The Confederation of Indian Industry (CII) and the Indian Council for Research in International
Economic Relations (ICRIER) have collaborated on preparing a paper outlining recommendations to revitalize the higher education sector in India with greater participation of the private sector in a more liberal and encouraging investment climate. The paper is based on an earlier Working Paper by Pawan Agarwal entitled ‘Higher Education in India: The Need for a Change’ of May 2006.
Key recommendations of the paper are:
1) Private sector entry must be facilitated.
2) A uniform ratings and accreditation system is needed.
3) Institutions should have autonomy in administration and curriculum design
4) Foreign Direct Investment in higher education must be liberalized.
5) The country must become a global education service provider.
6) Fee structure must be rationalized on the basis of user charges.
7) A vibrant credit market for financing higher education must be developed.
8) World class institutes must be developed through greater public investment.
9) Admissions should be through national level entrance exams.
10) Faculty conditions must be upgraded.