Under-financing education and the rise of the private sector: the case of India

The global context for education finance The post-2015 global education agenda is being framed within a crisis of funding. The more impassioned among us may even call it a scandal. Six out of 10 bilateral donors to basic education cut their aid between 2010 and 2011, which has reportedly stagnated since (UNESCO, 2013). As a result, what was reported to be a $USD 16 billion annual funding gap for basic education just three years prior (in 2010), has risen to $26 billion if we are to reach the ...