India to create 20 world-class universities

Source: Study International via Academica

The Indian government reportedly plans to turn 20 universities into world-class institutions. Indian Finance Minister Arun Jaitley announced in February that “enabling regulatory architecture will be provided to 10 public and 10 private institutions to emerge as world-class teaching and research institutions” and that a not-for-profit Higher Education Financing Agency would be created to “leverage funds from the market” to support improvements. While the announcements were “encouraging” to Boston College Center for International Higher Education Director Philip Altbach, he dubbed the plan a “tall order” and expressed wariness due to a historical lack of success in India’s previous efforts to achieve similar goals.