Academia.eduAcademia.edu

Impact of Privatisation of Education in Indian Society

Abstract

This paper aims to analyse the impact of privatisation of education in the Indian society. The government of India introduced new economic policies namely globalisation, privatisation and liberalisation to increase employment, output and income opportunities and achieve economic development at international level. Privatisation has brought about rapid change in the educational scenario of India. It is seen that privatisation encourages the individuals and religious organisations to establish colleges and deemed universities to meet the growing demand for higher education. Consequently, higher educational institutions are found throughout the country. It not only increases the number of higher educational institutions but also increases the number of seats for highly demand courses such as engineering and medicine. Moreover, it decreases the distance between the educational institutions. It causes competition among them to fill the seats allotted by the affiliated universities and maximize socioeconomic benefits. However, it creates the gap between the demand and supply of higher education. It not only increases the cost but also decreases the quality of education. Thus, privatisation has positive and negative impact on education and society. Hence, the present study is an attempt to analyse the impact of privatisation on the growth and demand and supply of higher education and on society at micro level. Introduction Education is the most important and powerful tool invented by mankind to shape and mould himself for personal as well as social life. In short, it prepares the man for life. Moreover, it is the important source of employment, income and standard of living. So, everyone gives important to higher education. As a result, it has become one of the basic necessities of human life in the materialistic and knowledge society. Hence, the demand for higher education has increased especially after the independence of India. But the central and the state governments are unable to meet the increasing the demand for higher education due to financial constraints, non-availability of appropriate places and cost of higher education. Therefore, it encourages the individuals and organisation to establish colleges and deemed universities. As a result, the number of self-financed arts and science, engineering and medical colleges has increased on the one hand and increased the gap between the demand and supply of higher education. This is also because the afflicted colleges have applied for additional seats to meet the demand for certain courses. Thus, the increase in the number of colleges and demand for additional seats create a gap between the demand and supply of higher education in many higher educational institutions in India. Further, privatisation has positive and negative impact on higher education and society.