The government will fix social responsibility and control private universities so that there will not be scope for monopoly, Ravi told mediapersons. He said seven institutions have applied for setting up private universities in the State.
Resource constraints will make it difficult to meet the need of expanding higher education entirely through the public sector, hence private investments in higher education, including under PPP mode, would be encouraged," President Mukherjee said while addressing the fourth convocation of LNMU.
When the Foreign Educational Institutions (Regulations of Entry and Operations) Bill was introduced in parliament in 2010, no less than 50 foreign universities showed interest in setting up operations in India. Two years down the line, their interest seems to have dwindled
Private Universities in India have grown from 16 to 140 in five years (124%) and from 100 to 140 in less than a year. This is astonishing growth as only universities in India have degree awarding power. Colleges are "affiliated" to universities as teaching institutions.