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Higher Education: The Role of Private Universities in India

J Mahender Reddy and K S Sujit

The IUP Journal of Public Finance, 2004, vol. II, issue 4, 70 - 77

Abstract: This paper lays emphasis on the fact that higher education of a good quality is critical for a nation to become globally competitive. In these days of knowledge revolution, it is not factor endowment but good quality higher education which determines the growth of a nation. The main problem in India is that while there are a large number of unemployed graduates and postgraduates, there is a shortage of workers who can acquire new skills and innovate. It is in this context in which the authors argue that private universities may take a lead to constantly innovate their programs and curriculum, keeping the market in mind.

Date: 2004
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