Increasing Higher Education Spending

This requires going back to what happened last year, when the allocations (BE) went up to 1111 crores from 253 crores in the year 2006. For IISc, the allocation of 196 crores was way higher than 85 crores in 2006. For the IIMs, the 2007 figure of 103 crores was nearly three times the allocation of 35 crores in 2006.

Abi looks at the expenditure budget for higher education institutions and notices a big jump in numbers; all of which traces back to one important policy change that happened in 2007.