Child Education
Indian Parents are well aware about education of their child. Importance of education in their and their children’s life. In a study Indian have more than 76% literacy rate. Our Children are well settled and manage worlds top class companies like Google, IBM, Microsoft etc. Data give us how sharp our children are!
Apart from that in another case study only 26% Indians complete their higher education. In US it is 86% & in Japan 59%. Even we also below Global Average which stood 38%. India stood no 4th rank where students drop their study after school education. Main reason behind this data is Lack of Fund, Inadequate Institutions, Institutions having lower capacity.
As per Study, in India Education Inflation is more than 10%.
One Question raised here
Can our traditional Saving/Investment Options beat the education inflation?