According to the report, over 170 million students eligible to pursue higher education in India are out of its ambit and the poor and uneven infrastructure is one of the key reasons behind it.
FICCI has noted that to improve the education delivery in higher education restrictions have to be liberalized, policies updated and a new strategy has to be implemented.
The report findings state that despite government initiatives, there is a need to play a proactive role towards PPP and expedite the approval process at the centre decision-making.The government needs to step in not only through improvised regulatory framework but also through a different form of strategy – PPP.
The industry lobby has advocated that tax exemptions should be provided to corporate and individual contributions to attract private investment into higher educational institutions.
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