Raghunath K. Shevgaonkar, Indian Institute of Technology DehliEducation is the key to socio-economic development and character building. Higher education plays an important role in knowledge and wealth creation. Historically, one can find a good correlation between the spread and quality of higher education and the economic development of a nation. Scientific, social and economic developments in developed nations can be primarily attributed to the robust higher education systems those nations developed over a long period of time. Many European universities have a tradition longer than a few hundred years, whereas in the developing nations the modern education system evolved only in the last 100 years. In countries like India and China, although there were world-renowned universities in pre-Christ era, in the intermediate period the higher education system deteriorated due to many social, economic, geographical and political reasons, and today these large nations suffer from inadequate higher education systems….
2014
PDF – read the full article