Happy Fourth of July!
On this day in 1776 the Declaration of Independence was adopted by the Continental Congress which announced that the 13 American colonies were no longer part of the British Empire. That was the culmination of the American Revolution.
India’s higher education must reflect the dynamics of its economy and the diversity of the needed human capital for powering its growth in an increasingly competitive globalized world. The circular causation between an effective higher education sector and the economic growth makes the sector especially amenable to positive feedback effects – once the process is initiated, the system automatically builds up capacity to keep the growth of the sector to match the growth of the economy. Policy choices dictate the initial conditions and kick-starting of this virtuous process.