In this paper, a new framework for analyzing corruption in public bureaucracies is provided. The standard way to model corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the eradication of corruption as the final goal. An...

Our higher education system needs restructuring and it should avoid conspicuous consumption. Institutions should try to earn money by doing some productive activities. It should be made mandatory that every teacher will produce a book in his discipline at an interval of every five years –...

The UGC has contributed in a number of ways in developing policies and to devise the schemes and to transform them into an action plan for implementation. The UGC also took several new initiatives for reforming higher education, many of the which were of a fundamental nature.