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The New Education Policy (NEP) 2020 is meant to maximise the advantages of digital and online education in India while mitigating the downsides. The new education policy has accompany some initiatives comprising Pilot studies and installation of virtual labs.
Interesting facts about Online education in India
Online education market in India was worth $ 247 million in 2016, which is predicted to grow about $ 1.96 billion by 2021. that’s a compound annual rate of growth of 52%.
The number of users enrolled for various online learning courses is estimated to be 1.6 Million in 2016, Which is predicted to grow about 9.6 Million by the top of 2021.
It is estimated that there’s a 175% increase within the cost of classroom education, this provides online education more preferred because it’s cost effective.
Nearly 48% population in India between 15–40 age bracket with high aspirations but lower income may be a good target marketplace for online education. And, the acceptability of online channel is high within the younger demographic.
These factors clearly show the involvement and future potential of online education in India. Now let’s discuss a number of the benefits and drawbacks of online education over traditional education.