This paper examines contemporary problems, persistent challenges, and emergent opportunities within the Indian education system. Drawing on national policy documents, large-scale surveys, and recent empirical studies, it synthesizes evidence on learning outcomes, infrastructure and resource gaps, teacher preparation and deployment, equity and inclusion (rural–urban, gender, socioeconomic), the digital divide accelerated by pandemic-era schooling disruptions, and the implications of the National Education Policy (NEP) 2020 for systemic reform. The analysis highlights the multi-scalar nature of barriers — from classroom-level pedagogy and assessment to district- and national-level governance and financing — and identifies promising leverage points including foundational learning interventions, targeted investments in digital inclusion, continuous professional development for teachers, and institutional redesigns envisaged under NEP 2020 for higher education. The paper concludes with an integrated research agenda and policy recommendations aimed at aligning equity, quality, and relevance while preserving contextual flexibility for states and local bodies..