It is the education sector equivalent of the 1991 liberalisation of industry which rapidly improved its performance. After liberalisation, the advent of new financial institutions such as HDFC Bank improved the quality of services for customers. You, as a good student, want to go to a university which attracts other good students and has successful alumni. NEP has the right idea that BoG should consist of highly qualified, competent, and dedicated individuals. Therefore, not everyone who is a competent director of companies is a competent member of an academic institution’s BoG.

Source: Hindustan Times August 26, 2020 13:35 UTC