Should FDI be Allowed in Higher Education

…eemed 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, Cambridge or MIT. The state of higher education is very bad in India. The education system in India is often criticis…

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…