The Higher Education System in India and Its Impact on the Economy

21 Pages Posted: 1 Sep 2012

See all articles by Vidya Yeravdekar

Vidya Yeravdekar

Symbiosis International University

Gauri Tiwari

Symbiosis International University

Date Written: September 1, 2012

Abstract

The paper surveys the extent to which the higher education system in India has a bearing on the economy. The subject has rightly assumed unprecedented prominence in the country and continues to be extensively researched and deliberated. The paradox about the coexistence of economic growth and disparity has also been discussed to the point of redundancy. This research inquiry is pioneering in that it places disparity in the economy as well as the country’s economic performance in comparison with other Asian economies in the framework of shortfalls in the higher education system. The authors argue that in order for higher education to contribute constructively to the economy, the systemic lacunae must be isolated and rectified. The paper examines the concern by delving in to a chronological survey of the parallel evolution of higher education and economic growth in the country since independence from colonial rule. Further, the study takes stock of the present Government initiatives that have been undertaken in this regard and makes inquiries into the scope of their application and assessment of their merit.

Keywords: skill training, human resource development, national capacity building, GDP, GER, knowledge economy

Suggested Citation

Yeravdekar, Vidya and Tiwari, Gauri, The Higher Education System in India and Its Impact on the Economy (September 1, 2012). Available at SSRN: https://ssrn.com/abstract=2139894 or http://dx.doi.org/10.2139/ssrn.2139894

Vidya Yeravdekar (Contact Author)

Symbiosis International University ( email )

SB Road, Lavale
Mulshi
Pune, Maharashtra 411004
India

Gauri Tiwari

Symbiosis International University ( email )

SB Road, Lavale
Mulshi
Pune, Maharashtra 411004
India

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