Talking about private schools I just came across a news article few days back and it was about the rising school fees in India.
I was astonished to read that a school in Bengaluru charged 1 lakh per year for a child studying class 1.
This is really surprising because few years back when I was in my college I was just paying around 70k INR for the whole year.
It is also a well reputed college in my city/state.
1Lakh is pretty low, IMO I remember schools had fees like 1.5 lakh for kindergarten itself. Extracurricular activities are mandatory, but the fees are separate, though.

Private schools have dominated over the government schools with poor infrastructure, crumbling down buildings and lack of manpower. The education system here has a lot of flaws but I dont see any immediate solution to it but gradual changes at different levels are needed, besides corruption is severe in education sector and lot of hurdles are put up just because of corrupt officials.
While education is an important factor, many states have improved it in a manner that a young workforce is generated at a regular rate, like Tamil Nadu to work in manufacturing plants.
There is an immediate fix that will make this change possible but government should take a brave call and not to think about vote back games. All government employees kids must study in a public school and that's it we will know the real quality education.
Yeah, now 1 lakh seems like a norm in any decent school, no matter who you are, you are going to break your bank for kids and don't think it's going to ease in near future because school lobby seems to be quite strong with the support of politicians, in some cases they run it.
There are some proposals of putting up cap on fees in Delhi but don't know what's the progress.