There is a general presumption that higher education is not necessary for economic growth and development. On the other hand, it is literacy and primary education that is argued to be important. Estimates on internal rate of return also contributed to strengthening of such a presumption. Increased national and international concerns for Education for All, also led to overall neglect of higher education in many developing countries.

Higher education becomes critically important for developing and sustaining a good quality primary and secondary education. It is also a critical factor necessary for economic growth and development and also for its sustenance. It is important to note that while literacy and elementary education are important and necessary for development, they are not adequate for economic development. Without realizing the importance of higher education in development, many governments tend to ignore higher education. Many recent polices initiated at the national as well as state level, confirm this. This may result in outcomes that would prove to be costly to the society not only in the long run but also even during the short to medium terms. One of the most essential requirements of any system in general and education in particular is availability of latest information on different aspects of education on going programmers at different levels periodically. Education in India has different levels such as preschool, primary, upper primary, secondary and higher secondary, technical, and professional and levels of higher education.

Higher education occupies a low priority in public expenditures. Its share