INDIAN HIGHER EDUCATION: TRENDS, GROWTH & CHALLENGES

M. M. Goel and Suraj Walia

No 2015-03-10, Working papers from Voice of Research

Abstract: It is widely recognised that higher education promotes social and economic development by enhancing human and technical capabilities of any country like India. It provides an opportunity to critically reflect upon the social, economic, cultural, moral and spiritual issues facing humanity. It contributes to national development through dissemination of specialized knowledge and skills. Indian higher education system has undergone massive expansion since independence in terms of growth, enrolment. Keeping in above backdrop, the present paper is an attempt to analyze the trend in growth and challenges of Indian higher education system in the present era. It is clear from the analysis that there has been considerable improvement in the higher education in India in both quantitative as well as qualitative terms. But issues like access, equity, inclusion, quality, privatization and financing concerning higher education, are very complex and interrelated with political, economical geographical and international dimensions. To develop India as a knowledge hub and to become a prosperous partner in global economy, India has to qualitatively strengthen education in general and higher education with research and development in particular. For providing ROTI (Bread) and employment to the manpower, we need to increase returns on training investment (ROTI). To achieve efficiency and deliver quality education, we certainly need good governance which means to us as SMART (SIMPLE, Moral, Action oriented Responsive and Transparent) administration for every institution at all levels in India. Key words: Knowledge economy, ROTI, Privatization, Financing, SMART &SIMPLE

Date: 2015-03
New Economics Papers: this item is included in nep-knm
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