Article Title :
Status of Access to Higher Education in India

Author Name :
Ashutosh Kumar

Keyword :
Higher Education, GER, MPCE, SC, ST, OBC

Publisher :
Politic India Publication

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Abstract :
Academically, higher education is the highest level of educational attainment endeavor. It empowers people to utilize their optimum potential. The relationship between access to education and economic development is well-established in the relevant literature. The most important contributors in this literature are Schultz (1961) and Becker (1964) who viewed expenditure on education as an investment in human capital. Subsequent study of Blaug (1969), Tilak (1987) and Psacharopoulos (1993) show that investment in education yields a higher rate of return than investment in physical capital. As India is striving to compete in globalized world, she has to attain a sophisticated knowledge based economy which in turn needs a robust, indiscriminatory and universal higher education system. Importance of higher education is well documented, it becomes essential to know whether Indian higher education institution is inclusive and broad based. It will also indirectly indicate whether India is ready for knowledge economy.