Latest official data on students and colleges in India indicates a healthy growth in terms of institutional capacity, according to UGC. Between 2004 and 2009, number of colleges increased by nearly 9,000 and student enrollment increased by 3.65 million students.
However, this healthy growth in numbers has its share of paradoxes and problems. It becomes obvious that in comparison with other growth indicators like GDP or number of cars, higher education has seriously lagged behind. Yet, there are signs of overcapacity and disillusion.
- The rate of growth of teachers (faculty) was slower than the number of universities and colleges. This has created a shortage of qualified faculty in higher education institutions.
- Number of students have grown at a slower pace as compared to the number of universities and colleges. This has resulted in oversupply of seats and many of which remain vacant.
- Number of colleges have grown at a rate slower than the growth of GDP resulting in talent shortage and continued demand for talented and skilled workforce.