Financing of State Universities in India: A Case Study

Issues and Ideas in Education

View Publication Info
 
 
Field Value
 
Title Financing of State Universities in India: A Case Study
 
Creator Krishnan, C.
 
Subject Higher education
Merit good
Internal resource generation
University finance
 
Description The fiscal crisis facing the economy has led to withdrawal of the state from major sectors of the economy including education. With the advent of the liberalized economic policy the private sector has been playing a pivotal role in the economic development. Higher education ceases to be the‘merit good’ and the universities are encouraged to mobilize resources by their own efforts rather than depending on government grants. This has impacted the financing of state and central universities across India. Actually, this paper evaluates the funding of state universities in India through a case study, taking into consideration the changing contours of financing higher education. The core idea of the study is to analyse the resource mobilization as well as its utilization by the selected university. The study is based on secondary data. The discussion on the funding pattern reveals that the university is highly dependent on state grants for their day-to-day functioning. Though the efforts to generate internal resources is picking up, the university has failed to address the long run financial crunch of the university. The study concludes that unless the universities explore alternative channels of resources mobilization, it would be difficult to offer quality education in this era of globalization.
 
Publisher Chitkara University Publication
 
Date 2021-03-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://iie.chitkara.edu.in/index.php/iie/article/view/211
10.15415/iie.2021.91002
 
Source Issues and Ideas in Education; Vol 9 No 1 (2021); 7-19
2320-8805
2320-7655
 
Language eng
 
Relation https://iie.chitkara.edu.in/index.php/iie/article/view/211/111
 
Rights Copyright (c) 2021 C. Krishnan
https://creativecommons.org/licenses/by/4.0/legalcode
 

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