Abstract

This paper critically examines the transformation of higher education financing in India, particularly in light of the National Education Policy (NEP) 2020. It highlights the diminishing role of state funding and the increasing financial burden on households, analyzing the implications for privatization and monopolization within the education sector. Historical context reveals a shift towards neoliberal policies prioritizing profit over egalitarian ideals, culminating in a landscape where market dynamics intertwine with political ideologies. The paper scrutinizes key recommendations from the Ambani-Birla Report and the NEP, emphasizing the risks of commercialization and exclusion. Ultimately, it argues that NEP 2020 may undermine established educational structures and neglect constitutional values, reinforcing a corporate Hindu narrative that jeopardizes the promise of a democratic and equitable education system in India.

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