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Follow on Google News | Indian Higher Education Sector – Low Gross Enrolment RatioIndia has the third largest volume of enrollments in higher education, after China and the US.
By: Shruth & Smith GER compares poorly to its global counterparts. Furthermore, high dropout rates in primary education have affected the enrollments in higher education. Drop out rates in Grades 1-5 is 29%; in Grade 6-8 is 50% and in Grades 9-12 is 62%. The planning commission is targeting a GER of 15.5% by 2012 which is an increase from 11% in 2008 The National Knowledge Commission (NKC) has recommended that the government will need to establish 1500 universities to meet their GER target. Thus, India’s low GER provides opportunity for new and existing players in the market including skill development and vocational training institutions (Refer to exhibit 9). The expenditure required in higher education will have to increase to 1.5% of the GDP from the existing level of 0.7%. This translates into a huge potential for about 22mn students enrolling in higher education institutions by 2012. The public spending is focused more on primary education leading to underdeveloped higher education sector in India. Public spend on education in India amounts to 5.2% of the world’s cumulative public spend, but India is home to 20% of the population in the target group. The investment in the higher education sector increased from 0.67% of the total GDP in FY07 to 0.7% of the total GDP in FY08 whereas the share of higher education expenditure as a percentage of total education expenditure has declined from 17.4 in FY06 to 19.1% in FY08. Lack of higher education infrastructure has made it extremely difficult for India to act as a hub for professional education. The current higher education infrastructure can admit only 7-8% of the college students. India attracts 20,000 foreign students yearly, whereas China attracts more than 0.15mn students annually. Even though public expenditure on education has been rising, the investment per student is one of the lowest among other major countries # # # The Shruth & Smith Foundation is an independent, nonprofit, nongovernmental organization committed to work towards resolving enduring problems in social, educational and rural sectors that requires sustained effort and determination. End
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