The Indian economy's relentless thrust to move up the global pecking order is throwing up new and exciting career opportunities. Increasing numbers of global businesses are setting up base in the country, while domestic companies expand their operations, both within and abroad.
The upbeat mood and buoyant forecasts on where the economy is heading, when stirred with a craving for a good career for one's progeny, is bound to lead to an increased rush for quality education to help stay ahead of competition. However, quality education invariably comes with a high price tag.
The top-of-the-line institutes, especially those abroad, could cost you a fortune. And, it's not going to get cheaper as your child grows up. So, are you preparing yourself financially to ensure that your dreams, and your child's ambitions, are not undone for want? There is more than an even chance that you have not really given a hard look at the future funding requirements for your kid's education.
Unless you plan early, it could become very difficult, especially if the apple of your eye turns out to be among the smarter ones gunning for a seat in one of the best campuses. Our cover story on child plan options attempts to set you thinking on whether you need to work towards building an education corpus for your child.
We also delve into whether dedicated child plans on the insurance and mutual fund platforms actually help serve this purpose. While the tax-saving season is on, we also present the various options before you that will enable you to hold back some more for your pocket, even as you warily eye the next set of inflation numbers.
We have tried to prepare a diverse fare in this issue, from commodities to currency trading. We will bring you more exciting stuff soon. Stay connected.
SARBAJEET K. SEN,