HomeNewsOpinionEdtech gets a warning but doubtful if it will work

Edtech gets a warning but doubtful if it will work

Many parents opted for aggressively marketed online educational help with coaching and individual counselling and paid out what were princely sums to them, only to realise not too far down the line that they had been conned

December 27, 2021 / 09:56 IST
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Indian edtech firms have raised $5.77 billion in funding in 2021 till October this year
Indian edtech firms have raised $5.77 billion in funding in 2021 till October this year

Edtech in India has grown by leaps and bounds through the pandemic when educational institutions were closed and youngsters carried on attending classes and interacting with teachers online via the internet. The edtech world is peopled by firms that deliver online and remote learning.

Explosive growth is never orderly and predictably there is a flood of anguished complaints from parents that they have received the short end of the stick and feel duped into having paid for getting next to nothing.

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Such is the level of discontent that the government has been forced to issue an advisory listing dos and don’ts for all the stakeholders, which is a kind of a warning to the firms in the sector that they better change their ways or else official regulations will follow. But it is doubtful if the advisory will work so that the sector does not require formal regulation. Indeed, it is also doubtful if even the latter will work.

It is possible to go to the root of the problem straightaway by noting that the advisory is unlikely to be of much help for those who need it the most, as they do not have the knowledge base to be able to examine the legal implications of the contracts they sign.