India's Political Economy of Foreign Aid for Education

Abstract

 In many nations, the topic of development  assistance has been contentious for a variety of reasons. In  the increasingly worldwide globe of the twenty-first decade,  controlled by marked factors, the age of moral vision in  worldwide relations had gone; help may become more  important in the more global will of the 21st era, controlled  by indicated issues contentious while also assuming greater  significance. One of the main reasons for its current  importance is that, around the turn of the century, nearly all  developing nations across the globe were in the midst of  structural adjustment, with loans from the World Bank and  the International Monetary Fund (IMF). As the tide of  globalization increases, conflicts between national interests  and global interests grow more strong and severe, making it  more contentious. In emerging nations like India, external  assistance to education becomes a more complex issue, as an  auxiliary to structural adjustment operations that emphasize  that ‘society can no longer sustain social democracy,  therefore costly social and education programs must be  reduced.' More loan programs, such as social safety net  programs, have been established, including more particularly  education initiatives with outside help.