Should FDI be Allowed in Higher Education

…ersities, 215 state universities, 100 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 educ…

Selling Liquor in a Gandhian State is an Anomaly

…on’s children or other public services. The government must overcome the temptation of using such revenue for nation-building purposes. India has come a long way ahead of the state of 1930s or 40s. The poverty level and situation have changed. In 30s, people in the state of unemployment and poverty used to spend their spare time in drinking, even if they had no money. The result was families destroyed due to head of the family being indulge…

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…