, in
         professional  governance,  CII  has   green energy and creation of a Na-  one of CII’s routine circulars to mem-
         emerged as the most respected voice   tional Infrastructure Pipeline (NIP   bers. His advice: we should purchase
         of Indian industry eclipsing dominant   2.0) fund with a humungous capital   a members list from CII and write to
         pre-liberalisation industry rep orga-  outlay of Rs.150 lakh crore over the   each member-company individually.
         nizations FICCI (estb.1927) and As-  years 2026-32.                 With such contempt for education
         socham (1920). Therefore, when CII   These and other recommenda-  and human resource development
         issues industry reform and national   tions are undoubtedly well-consid-  — the most vital of all factors of pro-
         growth acceleration recommenda-  ered, nation-building proposals. Yet   duction — pervasive within CII and
         tions, government and all informed   unsurprisingly CII’s Budget 2026-27   other representative organisations of
         and engaged individuals pay heed.   proposals don’t contain a single word   industry, it’s hardly surprising that
           With babus of the Union finance   about education and human resource   India Inc is a pathetic laggard in the
         ministry having already started work   development. Surely it’s axiomatic   international development race.
         on shaping the Union Budget 2026-  that capital intensive infrastructure   Time for regime change in India’s
         27, on December 14, the CII secretariat   projects require well-educated engi-  most respected industry representa-
         issued its recommendations for accel-  neers and project managers to execute   tive organization.

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