By - 20 October 2022
20 October 2022
Adam Smith’s argument, “Virtue is more to be feared than vice, because its excesses are not subject to regulation of the conscience” holds relevance in the context of the over regulated Indian higher education. The sector faces the intricate challenge of managing growth and scale (improving GER from 27% to 50%) and infusing quality (skill development thereby improving employability) as the government reduces budget allocation per student and tries to achieve all this under an over regulated hierarchy. No doubt that we owe the intensity of the current regulatory environment to past misdeeds in the education system, but drunk driving isn’t an argument against cars. However, the new set of regulations and guidelines seem to be undoing the past mistakes and helping the sector come out of the chronic neglect of post school education.