NITI Aayog CEO BVR Subrahmanyam stressed the need to double the number of universities in India to 2,500 to ensure that 50% of students can access higher education. Speaking at the Indian School of Business (ISB) on Friday, Subrahmanyam highlighted that despite the establishment of one university and two colleges every week in the last decade, only 29 per cent of the eligible population is currently enrolling in universities.

“Today we have 1,200 universities serving more than four million students, but that only represents 29% of the cohort age range. We need at least 50% of our students in higher education, which requires doubling our institutions,” Subrahmanyam said. He also mentioned that innovative approaches to education delivery may be needed to meet this demand.

Subrahmanyam praised Indiadescribing the country as “the largest laboratory in the digital world”. With the widespread adoption of digital identities and financial inclusion, India now processes nearly 50% of global financial transactions. He highlighted that India’s digital public infrastructure enabled unprecedented large-scale experimentation, making the country a financial sector hub. technology innovation.

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He also spoke about India’s rapid progress over the past decade, including improved infrastructure, poverty reduction and technology initiatives. By 2047, India is expected to become a $30 trillion country. economysurpassing current economic giants like the United States and China. Further, Subrahmanyam highlighted NITI Aayog’s commitment to preparing strategic visions for the future of the country, with a focus on research, innovation and climate-friendly technologies.