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For one of the most difficult exams in India, applicants are prepared in coaching

centers like Mukherjee Nagar and Old Rajendra Nagar. It drives demand for
practically everything you find in these markets, including accommodation, food,
cooks, furnishings, and exam study materials. Here, a mini-economy has developed as
a result of abnormally high fee billing and a lucrative IAS tutoring sector.
Popular coaching facilities like Vajiram and Ravi and Rau's, the pioneers of the
civil services coaching industry, charge up to Rs 2 lakh and advertise having up to
10,000 to 12,000 students on their registers annually, which comes to roughly Rs
300 crores, which is merely a trailer. The film is still to come. The demand for
rooms, food, cooks, furnishings, exam study materials, and practically everything
else that you find in these markets is driven by these coaching centers. Here, a
mini-economy has developed as a result of abnormally high fee billing and a
lucrative IAS tutoring sector.

If we look at certain statistics, we can see that even if coaching institutes only
generate 300 crores in revenue, the entire 100 coaching centers are linked to a Rs
3,000 crore sector. Only 10% of the coaching ecology that they create around
themselves goes to the coaching institutions, or
3000/3000 crores * 100=10%.

However, the online civil service coaching market is also expanding steadily in the
meantime. As of present, 7.9% of the coaching institutions' revenue has been lost,
bringing their total earnings down to roughly Rs 300 crores
(300 crores * 7.9/100 = Rs 2,763,00,000, Rs 275 crores).
The coaching sector is expanding as a result of the expansion of both institutions
and the competition in these competitive tests.

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