(By Aryavart International University, India)
Pandhari Prasanna, Nagoor B H
Vol. 2, Jul-Dec 2016
Abstract:
This paper reviews the public expenditure on higher education in India, analyzing trends, patterns, and compositions of this spending over time. The study highlights the significant role of state governments, which account for about 80% of the expenditure, compared to the central government's 20%. The paper also examines the shifts in spending priorities from higher education to elementary education, reflecting policy changes and economic constraints. Additionally, it discusses data limitations in evaluating efficiency and the impact of privatization and policy recommendations on the funding landscape. The findings indicate a deceleration in higher education spending and emphasize the need for a balanced and sustainable approach to financing education.