Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.
Statement I:India spends one of the lowest amounts per student for higher education in the world.
Statement II:The percentage expenditure on university and higher education in India was 0.77 percent in 1990-91 and it declined to 0.66 percent in 2004-05.
ABoth Statement I and Statement II are correct ✓ Correct
BBoth Statement I and Statement II are incorrect
CStatement I is correct but Statement II is incorrect
DStatement I is incorrect but Statement II is correct
Correct answer: (A) Both Statement I and Statement II are correct
Explanation
India does spend among the lowest amounts per student on higher education, and its share of expenditure did fall between the two years cited.
Statement 1 is correct, reflecting India's low per-student spending compared with the world.
Statement 2 is correct, giving the figures of 0.77 percent in 1990-91 and 0.66 percent in 2004-05.
Both statements together highlight chronic underfunding of higher education.
Low investment strains infrastructure, faculty numbers and research capacity.
Policy documents have long urged raising public education spending toward six percent of GDP.
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