India needs 2,500 universities to accommodate 50% students: NITI Aayog CEO

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India needs 2,500 universities to accommodate 50% students: NITI Aayog CEO - Business Standard

Quick Summary:

Delivering a keynote address at the Indian School of Business (ISB) here on Friday, he said though one university and two colleges were opened every week in the past ten years, only 29 per cent of the age cohort enroll in the varsities.

In order to have 50 per cent students in universities, India needs to double the varsities' strength to 2,500, NITI Aayog CEO BVR Subrahmanyam has said.

"Today we have 1,200 universities and slightly more than four crore students, but that's only 29 per cent of the cohort age enroll in the university system.