India needs policy solution to mushrooming of coaching institutes: Congress

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India needs policy solution to mushrooming of coaching institutes: Congress - Business Standard

Quick Summary:

Congress general secretary in-charge communications Jairam Ramesh said data provided by the Department of Higher Education to the Rajya Sabha shows that GST collections from coaching institutes have risen rapidly between 2019 and 2024, from Rs 2,241 crore to Rs 5,517 crore.

India needs a comprehensive policy solution to mushrooming of coaching institutes, the Congress said on Saturday and called for a revision of syllabi, more resources for all exam-takers and investments in the quality of education.

"Worryingly, the GST collections of Rs 5,517 crore in FY24, collected at a rate of 18 per cent, suggests a market of Rs 30,653 crore for coaching institutes annually.