India

UP CM Yogi Adityanath Unveils Plans To Boost Private Investment In Higher Education

In a pivotal meeting aimed at advancing Uttar Pradesh’s higher education sector, Chief Minister Yogi Adityanath has instructed the formulation of a new policy to bolster private investment.

The Chief Minister highlighted the state’s achievement of the one division, one university initiative and set a new target, one district, one university.

Chief Minister Adityanath celebrated the completion of the one division, one university concept, noting that universities have bee established in all 18 divisions of the state, with ongoing construction in several areas.

Looking ahead, the focus is however shifting towards achieving one university per district, with private sector involvement anticipated to play a crucial role.

Addressing the meeting, Adityanath underscored the importance of private-sector funding to meet the rising demand for higher education.

He further emphasized that increased private investment could enhance the number of institutions, courses, and seats available, ultimately improving the quality of education and research in Uttar Pradesh.

CM Adityanath stated, “As India’s youngest state, Uttar Pradesh has a unique opportunity to leverage private investment to address educational needs.”

Uttar Pradesh Targets 50% GER By 2035 as Youth Population Rises To 16.5% By 2030

With the state’s average age projected to rise from 21 to 26 years by 2030, and its contribution to India’s youth population likely to reach 16.5%, the push for higher education is crucial.

The Gross Enrollment Rate (GER) currently stands at 25.6% and needs to reach 50% by 2035, as per the National Education Policy (NEP).

The Chief Minister directed officials to study policies from other states and engage with stakeholders to draft a comprehensive higher education promotion policy.

This new policy is likely to include incentives for investors, such as stamp duty exemptions and capital subsidies.
Additional incentives will be considered for universities established in aspirational districts and top-ranking global universities proposing campus expansions in the state.

CM further asserted, “Private investment in higher education is not just a necessity but an opportunity to significantly enhance our educational landscape.”

The development of this new policy will prioritize these goals, aiming to create a robust framework to attract and facilitate private sector involvement in Uttar Pradesh’s higher education sector.

Also Read: Allahabad High Court Orders CBI Probe Into Alleged Misuse Of Judicial Process

Vishal Talwar

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