Role of private sector in higher education- discuss
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The paper explores need, challenges of privatization of higher education in India. The last two decades had witnessed unprecedented growth in institutes of higher education primarily due to private sector participation. The private sector has contributed significantly in increasing the gross enrollment ratio (GER) from 10% in 2000 to 13.8% in 2010. The private sector is expected to provide useful contribution in achieving the target of 30% GER by 2020 set by government of India. Though the private institutes have grown in number they are not able to attract the high ranking students. The issues of quality, access, equity, inclusiveness require urgent attention of the stakeholders. Unemplyability of graduates is a cause of concern. Proper regulatory framework supported by mutual trust and accountability is important for the establishment of vibrant global private higher education institutions which can ensure quality, access, and inclusiveness.