PRIVATIZATION OF HIGHER EDUCATION – S.Divya Abirami 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
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. Education is something that is very helpful in developing a country. Education is the most vital input for the growth and prosperity of a nation. It has the power to transform human beings into human resources. Education being one of the indicators of Human development index of a country decides the status of a nation globally. Raising ones country’s status solely depends on the education that the youth of the country acquires. Development is possible only when the population of educated, skilled citizens in a country increases. So it can be said that, apart from school education higher education is the main instrument for development and transformation. The higher education system in India has grown in a remarkable way, particularly in the post-independence period, to become one of the largest systems of its kind in the world. However, the system has many issues of concern at present, like the unwieldy affiliating system, inflexible academic structure, eroding autonomy of academic institutions, the low level of public funding, dysfunctional regulatory environment, the accreditation system that has low coverage and no consequences, absence of incentives for performing well, and the unjust public funding policies. In spite of being affected with these issues of concern India’s higher education system is able to express itself as the world’s third largest system in term of students next to China and USA. This rapid growth of India in educational sector in the past decade is the result of private sector initiatives. Private initiative in higher education is not a new phenomenon. It has become a global phenomenon. Though there are lot of debates on some of them being substandard and exploitative, it is their effort that has raised the status of Indian educational system high in global level. In a world which has become more commercialised and privatized, state run institutions are not the order of the day. This paper is intended to answer the question why higher education...
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