PRIVATISATION AND INDIAN EDUCATION

This paper aims to analyze the impact of privatization on education in the Indian society. The government of India introduced new economic policies namely globalization, privatization and liberalization to increase employment, output and income opportunities and achieve economic development at international level. Privatization has brought about rapid change in the educational scenario of India. It is seen that privatization encourages the individuals and religious organizations to establish colleges and deemed universities to meet the growing demand for higher education. Consequently, higher educational institutions are found throughout the country. It not only increases the number of higher educational institutions but also increases the number of seats for highly demand courses such as engineering and medicine. Moreover, it decreases the distance between the educational institutions. It causes competition among them to fill the seats allotted by the affiliated universities and maximize socio- economic benefits. However, it creates the gap between the demand and supply of higher education. It not only increases the cost but also decreases the quality of education. Thus, privatization has positive and negative impact on education and society.