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Higher education spending: India at the bottom of BRIC

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Higher education spending: India at the bottom of BRIC

Despite an expected 150 per cent increase in central spending on higher education in 2007-08 (at Rs 6,354 crore over Rs 2,550.50 crore this year), the fact remains that India will continue to lag behind, compared to its asian counterparts.

At the moment, public spending on higher education per student in India stands at $400 (Rs 18,000) and this is expected to improve to around $1,000 (Rs 45,000).

Previously released United Nations Educational Scientific and Cultural Organisation (Unesco ) data had showed that at $400, India had the lowest public expenditure on higher education per student among developing and developed countries.

More : business-standard.com

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