India is one of the largest democratic country in the world. Education system in India is having a huge demand because of its quality and systematic education procedures we are following. India’s education sector is emerging fast with sparking demand for every one. Our Education system is the strongest and it will start from pre schooling age with excellent training methodologies with latest models like e-learning, Skill enhancements educational software drives, skills presentation, text books etc.Indian government is spending a huge amount for education sector for every financial year. The amount spent is utilised in various methods by considering the minority and backward class people and also for poor people facing difficulty in receiving elementary schooling. Government is providing facilities to all kinds of people and the education market is going to hit $70 billions by the end of 2012.Canon Law Society of America estimates that the total size of India’s private education market could reach US$70 billion by 2012. Private education sector has started in mid 1990′s and set up various schemes and one among them is that state governments will out source the supply of various Hardware and Software in various government and government aided schools. The funds for the out supply has been provided by central government under various schemes called ICT, SA, school programme etc. Various private companies have entered in to market With huge investments. The government is also encouraging various industrial institutes to offer academic and financial aid to private people. Many big companies like L&T, Microsoft etc are showing their interest in participation.Education system in India is regulated at center as well as at state level too. These regulations vary from state to state. we are having two kinds of educational systems in India, Central board and State Board. Central Board of secondary education is being monitored by central government and State boards have their own education board systems. The Central Board is seeking affiliation that is managing a committee which is controlled by a trust and it should have non proprietary entries with out having any vested control by any individual or others. The trust will approve budgets for the financial year and also for tuition charges etc and the donations incurred to this board will be exempted under Income tax Act as this is meant for charitable purpose for promoting education but not for pursuing the profits on it.State governments are mainly responsible for the establishment of state colleges and universities and also has power to approve the establishment of private universities as according to UGC Norms.In order to Impart Professional and technical educational system in India A group of professional councils grouped together and established a council called All India Council For Technical Education in 1987. It promotes professional institutions and gives recognition to courses which comes under undergraduate programmes and provides the standard development of Technical education in India. These regulations continues to show its influence in Indian Education System. Irrespective of all these constraints the educational sector is achieving excellent potential growth with high standards.
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