ABSTRACT
Indian higher education unquestionably faces huge challenges. While on one hand there is a need to bring as many young people as possible into the higher education fold, on the other it is required to significantly focus on building quality and global competitiveness. Institutions offering such programmes have been established by the private sector. While the government has introduced various bills in the Parliament, each of these seems to be stuck at various levels. Bills, such as National Commission for Higher Education and Research, National Accreditation Regulatory Authority for Higher Educational Institutions, and Foreign Educational Institutions, if passed can bring much needed structural changes. There is an urgent need to debate these bills and ensure that they are passed. A change in mindset is required. Perhaps, time has come to remove the stigma associated with profits in education sector so that legitimate private enterprises can have access to capital and set up world-class institutions that the country needs so badly.
