Should FDI be Allowed in Higher Education

…berty to foreign universities too. It should not look like exploitation of foreign university just for the sake of our profit. We should use profit as a channel to raise the quality of education. We could take example of Singapore in the matter of framing the policy for foreign investment in scientific research. Singapore allows only world-class institutions to enter, and that only when they bring their own money. For instance the Massachusetts I…

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

…ow much, at what price and what sources of capital were used. The government also prevented firms from knocking off workers or closing factories. Indian economic policy was influenced by the colonial experience. There was monopoly in many sectors by state owned enterprises. This was the period which encouraged the corruption and red tape system in India. The annual growth rate for India during 1950 – 1980 was around 3.5 % compared to 9 % in…

Management Education is only for the Rich

…o wheeler and, very few by auto. Boys were basically coming mainly on bikes with friends. There was huge number of vehicles compared with just around hundred candidates. But, at the IIT JEE center very few people used to come on car, few with bike and mostly by auto. The trend was very easy to understand that management courses attract upper middle class more than lower middle class or poor. Management education is getting expensive day by day. S…

Impact of IT/ITES on Indian Economy

…SEZs are being built around with improvement in roads, retail, entertainment and housing facilities. The ratio of employees – technical to non-technical is 80:20, 4% come from economically backward class, while 58% of total employment is from Tier-II/III cities, and 30 % are in the age group of 18-25 yrs. These data show how this sector is penetrating the national economy and enhancing it right from the root. India was known for exporting…