*Research Scholar, Gujarat Technological University
**Director & Professor of Economics, GLS Institute of Business Administration
Online published on 23 July, 2015.
Knowledge is power and therefore has remained one of the most important driving forces of sustaining human existence. For any economy to achieve exponential economic growth, it is essential to gear up skill based activities through a potential, vibrant and dynamic higher education system. The system is huge and complex, and there is a consensus that reforms are imperative. Over the years, trade, investment, mobility of people and the economy have grown significantly and so the need of revamping the higher education system replacing the age old and non-relevant practices. Looking at the deficiencies in most of the key areas of higher education system of India like accessibility, quality, financing and governance, a strategic paradigm shift in the policy framework and overall functioning is needed to meet growing expectations and societal needs.
Indian Higher education system, Governance, Need for governance, Issues, challenges