NEW DEHLI: Comprising over 31,000 institutions, the higher education system in India needs an investment of R10 lakh crore by 2020 to create an additional capacity of 25 million seats. The private sector, which accounts for 52% of the total enrollment, would invest R50,000 crore of this per year.
These are the findings of the annual Ficci-Ernst &Young report, which also reveals that the compound annual growth rate (CAGR) of the number of institutions at 11% is faster than that of student enrollments of 6%. In fact, more than 5,000 colleges have been added in the last one year alone… (
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