To achieve the objectives of National Education Policy 2020 and tackle cash-flow problems during crises like Covid, appropriate tax incentives and timely policy changes are key.
The National Education Policy 2020 envisages growth of nearly 100 per cent, from 26-50 per cent, in Gross Enrolment Ratio (GER) in higher education. India has around 40,000 brick-and-mortar institutions imparting undergraduate education. To double GER, even a basic analysis would suggest establishing 40,000 more undergraduate institutions. One may argue that we could encourage existing institutions to expand, but would that extend our reach to every remote place across the country?