Professional /Technical Education in India by Private Institutions: Issues & Challenges

India's higher education system is the third largest in the world, after China and the United States. The main governing body at the tertiary level is the University Grants Commission (India), which enforces its standards, advises the government, and helps coordinate between the centre and the state. Accreditation for higher learning is overseen by 12 autonomous institutions established by the University Grants Commission. More than 10 million students in India are getting higher education from private institutions or universities. Private institutions compensate for the failure of the education system. It is high time that it is given the status of an industry. In this paper an attempt has made to highlight Issues & challenges faced by Private institutions to survive in a competitive education market of India.