Dilip Gala

30+ Years in Indian Equities | Work in Progress

[Dilip Gala @dilip_gala]

@SahilKapoor It will not go back to its historical high valuation band. Or will it?

[Maheshwer Peri @maheshperi]

After decades, the conversation is about education and reforms. It will be a travesty if this stops with the resignation of a minister. Families spend 20% of their income educating their children. But once in government, the same people cannot find even 4% for education. Education is a priority when the child is ours—and expendable when the child is someone else’s.

Look at where we have fallen in the last decade:

1. Between 2004–05 and 2013–14, India’s education budget rose from ₹13,098 crore to ₹71,059 crore, recording a CAGR of 21%. In contrast, between 2014–15 and 2023–24, it increased from ₹68,874 crore to ₹1,23,357 crore, but at a much slower CAGR of just 7%. School education growth fell sharply from 22% to 5%, while higher education growth declined from 19% to 10%.

2. Between 2004–14 and 2014–24, total revenue expenditure—excluding interest and grants—rose from ₹57.95 lakh crore to ₹155.57 lakh crore. However, education expenditure increased from only ₹4.05 lakh crore to ₹8.38 lakh crore, causing education’s share of revenue expenditure to fall from 6.98% to 5.39%.

3. Between 2014 and 2024, government colleges grew from 7885 to 7994, a growth of just 1%. In the same period, private colleges went up from 21,750 to 32,513, a growth of 49%. Including the Private aided colleges (which grew at 24%), the total growth has been 35%. Sadly, the growth of government colleges has been by accident and not by design.

4. Similarly, enrolment also took a turn for the worse. Students enrolling in a public institution grew by 21% (134 lacs to 163 Lacs) while those into private grew by 42% (182 lacs t0 357 Lacs).

5. We are closing 25 schools a day. Between 2014 and 2023, India’s population grew by over 12 crore, or 9.3%. Yet, during roughly the same period, the number of government schools declined by 89,441, or 8%.

6. School education is effectively killed and replaced by an entrance exam or a competitive exam. For Ex: CUET is the most useless exam that has been imposed on students in Delhi. Even a topper from Delhi cannot get a seat to study in any college in Delhi unless the student appears for CUET. And every entrance exam is against equity as only those who can afford coaching or have access to coaching succeed. The public schools are death a death blow.

7. Between 2014 and 2026, IIT tuition increased by 122%, At IIM Ahmedabad, the two-year programme fee rose by about 66%, NID and NLU fees also rose substantially by two to three times.

8. While India is seeking its Indian origin scientists working abroad to return back to India, our own research fellowships have been disbanded. The KVPY gave way to INSPIRE Scholarships. In the current year, there are no budgetary allocations for INSPIRE fellowships too.

9. The fees in Private colleges has grown beyond means of most Indians. NEET as an exam is a competition for just about 30,000 Government Medical College seats in the open category! The other 70,000 private seats are a ‘reservation for the rich’ where just about 1% of India can afford to pay the 1.25 Crores fees. All Private colleges cost about 5X to 10X of public institutions.

10. While the Government announced an additional 9911 seats for the current year with much fanfare, only 2400 are in public institutions. 78% of them are in private space and outside the reach of the common man.

11. As per Economic Survey 2025-26 report,
a. 56.2% of professor posts in central universities and other HEIs remain vacant (as on 31-01-2025)
b. 75% of HEIs lack industry readiness
c. About 2 crore adolescents (14-18 years) are out of school.

12. While we have a GER target that is much touted, what we have done is to reduce GER at secondary stage, which is at 68.5% (against NEP target of 100% by 2030). Nearly one third of children are outside the education system, the stage (class 9 to 12) that determines employability and higher education participation.

This conversation took decades coming. I do hope that we don’t stop with the resignation of a minister and demand bigger reforms. This is an opportunity that India cannot let go. This is important to every student, every parent, every young person and to our nation, INDIA.

[Dilip Gala @dilip_gala]

@NeerajMarathe +1

[Prabhakar Kudva @prabhakarkudva]

Stop watching the news. That’s the tweet.

[Dilip Gala @dilip_gala]

@TIA_Investors Made the payment
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[Dilip Gala @dilip_gala]

@TIA_Investors @VijayKedia1 Made the payment
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[menaka doshi @menakadoshi]

"What is the point of India spending billions on its image, like raising swanky airports?

Is the idea that someone would land at such an airport, be blown away by it, and then when he is stuck in the hell hole of the Indian city, inhaling poisonous air, he is going to think how fine the airport was?

What is the point of brand-building exercises when anyone who lands here can see within five minutes that things are a mess, we do not know the meaning of planning, and we are a danger to ourselves?"

Good one by @manujosephsan
https://t.co/X3Gep9v70R

[प्रणव @PranavaBhardwaj]

Bro explained India in a minute.

[Abhijeet Dipke @abhijeet_dipke]

The government has taken down our iconic website - https://t.co/ELmb4ZlEed.

10 Lakh cockroaches had signed up on our website has members.

6 Lakh cockroaches had signed a petition to demand the resignation of Dharmendra Pradhan.

Why is the government so scared of cockroaches? But this dictatorial behaviour is opening the eyes of India's youth. Our only crime is we were demanding a better future for ourselves.

But you can't get rid of us that easily. We’re working on a new home right now. Cockroaches never die. 🪳

[Rajdeep Sardesai @sardesairajdeep]

I hear Cockroach Janata Party accounts are being blocked. Small warning: cockroaches have outlived empires, pandemics and probably a few IT cells too. Block one, ten more emerge from the dark corners. MIND IT! 😃

[The Chartians @chartians]

FIIs are not needed, DII/Retail are enough to absorb the shock.

This statement was made by our FM & it didn't age well.

We just hope she has realised the importance of FII.

Our policy makers should not be so arrogant 🙏🏻🙏🏻

#FII #DII #Retail #Stockmarket

[Dilip Gala @dilip_gala]

@IDFCFIRSTBank
Refund received on credit card - mail & sms recd from bank but not credited.

“Always You First” only for slogan!

[Meghna Pant @MeghnaPant]

Bravest women of 2026! Never mess with a mother.

[Dilip Gala @dilip_gala]

@MeghnaPant Hats off to this woman! 🫡

[Vivek @Vivek_Investor]

Folks on X are worried about the shortage of Diet Coke, on the other hand millions of people in villages don't have potable drinking water.

[Dilip Gala @dilip_gala]

@ThePrintIndia @NPDay Thank goodness!

[Dilip Gala @dilip_gala]

@TamalBandyo Typo?

[Dilip Gala @dilip_gala]

@mybmc @mybmcWardPS @AshwiniBhide
Is this legal? If not, can you do something about it?

An open air eatery on the roadside! That too on a 2-lane (1 ⬆️ & 1 ⬇️) road with alternate day parking on each side.

[Dilip Gala @dilip_gala]

@jitenkparmar 🎯

[Dilip Gala @dilip_gala]

@unseenvalue 👍🏽