Eduction in India: $20 billion to be spent by 2020
Spending on higher education to cross 2.32 trillion (Indian Rupee) by 2020
Prashant K. Nanda, firstname.lastname@example.org, Posted: Fri, Mar 11 2011. 1:00 AM IST
The number of students pursuing higher education in India has almost doubled to 16 million in the past decade. The government aims to add 25 million more students in the next 10 years.
Spending on higher education in India will grow at an average 18% a year.
The number of universities has been rising at 5% annually since 1950, said the E&Y report. Growth in the number of colleges rose to 8% a year after 1990, compared with 6% annually in 1950-90. There are nearly 26,000 colleges and 527 universities in the country today.
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