The implementing of the RTE- Right To education Act will leave finances for Higher education in a tight spot for Karnataka. With the government contemplating on increasing the proportion of students enrolling into higher education.Although the government is contemplating increasing the number of students entering higher education by 2.6 crore by 2021, the implementation of the RTE Act will make finances tight.
H Chuturvedi, the alternate President of Education Promotion Society for India (EPSI) emphasized the need for private players to invest in the same. He said “There is less resources for higher education. While an investment of rs.10 lakh crore has to be made, there is only 3 lakh crore in hand for the next 10 years. For the RTE Act to be implemented, the expenditure every year will be Rs.70,000 crore. Here's where the investment of private players come into play”.
Other issues related to higher education were debated while announcing the setting up of the regional chapter in Bangalore, EPSI, which is expanding its activities to Karnataka and Kerala in July. The President of EPSI said “We are requesting the government to hold talks with the stakeholders. With their support the present Gross Enrollment Ratio (GER) that currently stands at 15% can be increased to 30% by 2012”.