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

…tment in India grew from a infinitesimal US $132 million in 1991-92 to $5.3 billion in 1995-96. In initial years of reform, 1991–1992, poverty increased in India slightly. But, later on number of people below poverty line decreased. And, a steep 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 milli…

Should FDI be Allowed in Higher Education

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

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…

Role of Coachings in IIT JEE selection

…g institutes for IIT JEE can be found at almost every corner of street in every town of India. Size and strength of students vary at these places. But, all have same purpose to give students guidance for clearing IIT JEE. No doubt many fail to produce even a single IITian in lifetime. A large number of these institutes teach without proper procedure. There are very kind of institutes. Institutes operating with one teacher and one classroom to ins…