Should FDI be Allowed in Higher Education

…ere we have something to learn, where we 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 h…

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

  In 1991, when the foreign exchange reserves had reduced to such an extent that India could barely finance three weeks’ worth of imports. Economic reforms were introduced in Indian economy. Before 1991, India was closed for foreign companies. It was a period very much known as License Raj. During this period, up to 80 agencies had to be satisfied before a firm could be granted a license to produce and the state would decide what was…

Management Education is only for the Rich

…o 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 banks for giving a loan. Other than for the case of meritorious students seeking loan for prestigious institutes, banks ask for an account in their bank, active for at least past six months. Plus, one needs to submit an insurance polic…

Hopes Beyond IIT

…n be as good as a life with IIT. Here, I’m giving list of some institutes which can be said as alternative for IIT. This list covers those institutes where students of PCM 12th pass can apply. Some of these are very much around or better than IIT. Have a look: SCRA: Special Class Railway Apprentice (SCRA) aka Railway Engineering is an examination conducted by UPSC for selecting candidates suitable for engineering department of Railway. It…