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Higher Education and Economic Development in India


Affiliations
1 JSS Research Foundation., India
2 JSS PG Centre, Saraswathipuram, Mysore, India
     

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An attempt is made in this paper to 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.
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  • Higher Education and Economic Development in India

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Authors

B. N. Krishna
JSS Research Foundation., India
K. S. Rajashekara
JSS PG Centre, Saraswathipuram, Mysore, India

Abstract


An attempt is made in this paper to 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.