Today I'm spending more than forty thousand rupees (Rs 40,000-/) to my kid's LKG course. It is just for one year. Ten years back, I have completed my four years engineering degree with in seventy thousand rupees (Rs670,000-/). If education fees are going like this, how lower and low-middle class can afford education to their kids?
I hope, it is the time, we should make common educational system. At present, each state or university is having different chapters for each subject. Telecom Regulatory Authority of India has brought many plans, which are useful to common people. Earlier we paid for incoming calls. Later it was waived off. Also the number of calls were calculated in minutes. Recently TRAI is evaluating pay per second plan. Similarly we should have regulatory for indian education system. It should not vary from one state to another state.
Indian government has imposed Education Cess Tax about five years ago. Now 3% of the tax amount is levied as education cess. I am sure, it is needed to utilize in current educational system. But I'm afraid how it is effective, after seeing high rocket college fees and school fees in every year. As per my concerns, reservation should be based on income group and concession for village people. I searched net for education cess tax details and got following two URLs. I would like to share here.
Income Tax in India
Understanding education 'Cess' pool
Saturday, November 7, 2009
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