Ep. 09: The Profit Motive in Education
The Seen and the Unseen - hosted by Amit Varma
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The Profit Motive Is the Only Guarantee of Good Service
Jhabaha Lal Nehru said to Jayadi Tata, never speak to me of profit. It is a dirty word. His thinking percolated down to the policy environment in early independent India. And it is one of the reasons why through a panoply of crazy laws and regulations, the profit motive is effectively banned in education. Parth Shah: I find this a travesty because allowing the profit motive to my mind is the only guarantee of good service.
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