2024, Vol. 5, Issue 2, Part H
Review of FDI in higher education in India
Author(s): Abdul Ahad
Abstract: Since the impact of privatization is penetrating all sectors of the Indian economy, it is bound to affect education sector as well. India has the world’s largest population in the age group of below 25 years. This is expected to continue for the next decade. This large pool will drive huge demand for higher education. India has around 14.6 m students enrolled in higher education, making it the country with the third highest number of students behind USA and China. India has approximately 550 universities and around 31,000 colleges. Although annual enrolments in higher education have grown steadily over the last decade but the GER (Gross Enrollment Ratio) of 15 percent is way below the global average of 26%. India will require 1,000 more universities and 50,000 more colleges to be built in the next decade to accommodate 50 million college-age students in next few years. Government may not prefer to fund such a huge investment and call upon the private sectors and encourage FDI to upgrade and create infrastructure of world class standard for higher education.There are several entry options available for FDI in higher education in various disciplines which will benefit both sides. The option may be form collaborative tie up with existing Indian education provider to go alone all the way. The ROI may look attractive if the foreign Universities take a businesslike approach for FDI in galloping education market of India.The basic aim of this paper is to focus on the following aspects:1.To study the status of Indian higher education system2.To study the need of FDI in higher education in India3.To study the implication of the FDI in Indian higher education4.To achieve the above-mentioned objectives, the present paper has reviewed the existing literature relating the Indian higher education and the FDI.
DOI: 10.22271/27084515.2024.v5.i2h.410
Pages: 657-660 | Views: 79 | Downloads: 31
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How to cite this article:
Abdul Ahad. Review of FDI in higher education in India. Asian J Manage Commerce 2024;5(2):657-660. DOI: 10.22271/27084515.2024.v5.i2h.410
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