India vs China: Shankar Sharma flags education leadership gap behind technology divide

India vs China: Shankar Sharma flags education leadership gap behind technology divide

India and China have followed markedly different paths in building their education and technology ecosystems, and ace investor Shankar Sharma believes the quality of education leadership deserves closer scrutiny. His analysis of successive education ministers points to a potential leadership gap, while the comparable levels of education spending raise a bigger question.

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  Shankar Sharma’s analysis points to a decline in the average quality score of education ministers over time in India. Shankar Sharma’s analysis points to a decline in the average quality score of education ministers over time in India.
Business Today Desk
  • Aug 28, 2026,
  • Updated Aug 28, 2026 8:25 PM IST

Ace investor Shankar Sharma has raised an uncomfortable question about India’s education system: if the country has spent heavily on education, why has its technological and scientific gap with China widened?

In an analysis comparing the education ministers of India and China, Sharma and his team created what they call a “Ministerial Quality Score”, assessing ministers on factors including academic credentials, scholarly output, language skills, professional expertise, institutional experience and exposure to technology. The exercise, he argues, offers a window into the quality of policymaking over time.

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A decline in India’s scores

The India data shows a sharp contrast across decades. Several education ministers in the early post-Independence period received relatively high scores. The average score reached 86 during 1957-62 and 83 during 1998-2004. But several subsequent periods recorded much lower scores, including 16 during 1980-84, 23.5 during 1991-96, 16 during 2004-09 and 18.75 for 2014-26.

China’s scores, by comparison, remain relatively strong in the more recent period. The analysis gives its education ministers scores ranging from 13 to 93, with several ministers scoring above 60 and the current ministerial score at 90. Sharma points to the professional profiles of Chinese ministers, many of whom had backgrounds in science, engineering, academia or technical administration.

The argument is not that a minister’s qualifications alone determine a country’s educational performance. Rather, Sharma is highlighting the importance of who makes long-term decisions on universities, research, technical education and human capital.

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That becomes particularly significant when education is viewed as an input into technological competitiveness. China has built considerable strength in engineering, scientific research, advanced manufacturing and emerging technologies, while India continues to grapple with gaps in research capacity, university quality and high-end technical talent.

Sr. No.GovernmentPeriodAverage Score
1Congress1947–5260
2Congress1952–5760
3Congress1957–6286
4Congress1962–6772
5Congress1967–7270
6Congress1972–7761
7Janata Party1977–8063
8Congress1980–8416
9Congress1984–8930
10National Front1989–9124
11Congress1991–9623.5
12BJP, United Front1996–9827
13NDA1998–0483
14UPA2004–0916
15UPA2009–1449.5
16NDA2014–2618.75

The spending puzzle

Sharma also highlights a second puzzle: spending. His third exhibit compares education expenditure as a share of GDP in India and China across decades. The chart shows India’s spending exceeding China’s in several periods, with the two broadly comparable in the latest period. Yet, Sharma argues, India’s lag has continued to widen.

That raises a question beyond budgets: what does the money produce?

Education outcomes depend on much more than ministerial credentials. Governance, teacher quality, curriculum, university autonomy, research funding, institutional capacity and links between academia and industry all matter. China’s technological rise also reflects decades of industrial policy, infrastructure investment and strategic state support.

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China’s education ministerial quality score

Sr. No.NamePeriodScore
1Ma Xulun1949–5269
2Zhang Xiruo1952–5876
3Yang Xiufeng1958–6550
4He Wei1965–6613
5Liu Xiyao1977–8242
6Jiang Nanxiang (Higher Ed)1965–66 & 1979–8262
7He Dongchang1982–8562
8Li Peng1985–8856
9Li Tieying1988–9366
10Zhu Kaixuan1993–9863
11Chen Zhili1998–200379
12Zhou Ji2003–0993
13Yuan Guiren2009–1676
14Chen Baosheng2016–2146
15Huai Jinping2021–present90

Still, Sharma’s central warning is clear. India cannot treat education as a secondary policy area while aspiring to compete with China in artificial intelligence, semiconductors, defence technology and advanced manufacturing.

For Sharma, the education “bear market” is therefore more consequential than a stock-market downturn. A weak equity cycle can reverse. A prolonged deterioration in human capital and research capability can take decades to repair.

Ace investor Shankar Sharma has raised an uncomfortable question about India’s education system: if the country has spent heavily on education, why has its technological and scientific gap with China widened?

In an analysis comparing the education ministers of India and China, Sharma and his team created what they call a “Ministerial Quality Score”, assessing ministers on factors including academic credentials, scholarly output, language skills, professional expertise, institutional experience and exposure to technology. The exercise, he argues, offers a window into the quality of policymaking over time.

Advertisement

Related Articles

A decline in India’s scores

The India data shows a sharp contrast across decades. Several education ministers in the early post-Independence period received relatively high scores. The average score reached 86 during 1957-62 and 83 during 1998-2004. But several subsequent periods recorded much lower scores, including 16 during 1980-84, 23.5 during 1991-96, 16 during 2004-09 and 18.75 for 2014-26.

China’s scores, by comparison, remain relatively strong in the more recent period. The analysis gives its education ministers scores ranging from 13 to 93, with several ministers scoring above 60 and the current ministerial score at 90. Sharma points to the professional profiles of Chinese ministers, many of whom had backgrounds in science, engineering, academia or technical administration.

The argument is not that a minister’s qualifications alone determine a country’s educational performance. Rather, Sharma is highlighting the importance of who makes long-term decisions on universities, research, technical education and human capital.

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That becomes particularly significant when education is viewed as an input into technological competitiveness. China has built considerable strength in engineering, scientific research, advanced manufacturing and emerging technologies, while India continues to grapple with gaps in research capacity, university quality and high-end technical talent.

Sr. No.GovernmentPeriodAverage Score
1Congress1947–5260
2Congress1952–5760
3Congress1957–6286
4Congress1962–6772
5Congress1967–7270
6Congress1972–7761
7Janata Party1977–8063
8Congress1980–8416
9Congress1984–8930
10National Front1989–9124
11Congress1991–9623.5
12BJP, United Front1996–9827
13NDA1998–0483
14UPA2004–0916
15UPA2009–1449.5
16NDA2014–2618.75

The spending puzzle

Sharma also highlights a second puzzle: spending. His third exhibit compares education expenditure as a share of GDP in India and China across decades. The chart shows India’s spending exceeding China’s in several periods, with the two broadly comparable in the latest period. Yet, Sharma argues, India’s lag has continued to widen.

That raises a question beyond budgets: what does the money produce?

Education outcomes depend on much more than ministerial credentials. Governance, teacher quality, curriculum, university autonomy, research funding, institutional capacity and links between academia and industry all matter. China’s technological rise also reflects decades of industrial policy, infrastructure investment and strategic state support.

Advertisement

China’s education ministerial quality score

Sr. No.NamePeriodScore
1Ma Xulun1949–5269
2Zhang Xiruo1952–5876
3Yang Xiufeng1958–6550
4He Wei1965–6613
5Liu Xiyao1977–8242
6Jiang Nanxiang (Higher Ed)1965–66 & 1979–8262
7He Dongchang1982–8562
8Li Peng1985–8856
9Li Tieying1988–9366
10Zhu Kaixuan1993–9863
11Chen Zhili1998–200379
12Zhou Ji2003–0993
13Yuan Guiren2009–1676
14Chen Baosheng2016–2146
15Huai Jinping2021–present90

Still, Sharma’s central warning is clear. India cannot treat education as a secondary policy area while aspiring to compete with China in artificial intelligence, semiconductors, defence technology and advanced manufacturing.

For Sharma, the education “bear market” is therefore more consequential than a stock-market downturn. A weak equity cycle can reverse. A prolonged deterioration in human capital and research capability can take decades to repair.

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