Historically, AICTE, MCI, DCI, ICAR, VCI were formed to focus attention on specialized areas. These
institutions issue licenses, control curriculum and standards and, regulate operations through inspections and
reporting requirements. Each has its own set of regulations. The Yashpal Committee Report has recommended
that the multiple agencies, bodies should all merge into one National Commission for Higher Education and
Research (NCHER), which can be the umbrella organization or a one-stop shop for all regulatory work in higher
education. To better understand the dynamics and the differences of these two sectors, Exhibit 12 compares the
extent and intensity of restrictions that existing regulations place. It explains why there is so much interest in the
unregulated sectors.
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