Defence Minister Mr. Rajnath Singh recently highlighted the growing role of the private sector in India's economy, emphasizing its crucial contribution to steering the nation’s economic progress. Speaking at the inauguration of a new Sainik School at Shri Bhawani Niketan Public School, Singh noted that these schools are being established under the Public-Private Partnership (PPP) model, marking a significant shift from the traditional approach where the central and state governments jointly managed these institutions.

During his address, Singh stressed that Sainik schools are designed to instill values such as discipline, patriotism, and courage in students, thereby giving a fresh direction to society. He pointed out the changing economic dynamics in India, where the private sector is increasingly taking the lead in both manufacturing and services, while the agricultural sector continues to employ over 50% of the workforce.

Expressing confidence in the PPP model in education, Singh stated that it will leverage the strengths of both the private and public sectors to provide the best education for future generations. He emphasized India’s historical focus on education across various fields, including science, mathematics, astronomy, and the arts. He believes that the New Education Policy will play a pivotal role in shaping an empowered generation of students equipped to contribute positively to the nation.

Additionally, Singh highlighted the broader role of Sainik schools in facilitating holistic development, preparing students not just academically but also socially and morally to contribute to the nation’s progress. The event was attended by notable figures, including Rajasthan Deputy Chief Minister Mr. Diya Kumari and Minister Mr. Rajyavardhan Singh Rathore.

Last year, the Union government approved the establishment of 100 Sainik schools in partnership with NGOs, private schools, and state governments, with the first schools set to begin from Class 6. In September 2023, the Sainik Schools Society signed a Memorandum of Agreement with the Shri Bhawani Niketan Shiksha Samiti to establish the new Sainik School, representing a step forward in enhancing educational infrastructure in India.

For further updates on similar issues and investment opportunities, explore the Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay informed with the Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News- Finance Saathi.

Join our Trading with CA Abhay Telegram Channel for stock market trading insights and the Finance Saathi Telegram Channel for regular updates on share markets and IPOs.

Start your stock market journey by opening a free demat account with Choice Broking FinX.