Authors : Rakhunde J.
Page Nos : 96-102
Description :
There are anatomical transformation going on Indian economy through Make
-
in
-
India
campaign; there will be
need for a workforce of more than 3 billion by 2020, increasingly in the
manufacturing and services sectors. India's 90% of GDP & employment of 75% is expected to be supplied
by manufacturing and services sectors. The thrust is to realize National Manufact
uring Policy (NMP) and
Public
-
Private Partnership and enhance inflow of Foreign Direct Investment. India is vitally positioned to
produce benefits of this transformation with large manpower and increasing pool of higher education and
has been critical thin
k in this campaign. India is serving the requirements of both global economy and
domestic by creating globally admissible and competing higher education system. This paper provides an
overview of the policies so far and recommendation of improvement in pri
vate industry encouragement
and foreign collaboration and greatly promotes the need to increase commitment towards allocation to
higher education, research & development and improve higher education in India and suggest ways to
ensure the higher education
remains affordable, accessible, qualitative and competitive in the era of Make
in India.