The trend towards privatization of higher education has been a dominant feature in India, particularly during the decade 2010-20. The main research question enquired in the current research is regarding the evolution of privatization in India during the period 2010 to 2020 and its consequences for access to higher education in India. The methodology used in the paper is descriptive analysis, based on secondary data. It was observed that, while the absolute expenditure of the government on higher education has amplified, the expenditure as a percentage of GDP has reduced during 2010-20. The proportionate share of private institutes and enrolments has increased consistently and rapidly, and that of the public sector has either stagnated or reduced.