The ongoing economic policy reforms introduced from 1991, such as industrial delicensing, Foreign direct investment, revolution in the information technology, removal of quantitative restrictions and making education globally tradable commodity have posed a severe threat to all economic activities in India in particular and across the globe in general. The needs and necessities of our society are in dynamic nature and keep on changing with the passage of time and varying perception of the society. These drastic revamps undoubtedly have put the Indian business enterprises under a constant and continuous pressure in terms of providing qualitative products at competitive prices, so as to satisfy customer’s expectations. This is turn, has put a pressure on educational institutions to provide a capable and competent personnel to business enterprises. Against this background, faculty development in educational institutions has assumed greater significance to satisfy the increasing
The ongoing economic policy reforms introduced from 1991, such as industrial delicensing, Foreign direct investment, revolution in the information technology, removal of quantitative restrictions and making education globally tradable commodity have posed a severe threat to all economic activities in India in particular and across the globe in general. The needs and necessities of our society are in dynamic nature and keep on changing with the passage of time and varying perception of the society. These drastic revamps undoubtedly have put the Indian business enterprises under a constant and continuous pressure in terms of providing qualitative products at competitive prices, so as to satisfy customer’s expectations. This is turn, has put a pressure on educational institutions to provide a capable and competent personnel to business enterprises. Against this background, faculty development in educational institutions has assumed greater significance to satisfy the increasing