Should FDI be Allowed in Higher Education

…need to build ourselves not necessarily where we are leaders ourselves. For instance, India is already doing top class research on stem cells and could collaborate with other top class institutions, but not necessarily invite FDI in this field. Right now India discriminates its students on the basis of caste. A student’s scholarship mainly depends on his/her caste. Foreign institutions will find it hard to get inferior quality on the basis…

Impact of IT/ITES on Indian Economy

…has made a beginning and with the encouragement and support of NASSCOM and NASSCOM Foundation, it is on track to set an example that would encourage others to emulate and help changing the face of India. It is apt to conclude with a remark made by Nobel Laureate Dr. Amartya Sen, about the Indian IT/ITES industry, during his key note address at the NASSCOM India Leadership Summit 2007 – My point is not that the IT industry should do something for…

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

…ep declined in number of person below poverty line in between 1993 to 1998 was seen. Currently, number of middle class in India is expected to be 300 million, which is expected to double by 2025 to 600 million. It is sure that as the economy 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 pe…

Management Education is only for the Rich

…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. Some IIMs have increased their fees to more than 12 lakhs. Nearly, all the top 30 institutes have a fees range of 7 lakhs – 15 lakhs. This is creating a huge pressure on the aspirants. Those whose family income is not even 3-4 lakhs, how c…