Challenges of Designing a New Regulatory Framework in Higher Education
While everyone has been recommending, since 2007, for an all-embracing single regulatory body to take care of all higher educational institutions and programmes, none has been able to provide details of deficiencies that have made the existing regulatory bodies dysfunctional. In the meantime, the idea of the single regulator has seen some major dilution. The first anniversary of NEP 2020 was celebrated with gusto, but there is still no sight of the single regulatory authority, even though the Finance Minister announced in the budget speech of 2021-22 that the new regulatory body shall be set up during that financial year itself. It must, therefore, be a real challenge to design a single regulatory body for higher education, which must meet the NKC’s idea of saving higher education from being ‘over-regulated and under governed” or the Kasturirangan Committee’s desire to evolve “light but tight” regulatory framework.
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