Tag: Children

How prepared are you – Do your Homework

Posted on by Aziz Ampanwala

Planning for a Childs future in terms of education is always in the top priority whenever you ask parents, education is that framework which will secure a Childs future and that’s why the emphasis on quality education is a set benchmark with parents who are willing to invest in their Childs education. Now talking about a Childs future, the basic research as a parent you would do is understand what does your child aspiration is and what does he want to become, I know that children these days get easily inspired after watching certain things  and it keeps on changing multiple times, however if we consider cost of education in any field today compared to say 1 or 2 decades, you will be surprised to know the inflation rate in education sector has been soaring more than 300%, now that can set any parent on the back seat considering how to plan financial with such high inflation rate for Childs future.

The trend in India as we might have observed from our parents, their friends, neighborhood and society is that firstly education funds are not always the set priority and its heavily dependent upon funds from FD’s (fix deposits), inheritance funds left by grandparent for their grand children and in many cases which is common these days is education loans which I feel is more of a burden which creates pressure for both parent and child.

I would give a fair share to my parents for providing me quality education, they definitely understood that education is a must for a brighter future and kept saving from the very beginning, however the saving were not enough to fulfill the complete fees and we had to opt for other resources however the intend was always there.

We are now an educated bunch of youth developing in India and we sure know the importance of Education but what we lack is the understanding somewhere about what could be a healthy and profound solution of saving for our child’s education? Mutual funds! How does that sound? Yes, with the ever growing and developing market, mutual funds investment has that right algorithm to fight the mighty inflation, as the investment grows and evolves with market at a brisk consistent rate.

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Lately an initiative was conducted in many cities of India at Crossword and KidZania on-ground activation for NEW INVESTOR EDUCATION AWARENESS CAMPAIGN – #DoYourHomework by Axis Mutual Fund to better understand the parent and child relation in terms of aspiration sync, apart from that information regarding parent’s ideas and opinion on education savings for their children were also taken as a crucial parameter.

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Considering the data and research parameter from the campaign, Axis Mutual Fund came up with some healthy pointers and useful details in their micro-site do your Homework, if you browse through you will come across a custom made market ready calculator that will help you plan your Childs future, apart from that you can also download The Homework App, a space that will make you think and get guidelines on how mutual funds can be beneficial if investment is started from a early age of the child and multiple market aspects as well.

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Lets Join Hands and Support My School

Posted on by Aziz Ampanwala

Education system in India is still in the developing stages, we might be aware that Education in the rural parts of India has not reached its potential, there are many struggles and reaching out to them in the remote areas is a task that Government is taking up steadily, however the pace is slow and not effective considering the infrastructure, teaching quality and hygiene is concern. Thou there are many NGO’s working on this system to be more effective so that the rural parts get their share of fair Education and infrastructure, but even they are tied up when it comes to getting the necessary funds required to furnish these basic needs, as per Article 21-A of the Constitution of India and its consequent legislation, the Right of Children to Free and Compulsory Education (RTE) Act, 2009 became operative in the country on 1st April 2010 and this has lead to promising future for Education in the rural parts of India.

If we look at the ASER (ANNUAL STATUS OF EDUCATION REPORT) report of 2014, there are statistics which shows that only 75% of schools have provision for drinking water, however how clean the water is for consumption is a broad question, some other interesting finding from the report states that usable toilets for boys are only 65% for boys and 55.7% for girls. If we talk about playground in these schools, you would be surprised to know that only 65.3% of them have space for playgrounds, which clearly shows that there is a definite need for improvement in these grey areas of schooling for kids in the rural areas.

** Note (The data of ASER ( ANNUAL STATUS OF EDUCATION REPORT) report of 2014 was conducted all around India from 577 rural districts – 30 randomly selected villages in each district -20 randomly selected households per village – All children age 3 to 16 in the household.

The other major concern due to lack of basic amenities like clean water, hygiene, proper toilets for girl child specially is the drop outs rates are accelerating  significantly and there are less enrollments in these Govt run schools, as the stats shows a dip from 6.95% (2013-14) to 14.77% (2014-15)

Talking about the need for some action to be taken for revamp of schools in rural India, Support my School a programme run by Coca-Cola India & NDTV in association with the UN-Habitat, Charities Aid Foundation (CAF) aims to revitalize 1,000 schools in the country, the program undertakes the following core activities:

  • Provision of improved access to water
  • Appropriate sanitation facility for girls and boys
  • Improvement in the overall school infrastructure and environment
  • Provision for sports and recreation facilities and
  • Recharging groundwater through rainwater harvesting

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With such necessary amenities in place, schools are able to provide a cleaner and healthier environment more conducive to learning.

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Support My School is a WASH (Water, Sanitation and Hygiene) initiative that aims to improve basic amenities in government schools like separate toilets for boys and girls and access to water. The Campaign is also committed to developing the overall infrastructure like playground and a clean environment to encourage a holistic learning environment. The Schools revitalized under the campaign have served as model schools in several districts and have led to enhanced community engagement and higher emphasis on attendance and enrollment.

You can also join hands and support in this cause along with NDTV MISSION 1000.