IDEAS home Printed from https://ideas.repec.org/p/cdl/cshedu/qt56d324gm.html
   My bibliography  Save this paper

A Case for For-Profit Private Higher Education in India

Author

Listed:
  • Gupta, Asha

Abstract

India has the credit of running the second largest higher education system in terms of institutions worldwide, despite having only 26.3% Gross Enrollment Ratio (GER), including vocational education. It aspires to achieve a target of 50% GER by 2035. It means it would require a larger number of higher education institutions (HEIs), public and private, in addition to huge fiscal resources. At present about 75% of the HEIs are privately managed with about 66% of student enrolment. Though there is no provision of for-profit higher education institutions in India, many non-profit private HEIs are actually working as for-profit. They are growing fast and are visible too. Therefore, it is high time now to think seriously about the pros and cons, causes and consequences of for-profit and non-profit private HEIs in India. India provides a big market for non-profit and for-profit higher education to domestic and foreign stakeholders. Already 160 foreign universities are working in collaboration with public or private limited companies in India. This essay provides an analysis of issues related to for-profit and non-profit HEIs, including desirability, size, funding, transparency, accountability, quality, feasibility and sustainability, government policies, regulation, foreign collaborations, private investments, and incentives. The methodology adopted is analytical, comparative, and empirical.

Suggested Citation

  • Gupta, Asha, 2022. "A Case for For-Profit Private Higher Education in India," University of California at Berkeley, Center for Studies in Higher Education qt56d324gm, Center for Studies in Higher Education, UC Berkeley.
    • Handle: RePEc:cdl:cshedu:qt56d324gm
    as

    Download full text from publisher

    File URL: https://www.escholarship.org/uc/item/56d324gm.pdf;origin=repeccitec
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Devesh Kapur & Pratap Bhanu Mehta, 2004. "Indian Higher Education Reform: From Half-Baked Socialism to Half-Baked Capitalism," CID Working Papers 108, Center for International Development at Harvard University.
    2. , mule, 2020. "Aegis Billions of empire," OSF Preprints 9tbjw, Center for Open Science.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Singh, Nirvikar, 2006. "Services-led industrialization in India: Assessment and lessons," MPRA Paper 1276, University Library of Munich, Germany.
    2. Pawan Agarwal, 2006. "Higher Education in India - The Need for Change," Development Economics Working Papers 22139, East Asian Bureau of Economic Research.
    3. Pawan Agarwal, 2006. "Higher Education in India: The Need for Change," Working Papers id:576, eSocialSciences.
    4. Barry Eichengreen & Poonam Gupta, 2010. "The Service Sector as India’s Road to Economic Growth?," Working Papers id:2604, eSocialSciences.
    5. Mohamad Fahmi, 2007. "Equity on Access of Low SES Group in the Massification of Higher Education in Indonesia," Working Papers in Economics and Development Studies (WoPEDS) 200709, Department of Economics, Padjadjaran University, revised Oct 2007.
    6. Barry Eichengreen & Poonam Gupta, 2011. "The Service Sector as India’s Road to Economic Growth?," India Policy Forum, National Council of Applied Economic Research, vol. 7(1), pages 1-42.
    7. Gupta, Asha, 2005. "International Trends in Higher Education and the Indian Scenario," University of California at Berkeley, Center for Studies in Higher Education qt4ch9m7j0, Center for Studies in Higher Education, UC Berkeley.
    8. Sugeeta Upadhyay, 2008. "On the Economics of Higher Education in India, With Special Reference to Women," Working Papers id:1694, eSocialSciences.
    9. Barry Eichengreen & Poonam Gupta, 2010. "The Service Sector as India’s Road to Economic Growth?," Development Economics Working Papers 23030, East Asian Bureau of Economic Research.
    10. Jai Mohan Pandit & Bino Paul, 2021. "Can India’s Higher Education Improve Through Better Management of Human Resources: A Comparative Study of India and the United States," Indian Journal of Human Development, , vol. 15(3), pages 468-485, December.
    11. Sarosh Kuruvilla & Aruna Ranganathan, 2008. "Economic Development Strategies and Macro-and Micro-Level Human Resource Policies: The Case of India's “Outsourcing†Industry," ILR Review, Cornell University, ILR School, vol. 62(1), pages 39-72, October.
    12. Rakesh Gupta & Sarika Tomar, 2008. "Enhancing Employability Through Training and Assessment," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 33(1), pages 7-27, February.
    13. Walton-Roberts, Margaret, 2015. "International migration of health professionals and the marketization and privatization of health education in India: From push–pull to global political economy," Social Science & Medicine, Elsevier, vol. 124(C), pages 374-382.
    14. Olaf Krawczyk & Harald Legler & Birgit Gehrke, 2008. "Asiatische Aufhol-Länder im globalen Technologiewettbewerb: die FuE- und Bildungsanstrengungen von Korea, China und Indien im Vergleich," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 77(2), pages 79-94.
    15. Bosworth, Barry & Collins, Susan M. & Virmani, Arvind, 2007. "Sources of Growth in the Indian Economy," India Policy Forum, National Council of Applied Economic Research, vol. 3(1), pages 1-69.
    16. Rakesh Gupta & Ajay Pandit, 2010. "Entrepreneurial Opportunities in Indian Talent Pool Management—A Case of MeritTrac," Asian Journal of Management Cases, , vol. 7(2), pages 113-134, September.
    17. Sangeeta G. Kamat, 2011. "Neoliberal Globalization and Higher Education Policy in India," Chapters, in: Roger King & Simon Marginson & Rajani Naidoo (ed.), Handbook on Globalization and Higher Education, chapter 16, Edward Elgar Publishing.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cdl:cshedu:qt56d324gm. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lisa Schiff (email available below). General contact details of provider: https://escholarship.org/uc/cshe/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.