🏫 Indian EdTech Firms Down 80%. +75% US Medicaid Spending. US Semiconductor Workforce.

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Lincolnshire allocates £2.5M to enhance agri-food skills training infrastructure. Central Georgia Technical College awarded $700K grant to launch regional healthcare high school. Honda expands new production line operations in Gujarat with Rs 920 Crore investment at Vithalapur plant. Philippines pours $38M into IT and BPO upskilling.

NVIDIA launched AceReason-Nemotron to boost math and code reasoning with reinforcement learning. Italy invests €151M to enhance student orientation and international experiences in vocational schools. Teachers in the UK to receive 4% pay rise.

Today's Topics

🏫 K12 Education. Number of Indian EdTechs declined by >80%
⚕️ Healthcare. Nearly 75% increase in US medicaid expenditure
🏭 Advanced Manufacturing. Device manufacturing accounted for most US semiconductor jobs

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🏫 Number of Indian EdTechs Declined by >80%

Indian EdTech saw the number of new startups drop from nearly 3K in 2020 to just 500 by 2024, marking a significant market correction. This trend reflects a consolidation phase after pandemic-driven growth, with over 2,000 startups shutting down in the last five years. The sector's evolution aligns with the framework for digital learning and technology integration established by the Ministry of Education's National Education Policy (NEP) 2025.

⚕️ Nearly 75% Increase in US Medicaid Expenditure

US Medicaid spending rose 75% from 2014 to 2023, providing vital health coverage to low-income Americans. Now, a proposed US bill could cut $698B of Medicaid funding over the next 10 years, potentially causing 7.6M people to lose insurance. Potential cuts to Medicaid threaten access for vulnerable groups and could reverse progress in expanding coverage.

🏭 Device Manufacturing Accounted for Most US Semiconductor Jobs

Out of more than 300K semiconductor workers in 2023, 200K were in device manufacturing, nearly 60% of the total. To boost workforce quality and quantity, the US government implemented the CHIPS and Science Act of 2022, funding manufacturing and R&D, and launched the National Semiconductor Technology Center (NSTC) Workforce Partnership, supporting training programs and workforce development to strengthen the semiconductor talent pipeline.

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