| PRIVATISATION PERSPECTIVES OF HIGHER | | | | so on are conducted by the institutions. The |
| EDUCATION IN INDIA | | | | government funded institutions fail to meet this |
| OPINIONS AND STATEMENTS | | | | criteria and practice due to lack of funds and the |
|  | | | | bureaucratic bottlenecks inherent in the system. |
| Â THE SUPREME COURT OF INDIA | | | | Some of the government and government funded |
| Â | | | | institutions have formidably contributed better results |
| The landmark judgment of Honorable Supreme Court | | | | according to the assessment made by the council |
| (SC) of India emphasized the | | | | (NAAC).                  |
| Â need to protect and strengthen private funded | | | | Â |
| higher education system in India by stating " The idea | | | | The overall performance of government sponsored |
| of an academic degree as a "private good" that | | | | and aided institutions are lagging behind the private |
| benefits the individual, rather than a "public good" for | | | | institutions for major reasons namely, shortage of |
| the society, is now widely accepted. The logic of | | | | funds and delay in approval and sanctions by their |
| today's economics and an ideology of privatization | | | | higher authorities. If this hindering block or hurdle is |
| have contributed to the resurgence of private higher | | | | removed it is worthwhile to assure that the |
| education and establishing private institutions where | | | | government institutions can fairly do better than |
| none, or very few existed before" in the year 1993. | | | | private institutions. |
| Â | | | | Â |
| Â | | | | Â |
| THE WORLD BANK | | | | AVENUES AND |
| Â | | | | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
| The World Bank in mid-nineties said, "Developing | | | | Â |
| countries should not invest their scarce resources on | | | | India being a developing nation has achieved a |
| higher education". It underlined stating that social | | | | splendid growth in human power potentiality |
| return on investment made in higher education is | | | | (especially in information Technology sector) only |
| very low compared to primary and secondary | | | | recently to say a decade or so. At this juncture it is |
| education. | | | | essential that the government should constitute a |
| Â | | | | committee at national level to derive at a solution |
| Â UNESCO gave a controversial view in the year | | | | through consensus, whether the subsidies provided |
| 1995, stating that " state and society must perceive | | | | for higher education should be withdrawn. It can |
| higher education not as a burden on federal budgets | | | | also be supplanted with the ongoing process, but |
| but as a long term domestic investment in order to | | | | before a leap it is advisable to view the place where |
| increase economic competitiveness, cultural | | | | it may land. |
| development and social cohesion." | | | | Â |
| Â | | | | Â |
| Government of India favoured the ruling of Supreme | | | | In the globalisation era, privatization of higher |
| Court and statement of World Bank and drafted | | | | education is inevitable and important crucial element |
| papers on cutting downing subsidies and expenditures | | | | for development of society and economy. The |
| on higher education classifying it as non-merit goods | | | | existing objectives are to be redesigned to cater the |
| which can substantially reduce the fiscal budgets. | | | | needs of the present and future environment. |
| The percentage of money spent on education by | | | | Privatization of higher education will certainly create |
| the governments, as a whole (state and central) was | | | | competitiveness and up gradation in educational |
| only 5.6% of GDP. Government proposed to reduce | | | | system and curriculum but it is essential to consider a |
| the subsidy on higher education to 25% over a | | | | new system and objectives, which will improve the |
| period of five years starting from 1994-95, when it | | | | performance and standards. The new educational |
| stood at 90%. | | | | system should posses certain qualitative objectives |
| Â | | | | like self-learning, varied sources of information, |
| Â | | | | adaptation to new skills and knowledge and finally |
| The World Conference on higher education stated | | | | professionalism. The new policies should rely on |
| that "higher education is a public good, and the | | | | decentralization and need based systems and |
| benefits cannot be estimated in monetary terms". | | | | perspectives. |
| It also reiterated "higher education should be | | | | Â |
| accessible to all on the basis of merit". | | | | The task of the government is to create an |
| Â | | | | environment to transform existing institutions both |
| Â Â | | | | funded and non-funded into rapid knowledge basket |
| 1. In the words of David E Bloom, the head of the | | | | which will ensure growth in technology and |
| Task Force Secretariat of UNESCOÂ "In today's | | | | development of skilled people. |
| world, higher education is basic education". Three | | | |  |
| factors are considered on why higher education | | | | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
| funding is an essential investment for social good, | | | | Â Â Â Â Â Â |
| higher living standard, human rights and democracy, | | | | IMPLEMENTATION IDEOLOGIES |
| they are | | | | Â |
| 1. Uncontrollable demand for higher education | | | | Learning is an anywhere, anytime, lifelong process |
| 2. Growing importance of knowledge in the modern | | | | and second thought on this by government should be |
| globalisation era | | | | disregarded. Educational programmes are to be made |
| 3. To compete in knowledge and technology with | | | | elastic and offered at any time and place rather as |
| advanced economies. | | | | calendar programme.  The distance learning |
| Â | | | | programmes of universities have contributed |
| Â | | | | untenable credit to the society at large and |
| 2. Higher education occupies the centre position to | | | | transformed it into a literacy strong economy. This |
| the entire process of earning and research. | | | | venture has also yielded good result and has revived |
| Â Dr. S. Radhakrishnan, statesman, educationalist and | | | | many sick universities into financially self- sufficient |
| philosopher firmly said that universities are responsible | | | | institutions. |
| for moral values and faith in human spirit, ushering the | | | | Â Â Â Â Â Â Â Â Â Â Â |
| world peace. He regarded arts as a necessary | | | |                        |
| discipline for realizing creative imagination and science, | | | | Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â |
| engineering and technology were vital for developing | | | | Â |
| a nation's resources and raising standards of common | | | | This policy should be encouraged, but it nevertheless |
| people. | | | | means that the government should not be a funding |
|  | | | | participant. Until unemployment is eliminated and |
| Â | | | | educational system is converted into value-based and |
| THE CONCERNS AND REASONS – FOR | | | | value- added system the role of the government is |
| PRIVATISING OR RETENTION BY GOVERNMENT | | | | essential. Modern methodologies and sophisticated |
| Â | | | | teaching aids should replace traditional concepts and |
| The benefits of higher education are wrongly | | | | teaching practices, and that will be the right time for |
| perceived and evaluated. Higher salaries are not a | | | | the government to depart from its commitment to |
| quantifiable measurement for evaluating the output | | | | the economy and the people. |
| of higher education.  The contribution of higher | | | |          |
| education is to inculcate leadership qualities, business | | | | Â Â Â Â Â Â Â |
| culture and a stronger economy. The foremost fruit | | | |         Conclusion: wait for a turnaround |
| of education is a zero crime society. | | | | Statistical evidence states that only 9.8% of the |
|  | | | | student community resume for post-graduation. |
| The Emergence of globalisation concept in the world | | | | Higher education is an investment of time and |
| economy is hyper competitive and challenging. This | | | | resources to reap greater socio-economic benefits. |
| eventually necessitates the importance and positive | | | | Knowledge is an incredible asset and undepleting |
| features and implications on the economy by higher | | | | resource. Knowledge-lead activities increase the |
| education. A land without higher education yields | | | | GDP of a nation, which is enabled by skilled |
| fruits, which will be nutritionally deficient. The scientific | | | | knowledgeable workers. |
| development and innovation are engenius that move | | | | Â |
| on the economy to achieve strategic targets which | | | | Â |
| or otherwise impossible to be dreamed. | | | | In the global scenario privatization of higher education |
| Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â | | | | is widely accepted and practiced but in India State |
| The National evaluating body on higher education | | | | funding is essential for sustenance, growth, quality |
| (NAAC) established in 1994 have done a tremendous | | | | produce and competition and above all to transform |
| job in classifying the higher educational institutions | | | | our nation into a developed economy. The |
| government, aided and private according to its | | | | responsibility of the government should not be |
| performance in the past and the proposed actions of | | | | thrown away or/and to shoulder it on private |
| the future. This has no doubt created awareness to | | | | institutions. In the developed economies like USA |
| the institutions as well as teaching community, to | | | | school education is still supported and assisted by the |
| improve the performance through innovative means | | | | State, this precedent is to be considered by India in |
| of imparting knowledge and also enhancing the level | | | | higher education. Hence, it is essential to think and |
| of educational system.  Training, industrial visits, | | | | make a right decision. |
| seminars, symposiums, workshop, competitions and | | | | |