Main purpose of pvt institites and societies in education
Answers
There are three levels of education; elementary, secondary and higher. The first two are imparted at the school level, whereas higher education is imparted at the college and university level.
There may be two types of providers of education: public and private. Private institutions may be partly funded by the government (aided) or entirely self-funded (unaided). Public institutions are established, funded and managed by the government. Private providers of education often step in when the government has limited resources to provide universal access to education. In most markets, the private sector is characterised by a profit-motive. However, when it comes to education, the private sector is required to operate on a not for profit basis.[1],[2]
Some experts are of the view that certain private providers of education dilute the quality of education due to a lack of regulatory oversight and restrict access due to charging high fees from students. On the other hand, some consider private involvement to be necessary to enhance investment and quality, as a result of increased competition, in higher education.[3],[4]
The Standing Committee on Human Resource Development is currently examining the subject ‘Role of Private Sector in Higher Education’. In this context, we present an analysis of the role of the private sector in providing higher education in India. This note maps out the regulatory framework and highlights key issues with regard to private higher education.