GLOBAL MARKETISATION, COMPETITION AND MANAGEMENT: ITS IMPACT ON PRESENT HIGHER EDUCATION SYSTEM

Higher education is extremely important for a county as it creates different types of specialised persons in different fields. As India gears towards becoming a knowledge society, higher education would be one of the main propellers of this transformation. Higher education is a critical input of human development since it has a direct correlation with infrastructure and GDP. In an increasingly knowledge- centric society, institutions of higher education need to constantly adapt, evolve and innovate. Even larger changes are happening on the cultural side. Economic and cultural globalisation has ushered in a new era in higher education. Three pillars of higher education are Access, Quality and Relevance need to be perfectly worked out and the objectives of reform and change in our higher education system must be expansion, excellence and inclusion. However, sincere efforts should be made at all levels to bring excellence in Indian higher education system. This paper has tried to outline how global phenomena in higher education focuses on global marketisation, competition and management in higher education.