Should FDI be Allowed in Higher Education

…ther developing nations like Brazil, China or Russia have much higher public expenditure per student, in excess of $1000. India’s higher education system is the third largest in the world, after China and the United States. The main governing body at the tertiary level is the University Grants Commission (India), which enforces its standards, advises the government, and helps coordinate between the centre and the state. As of 2009, India ha…

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

…e seen in just few years as the total foreign investment 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 millio…

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…