'Gross enrolment ratio in higher edu to touch 50 pc by 2030'

Gross enrolment ratio in higher education in the country would touch 50 per cent by 2030 from the present 17 per cent with the emergence of a "robust" education system by then, according to a new report.
Released today, the FICCI-EY report said the country will emerge as a single largest provider of global talent, with one in four graduates in the world being a product of the higher education system.
It also said India will be among the top five countries in the world in terms of research output with an annual R&D spending of USD 140 billion.
It also stated that India will have more than 20 universities among the global top 200 as its higher education system will emerge as a "role model by 2030 for high quality affordable educational system and will become a global magnet of aspiring learners".

The report, however, suggested crucial interventions like easing faculty recruitment norms, implementing tenure based and rewards-based systems to retain quality faculty, promoting teaching as an attractive profession, and incentivising and facilitating faculty development and exchange programs.
It also called for incentivising high-quality private and foreign participation in higher education and widening access through virtual classrooms and massive online open courses.
The report sought strengthening industry academia linkages and collaborating with skill-based training providers and attracting and incentivising best-in-class faculty to conduct research, adopting various models to develop research capabilities in institutions in India.