Introduction: Education is often regarded as the foundation for a successful and prosperous future. Parents work tirelessly to provide their children with the best possible education, believing it to be a gateway to a brighter tomorrow. However, in recent years, the cost of school fees has escalated at an alarming rate, causing significant financial strain on families. This blog aims to shed light on the commoditization of education in India and the role played by Big EdTech firms in exacerbating this issue. The Soaring Costs: The increasing school fees in India have reached unprecedented levels, leaving many parents concerned about their ability to afford quality education for their children. For instance, with school fees amounting to a staggering 3.8 lakhs, which exceeds the median annual salary of an IT fresher, it is evident that education expenses have become exorbitant. While there are more affordable schools available, many parents strive to give their children the best educati
Introduction: In recent years, India has emerged as a global powerhouse in the field of technology. With a vast pool of talented individuals and a growing startup ecosystem, the country has witnessed significant strides in the IT sector. However, when it comes to product innovation, India has often been overshadowed by other nations. In this essay, we will explore the factors that have limited Indian product innovation and discuss how we can foster a culture of creativity and entrepreneurship to unlock the potential for groundbreaking products made in India. Education and Skill Development: One of the key factors that have impacted product innovation in India is the traditional education system, which has historically focused more on rote learning rather than fostering creativity and critical thinking. To foster innovation, it is essential to revamp the education system and introduce curriculum reforms that emphasize practical problem-solving, interdisciplinary learning, and entreprene