Hey!
Did you know:
Yes! The EdTech market is growing; though offline schools may come into prominence this year, the EdTech sector is still projected to stay strong and reach $7.3 Trillion by 2025, while the global EdTech market is expected to grow at a rate of 130%, for 2022.
With this rapid growth in the EdTech sector, there are specific policies and compliances that the Indian Government has set for 2022 to ensure the integrity of the market segment and avoid the exploitation of students who wish to enhance their knowledge through readily available and accessible resources.
Major key Indian EdTech market players have set up a consortium to constantly ensure that new-age and existing companies are practising as per the EdTech regulations and that the guidelines are in place and updated. The Indian Government has also ensured that students can easily use the credits system to pursue their education from recognised universities and has also come up with policies to ensure that students are pursuing their education from institutes and not via correspondence through EdTech firms that the UGC does not recognise.
The Indian Government ensures that the EdTech firms and players are in check and students benefit the most from this rapid advancement and economic boom in the country.
To know more about these regulations and compliances set up for the EdTech sector for 2022, download our e-book and understand why these regulations are necessary, what the measures are, and how one must abide by them.