'Do Detailed Background Check': Centre Warns On Use Of Ed-Tech Companies For Online Coaching
Writer: Snehadri Sarkar
While he is a massive sports fanatic, his interest also lies in mainstream news and nitpicking trending and less talked about everyday issues.
India, 24 Dec 2021 5:40 AM GMT
Editor : Palak Agrawal |
Palak a journalism graduate believes in simplifying the complicated and writing about the extraordinary lives of ordinary people. She calls herself a " hodophile" or in layman words- a person who loves to travel.
Creatives : Snehadri Sarkar
While he is a massive sports fanatic, his interest also lies in mainstream news and nitpicking trending and less talked about everyday issues.
"Avoid Automatic debit option for payment of subscription fee. The citizens should read the terms and conditions before acknowledging the acceptance of learning software/device as your IP address and/or personal data may be tracked," the release said.
With the goal to spread awareness among citizens while opting for online coaching content being offered by a host of Ed-tech companies, the Centre has issued an advisory on the use of caution regarding the subject.
This came to the notice of the Department of School Education and Literacy that few ed-tech companies are luring individuals into the garb of offering services for free and getting the Electronic Fund Transfer (EFT) mandate signed or activating the Auto-debit feature, which mainly targets the vulnerable families, as per an official press release.
Guidelines For Citizens
"Avoid Automatic debit option for payment of subscription fee. The citizens should read the terms and conditions before acknowledging the acceptance of learning software/device as your IP address and/or personal data may be tracked," the release was quoted as saying by an ANI report.
In this above-mentioned advisory, it is also stated that people should always crosscheck the detailed background of the ed-tech company, which they pick to buy subscriptions.
Furthermore, the release also states that the quality of content should be verified and clarify all the doubts regarding the content and payment before the investment of any funds for the purpose of learning in an ed-tech portal.
Verify Before Subscribing
It also warns parents and suggests that they should look for reviews online on the ed-tech portals regarding any registered grievance and marketing gimmicks and provide their own reviews and suggestions as well which may be of help for others.
Meanwhile, individuals should also not blindly believe the adverts and not immediately install any mobile ed-tech apps without verifying them with authenticity.
India's Ed-tech Industry
India's edtech industry is all set to become $30 billion in size in the next 10 years, according to a report released by transaction advisory firm RBSA Advisors.
The current market size was about $700-800 million. In 2020, the highest valued EdTech company in India was BYJU'S with a value of 12 billion US dollars. Apart from BYJU'S, it was only Unacademy, which crossed the value of more than a billion US dollars.
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