Prof. Arvind Panagariya on Indian Education System: The State and the Private Sector’ role’
- “….must first end the tyranny of the University Grants Commission (UGC) by abolishing it altogether. After nearly six decades of central control, our colleges and universities are surely mature enough to handle their own affairs.
- Ten years ago, gross enrolment ratios in higher education in China were below India’s. Today, they are more than one and a half times ours. If we rely solely on the state to catch up, we can be sure to fall further behind. The state has neither the resources nor ability to fill the vast gap that now exists between the demand for and supply of college and university education. Absent massive private entry, severe skill shortages await our industrial and services sectors.”