Higher education plays an important role in the creation of human capital. After independence India made significant improvement in the field of education including higher education. Growth of higher educational institution as well as enrolment in higher education has increased during the post-independence era. Government expenditure on higher education increased tremendously and it helped in the expansion of this sector. But, despite the massive increase in number of higher educational institution, the percentage of enrollment is not very high. Because, higher education is still not accessible to the poorest section of the population due to high cost associated with it. In this paper an attempt has been made to analyse the trend, growth and changing pattern of higher education in India.
Public expenditure, Higher Education, Compound annual growth rate
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