We want to pay them!!

And yet, instead of encouraging people to set up more schools—public, private, not-for-profit, for-profit, how does it matter?—we’re trying our best to kill private schools thanks to the onerous Right to Education Act which specifies the size of rooms in schools as well as the salaries to be paid to teachers. As a result of what we’ve done to restrict growth on one ground or the other, while the private education business is estimated at around $40bn today, the amount spent by Indian students abroad is around $6-8bn! Imagine what we’d do for education, and India, if that kind of money was spent here instead.