A Critical Analysis of Financing in Indian Higher Education

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Ranjana Jha, Dr. Ashim Kumar Das

Abstract

The present study attempts to understand and explore the higher education financing structure of India, for instance, public expenditure on higher and technical education in India and, role of center and state in financing higher and technical education in India. Besides, the study carryout a cross-country comparison on higher education financing of the OECD countries and takes into consideration the data from the year 2000 till 2018. The cross-country analysis shows the relative stand of countries on funding of higher education sector, which becomes helpful for a developing country like India, to devise a proper policy on financing the sector. As the education sector is experiencing globalization effects, knowing the phenomena followed by other countries, may help in developing and enriching equitable human resource for future.


 

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