Know the Impact of Demonetization on School Education

Know the Impact of Demonetization on School Education

When talking about demonetization and its impact on different sectors, experts are of the opinion that the real estate, consumer goods and automobile are the highly affected industries. On the other hand, they are also of the opinion that the banking sector has a different impact as we see banks are functioning in full swing manner to meet the demands of their customers with respect to cash. Many other sectors are also affected. When sectors face negative impact, there are some sectors that have more of positive outcomes as compared to negative impact. For instance, when we consider the school education sector, this sector is expected and is also experiencing some positive things as compared to negative outcomes.

Education Sector:

Education is one of the important sectors in India and particularly, the government pays better importance to school education with a view to eradicating illiteracy. This is why education is made compulsory up to 14 years in the country. It is also made compulsory that companies that hire child labourers will be facing huge consequences. When school education is given much importance by the central government, there are obviously many positive effects of demonetization in this sector. Let us explore such positive and also negative outcomes of this move by the central government on school education:

Positive Impact:

As the schools that demand huge capitation fee and the donation towards admissions are greatly affected due to demonetization, they will not find difficult to get donations as they cannot accept the old Rs.500 and Rs.1000 notes. Even though this is a negative thing from the point of view of educational institutions, it is actually something positive for parents, who cannot pay huge donations to enrol their kid in a big school.

Some private schools, particularly those follow the central and international syllabus with huge popularity among public charge a donation of around 40-50% more in cash. Now, with demonetization, they will be at a difficulty to gather this type of huge cash, which is, in turn, beneficial for parents, who cannot afford.

In short, demonetization is a move that will make school education at even good schools affordable for parents, who come under middle-income group and cannot pay huge donations towards getting a seat for their child in a big school with excellent academic records.

After evaluating the positive outcomes that will be experienced by school education sector due to demonetization, it becomes important to evaluate the negative impact as well.

Negative Effects of Demonetization:

Even though the donation collection will be curbed by schools, it will not last for long. Once the initial troubles associated with demonetization are over, they will start collecting huge donations for providing a seat in their school for a child.

In addition, it is also expressed by some social activists that there are chances of reduction in the quality of education, as schools cannot collect donations that they use for procuring different educational resources.

Furthermore, as the schools cannot pay a huge salary to teachers, this, in turn, may have an impact on the quality of education offered by the institution.

Conclusion:

In short, demonetization is actually a positive move as far as the school education sector is concerned. Parents are recommended to begin their search for the right education institution for their kid now, such that they can get an admission to a good school without having to pay huge donations. The schools now are hesitant about quoting their donation as they will be at risk if they get old cash notes. They cannot also get new notes as people cannot withdraw after a specific limit from their bank account.

 

 

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Comments

0 # Aarav 2017-05-31
Hii, my son is pursuing class 5th from Koderma, he want to prepare for JNVs, What is the pattern of Jawaharlal Nehru Vidyalaya Selection Test (JNVST)?
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0 # Jagan 2017-06-01
Hello, good to that your child is studying from Koderma, For admission to the class VI, the test will have questions under three sections namely mental ability, arithmetic and language, Weightage is 50%, 25%, and 25% respectively for each of these sections.The time allowed is 60 minutes, 30 minutes, and 30 minutes respectively for each section.
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0 # Priyansh 2017-05-29
Hii, my neice is studying in good school of Lakhimpur, plz tell me What is the eligibility requirement to apply to JNVST for class VI?
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0 # Jagan 2017-05-30
Hii, As you are from Lakhimpur, I would like to tell you Only candidates from the districts where a JNV school is present can apply to the test, Those applying for the test must be doing their class V in a government or government-aided school or even from a school under open schooling system, Also, the applicants must be between the age group of 9 and 13 years.
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0 # Tushar 2017-05-29
Hello I am from Kanchipuram, can you plz tell me What is the admission procedure in Navodaya Vidyalayas for different classes?
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0 # Pallavi 2017-05-30
Admission to all Jawahar Navodaya Vidyalayas (JNVs) is done based on merit secured by applicants in the entrance test called as JNVST, other good schools in Kanchipuram are - Good Earth School Somangalam ; Beta Matric HR.Sec.School
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0 # Aayush 2017-05-28
Hello I am from Valsad, can you plz tell me What is the admission procedure in Navodaya Vidyalayas for different classes?
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0 # Mukesh 2017-05-29
Admission to all Jawahar Navodaya Vidyalayas (JNVs) is done based on merit secured by applicants in the entrance test called as JNVST, other good schools in Valsad are - Atul Vidyalaya
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0 # Vivaan 2017-05-21
Hii, I am from Moga, plz tell me What is lateral entry admission in Jawaharlal Nehru Vidyalaya schools?
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0 # Pallavi 2017-05-22
Hello, good to see that you are from Moga, With a view to making the best use of the infrastructure and facilities available in these schools, the Samiti has been filling up the vacant seats in class IX and XI through an All India Level Selection Test, the district-wise details of vacant seats are notified through local newspapers for which candidates can apply.
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0 # Aarush 2017-05-13
Hii, my son is pursuing class 5th from Siliguri, he want to prepare for JNVs, What is the pattern of Jawaharlal Nehru Vidyalaya Selection Test (JNVST)?
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0 # Mukesh 2017-05-14
Hello, good to that your child is studying from Siliguri, For admission to the class VI, the test will have questions under three sections namely mental ability, arithmetic and language, Weightage is 50%, 25%, and 25% respectively for each of these sections.The time allowed is 60 minutes, 30 minutes, and 30 minutes respectively for each section.
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0 # Aarush Older than three months
Hii, I am from Shahdol, plz tell me What is lateral entry admission in Jawaharlal Nehru Vidyalaya schools?
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0 # Pallavi Older than three months
Hello, good to see that you are from Shahdol, With a view to making the best use of the infrastructure and facilities available in these schools, the Samiti has been filling up the vacant seats in class IX and XI through an All India Level Selection Test, the district-wise details of vacant seats are notified through local newspapers for which candidates can apply.
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0 # Jayesh Older than three months
Hii, I am from Cuddalore, plz let me know To which board are Navodaya schools affiliated to and do all states have NVs in India, also suggest good cbse schools here?
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0 # Shruti Older than three months
These schools are affiliated to the Central Board of Secondary Education,CBSE NV schools have branches all over India except in the state of Tamil Nadu, find some good schools in Cuddalore- Mount Litera Zee School ; Krishnasamy Vidyanikethan ; Mahatma Gandhi International School ; Roots International school
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0 # Aayush Older than three months
Hello I am from Bhopal, can you plz tell me What is the admission procedure in Navodaya Vidyalayas for different classes?
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0 # Shruti Older than three months
Admission to all Jawahar Navodaya Vidyalayas (JNVs) is done based on merit secured by applicants in the entrance test called as JNVST, other good schools in Bhopal are - Billabong High International School ; The Sanskaar Valley School ; Exellent School ; Gyan Jyoti Academy High School
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0 # Rohan Older than three months
Hii, I am from Arwal, plz let me know To which board are Navodaya schools affiliated to and do all states have NVs in India, also suggest good cbse schools here?
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0 # Shruti Older than three months
These schools are affiliated to the Central Board of Secondary Education,CBSE NV schools have branches all over India except in the state of Tamil Nadu, find some good schools in Arwal- Brjd Public School ; Royal Senior Secondary School ; Gyan Ganga International School Jabalpur ; Montfort Academy
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