India


Vision 2030 envisages 23 World class Universities

Dr.T.P.Sethumadhavan

Federation of Indian chambers of Commerce and industry (FICCI) recently published Higher Education Vision 2030 during the FICCI higher education summit held at New Delhi from 12th to 14th November 2014. The vision 2030 is aligned with policy foundation and envisages the student at the core of the Globalised world.Says Mr.T.V.Mohandas Pai, Chairman, FICCI Higher education Committee. It promotes the theory of lifelong learning beyond the campuses, together with the integration of technology in every aspect of learning-teaching and institutional administration to deliver high quality education. It envisages making India a Global hub in higher education by encouraging leadership, creating international campuses and inspiring Indian Universities to figure in the Global 200 list. This would entail liberalizing policies, providing autonomy, promoting transparency with a focus on outcomes rather than merely on inputs. Globally public funding for higher education is shrinking. To meet the need for expansion and quality up gradation, Indian higher education sector would need up to INR 800000 Cr of investment by 2030.


India has750 Universities, 47000 college and 30 million students with a gross enrolment rate of 21 percent for the age group of 18-23 years. Private sector accounts for 62 percent intake of students, State Governments by 53 percent and Central Government by 3 percent. Demographically India will soon overtake China as the World’s largest population with an average GDP growth of 8 % per annum.
According to a study of 50 Nations carried out by Oxford Economics for British Council, by 2020 the largest higher education Systems are likely to be China (37 million students), India (28 million students), USA (20 million students) and Brazil (9 million students). These four countries are likely to account for 50 % of the total enrolment in higher education in the world.


Recent statistics and rankings reveal that there is not even a single University among the top 200 Universities in the World. Indian Institute of Technology Bombay, Delhi, Kanpur and Madras were ranked 222, 235, 300 and 322 respectively. The vision document envisages that by 2030 number of students in the higher education sector will increase from 30 million to 70 million with the GER of 50 percent. It has been forecasted that 23 Universities will reach the top 200 of the World by 2030 and the country will have at least six new Nobel laureates. Share of private sector in education system has grown from 42 percent to 64 percent from 2001 to 2014.Private sector will have 80 % share of the students. 5 l According to a study of 50 Nations carried out by Oxford Economics for British Council, by 2020 the largest higher education Systems are likely to be China (37 million students), India (28 million students), USA (20 million students) and Brazil (9 million students). These four countries are likely to account for 50 % of the total enrolment I higher education in the world. Five lakh overseas students will pursue education in India and two million students pursue education outside India.
Vision 2030 envisages academic, administrative and financial autonomy along with transparency and diversity based on principles of open system. Universities should encourage creativity, innovation and leadership to encourage quality. Interaction between institutions and industry are required. Funding, leadership, management, quality assurance, accountability, relationships with industry, international collaboration and the way teaching and research is conducted. Emphasis need to be placed on strengthening the existing institutions. Best Universities in the world should be allowed to enter in to India to set up campuses and offer degrees so that youth have access to best educational institutions across the globe. There are tiers of higher education institutions in the world. They include foundation institutions, career focussed institutions and research focussed institutions. Taking in to account the potential requirement India need both Career focussed and research oriented institutions to become world class institutions.
 

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