The idea is to create a global open market, where services such as education can be traded to the highest bidder. GATS covers educational services in all countries whose education system is not exclusively provided by the public sector or education systems that are commercial. In India, we can not obtain an exemption in the education of the implementation of GATS for education at all levels, especially higher education is not entirely free (ie you have to pay certain costs) business because of their huge financial resources that are able to attract the best talent available in the country and thus provide quality service to its customers (students). They have access to new sources of funding. In India also the issue of shares by the schools and the educational institution and its listing on the Stock Exchange will become a reality. Then, the quality of the school can be found by looking at the share price of the stock market and like any business of wealth maximization is the main objective of the institute and all efforts will be to increase its share of market and ultimately increase the market capitalization.

The government reduced subsidies to universities and colleges and institutes they are invited to organize their own sources of funding. In this scenario, the educational institutions that are not the earned surplus to die as any other unit of industrial look. Therefore, it is time that colleges think that earning surplus to the competition for survival.

But when these institutions are run on commercial principles essential to obtain benefits, obviously, the tuition will be higher. The application of certain practices unethical and unfair to attract more students and benefits can not be overlooked in this scenario.

4. India reality

In a country like India, where a large proportion of our population lives below the poverty line, nearly 35% of the population remains illiterate and speak of eliminating poverty and illiteracy in this situation are the most abused. Therefore, the government and its institutions, which will consider this aspect. It is desirable to have higher education by charging high fees for government-run colleges and universities are not desirable and that the government must consider the aspect of well-being of its people. But before reaching a conclusion that we must consider the earth and the harsh reality in this regard: –

1. India is a WTO member countries must respect the decisions and rules of the WTO. Therefore, can not stop universities and foreign institutions to operate in India, which have large financial resources, physical and intellectual are running on business principles entirely profit.

2. The Government of India has reduced appropriations to the attention of universities and public colleges and institutes they are called to mobilize resources from domestic sources and external sources. They are also invited by the UGC and NAAC to be more competitive.

Then the time and opportunity for our institutions and government-funded universities and colleges to raise competition and globalization. This can be possible only when you stand on their own feet by obtaining surplus and are effectively and efficiently handle. But at the same time, we must think for the weaker sections of society who could not afford a high cost to the study.

 

5. The model of Arvind Eye Hospital, Madurai

Arvind Eye Hospital in Madurai has established a business model of quality that shows how an organization can serve society in general, first and may earn extra cost on the other side. By Arvind Eye Hospital, the economically poor receive free health care and patients who can pay the cost of treatment required. Over two-thirds of patients treated at the hospital in the fall under the first non-privileged economic status, yet the hospital has received substantial benefits. But a remarkable political note is that the service provided to both categories of rich people and poor people are exactly alike and no obligation of any kind is made as to the quality of care and services. The secret of the success of the hospital to give patients the volume of business and the fact that the hospital is not spending money on conspicuous consumption.

The promotion is word of mouth and print media. As may be adopted by our government and administered by universities, where the need may be a charge for students whose parents can afford, and concessions given to economically disadvantaged students. With globalization, liberalization, privatization of the people and economic growth increasingly find employment in the private sector led to an increase in purchasing power in the hands of the middle and upper class of society realized and can afford a quality education at higher prices. It is a positive factor that universities can cash at the moment and this confirms the above.