After the World War II, we saw that the yester-generation in India was motivated by a government job. A person who had a government job was considered successful and fathers were ready to give their daughters in marriage to young men with government jobs. In those day a private job was seen as a risky affair.
After introduction of LPG and Y2k massacre, the trend changed. Success = to having a private IT job. Children were sent to special coaching classes to become an engineer or doctor. This became an educational bubble a kid’s smartness was determined by the course chosen after 10th standard. Commerce and Arts turned invisible to parents, who themselves were treated as kings sometime back. Now, these commerce and art graduate parents pushed their children towards their glorious future as an engineer or doctor. After a few years, parents were also bit by the MBA sting.
What is the parental attitude now? Parents see their children as future CEOs and entrepreneurs. Now, children are encouraged to be innovative and to create new things. The next bubble is growing towards entrepreneurship.