HIGHER EDUCATION IN INDIA: A CRITICAL REVIEW

Higher education requires study for increasing demand and contribution from all parts of society. In the stride of globalization and liberalization, government has been withdrawing from incremental investment in higher education and that responsibility is gradually shifting to private stake-holders. It is reasonably essential for government to continue the support to higher education financing to achieve educational and social developmental goals. With declining public sector expenditure and significantly higher number of enrolment in private institutes indicate low quality and huge space for private investment in higher education