The solution thus lies in the engagement of the Central and State Government in easing the licensing and documentation requirements, exit policy and labour laws, putting in place an efficient tax structure in conformity with public finance principles, appropriate infrastructure development etc. GOI and MSEs 13.
As far back as the 1970s, education policy makers and parents’ associations were pointing their fingers at the deficits they saw. The German society for economic education, the Gesellschaft für ökonomische Bildung, for instance, was established in the summer of 1978 – by proponents of economic education from higher education and teacher training institutions.