The impact of economic reforms has been that rich people have become richer and poor people poorer

…of India will boom, new millionaire and billionaire will join the list. There will be new addition in the upper class list, mostly coming out of present middle class. Also, the 300 million new middle class people must come from non-other than lower class or poor people list. These trends are taken from the last 5-10 years data. So, the poor are quickly transforming in middle class with increase in their earnings. This shows that the impact of eco…

Should FDI be Allowed in Higher Education

…dinate between the centre and the state. As of 2009, India has 20 central universities, 215 state universities, 100 deemed universities, 5 institutions established and functioning under the State Act, and 13 institutes which are of national importance. Most of these institutions are public funded. Some of these institutions have been globally acclaimed. However, India has failed to produce world class universities like Harvard, Stanford, Oxford,…

Management Education is only for the Rich

…not even 3-4 lakhs, how can they think to study in these institutes on their own. There are institutes who are offering management course at even less than 2 lakhs. However, most of them have poor placement scene. Who would prefer to start their career at less than Rs. 20,000 if they can get starting salary more than Rs. 50,000? The only hope for the lower middle class or poor student is bank loan. But, there are a lot of requirements for the ba…