The higher education sector in India has seen a substantial increase in enrolment and rising equity over the past eight years, as revealed by the All India Survey on Higher Education (AISHE) 2021-22. The Economic Survey 2023-24, tabled in Parliament by Union Finance and Corporate Affairs Minister, Smt Nirmala Sitharaman, highlighted that total enrolment in higher education surged to nearly 4.33 crore in FY22, up from 4.14 crore in FY21 and 3.42 crore in FY15—a remarkable 26.5% increase since FY15.
This growth has been driven significantly by underprivileged sections, including SC, ST, and OBC communities, with a notable increase in female enrolment across these groups. Female enrolment in higher education jumped to 2.07 crore in FY22 from 1.57 crore in FY15, reflecting a 31.6% rise. This growing equity in higher education is expected to translate into better employment opportunities for previously disadvantaged sections of society.
India’s educational landscape is vast, with 26.52 crore students in schools, 4.33 crore in higher education, and over 11 crore learners in skilling institutions. The National Credit Framework (NCrF), announced under the National Education Policy 2020 in April 2023, serves as the foundation of a regulatory structure that promotes lifelong learning.
The Economic Survey underscores the importance of mission-mode and cost-effective implementation of educational programmes, especially at the primary level. Effective public spending on education should focus on pedagogy and governance, including monitoring teaching quality, recognising teacher performance, and employing local volunteers to ensure students are taught at the appropriate level.
India is making significant strides in research and development. The number of patents granted in FY24 nearly quadrupled from FY20, reaching almost 1,00,000. According to the World Intellectual Property Organization (WIPO), India had the highest growth in patent filings in 2022 at 31.6%. The country has improved its rank in the Global Innovation Index from 81st in 2015 to 40th in 2023.
Ph.D. enrolment has also surged, with an 81.2% increase from FY15 to FY22. Gross Expenditure on R&D (GERD) has more than doubled since FY11. The newly established National Research Foundation, ‘Anusandhan’, aims to bolster India’s R&D ecosystem with a significant financial commitment from the government.
India’s ascent in high-quality research is marked by its rise to 9th place in the Nature Index 2023, surpassing Australia and Switzerland. The government’s commitment to research and innovation is encapsulated in the interim budget of FY25, which includes a Rs. 1 lakh crore corpus for research, adopting the slogan “Jai Jawan, Jai Kisan, Jai Vigyan, Jai Anusandhan”.