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Cover Story

             INDIA’S TOP-RANKED





             PRIVATE UNIVERSITIES








             For the first time since independence a substantial number        (Indian Institute of Science, Banga-
             of the country’s 10 million higher secondary school-leavers       lore, BITS-Pilani, Manipal Academy
             annually have the option to access high-quality, globally         of Higher Education) had been reluc-
                                                                               tantly permitted several decades ago
             comparable undergrad education in well-funded, well-              — have transformed India’s higher
             administered private universities                                 education landscape. For the first
                                                                               time since independence, a substan-
                                                                               tial number of the country’s 10 mil-
                                                                               lion higher secondary school-leavers
                                                                               annually have the option to access
                                                                               high quality, globally comparable lib-
                                                                               eral arts and humanities undergrad
                                                                               education, supplemented with pro-
                                                                               fessional elective study programmes
                                                                               in well-funded, well-administered
                                                                               private varsities such as Ashoka, Am-
                                                                               ity, Jindal Global, Bennett and Krea,
                                                                               at a fraction of the price of studying
                                                                               abroad.
                                                                                 This revolution in higher educa-
                                                                               tion is not restricted to liberal arts and
                                                                               humanities. High potential, globally
                                                                               benchmarked privately promoted and
                                                                               managed  universities  such  as  BML
                                                                               Munjal, Shiv Nadar and VIT univer-
                                                                               sities, and Plaksha, Mohali, which
                                                                               will admit its first batch this year, are
                                                                               poised to  rejuvenate engineering and
             Manipal Academy of Higher Education snapshot: #1 sixth consecutive year  technology education.
                                                                                 Regular readers of this publication
                      part  from  doubling  the   ties countrywide. Evidently enthused   are no doubt aware that your editors
                      rate of annual GDP growth   by the 7 percent-plus annual rates of   are enthused by private initiatives
                      which lifted an estimated   economic growth and rising business   in preschool to Ph D education. We
             A300 million citizens above      and industry confidence, a new genre   believe that academically, adminis-
             the poverty line, one of the most so-  of education entrepreneurs, aka edu-  tratively and financially autonomous
             cially  beneficial  outcomes  of  liber-  preneurs, mobilised men, money and   institutions managed by academics
             alisation and deregulation of the diri-  materials to promote several dozen   and organisation management pro-
             giste Indian economy from pervasive   globally benchmarked private univer-  fessionals are better equipped to de-
             licence-permit-quota raj in 1991 — a   sities modelled on America’s best Ivy   liver meaningful learning connected
             cause for which your editor raised the   league universities.     with industry and business require-
             banner of revolt four decades ago  as   Since then India’s new age private   ments, than unaccountable generalist
             founding editor of Business India and   universities, especially liberal arts and   bureaucrats in the Central and state
             Businessworld — is the sprouting of   humanities institutions — because pri-  education ministries.  Over  the  past
             a large number of private universi-  vate science, medical and engineering   seven decades the latter have reduced

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