Our university system is, in many parts, in a state of disrepair...In almost half the districts in the country, higher education enrolments are abysmally low, almost two-third of our universities and 90 per cent of our colleges are rated as below average on quality parameters... I am concerned that in many states university appointments, including that of vice-chancellors, have been politicised and have become subject to caste and communal considerations, there are complaints of favouritism and corruption. – Prime Minister Manmohan Singh in 20071
Abstract
At the eve of liberalization, globalization and privatization, many changes are taking place in different spheres of Indian socio-economic life. These changes have affected all the sectors including education. Education is such a factor which affects all other sectors. So, it is important to observe the changes in education. Because of new economic policy privatization is welcome in India and also in education. Now private educational institutions are increasing day by day. This paper gives an overview of state of higher education system in India & highlights the need for private sector to step up in the field of higher education. This paper would throw light upon whether privatization of higher education is a boon or bane to the Indian educational system .It is also argued in the paper that privatization of higher education can be applied to improve the education system in all but with the regular control of some regulating authorities.
Keywords: Higher Education, liberalization, globalization, Privatization.
Introduction:
“Education is the true alchemy that can bring India its next golden age” - The President of India Shri Pranab Mukerjee.
Education is milestone of every type of development.
References: 1. Agarwal, pawan. (2006). Higher Education in India: The Need for Change. New Delhi, India: Indian Council for Research on International Economic Relations. 2. Kishan, Ramnath.N (2008), Privatization of Education. 3. Government of India. (2002-07). Tenth five-year plan. Planning Commission, New Delhi. 4 5. UGC Funding of Institutions of Higher Education: Punnayya committee Report. (1993). New Delhi: UGC. 6 9. Anandakrishnan, M. (2006) Privatization of higher education: Opportunities and Anomalies. 10. MHRD (2011) Annual Report. Ministry of Human Resource Development, Department of Secondary and Higher education. Government of India. New Delhi.