During 1980s, situation was much improved as 103 PhDs were awarded at an average rate of 10.3 PhDs per year which was 151 times higher in comparison to initial 29 years (1950-1979). During 1990-1999, this number grew further to 395 at an average growth rate of 39.5 PhDs per year. Next decade of 2000-2009, proved to be highly productive as during this decade there were total 804 PhDs (average 80.4/year) awarded by the end of 2009. However the growth rate was highest during 2010- 2012 as in just within three years, the increase was highest at an average rate of 144 PhDs per year. This high rise in number of PhDs award can be attributed to many factors like, PhD being a prestigious qualification and considered suitable for higher jobs, and majority of the young professionals are getting interested in doing PhD. Another important factor is that University Grants Commission (UGC) provides good financial assistance to all the candidates who qualify Junior Research Fellowship (JRF) exam for conducting PhD. Third factor is emphasis on research qualification by institutions, universities and UGC for promotion/selection to senior positions is also prompting the professionals to obtain PhD degree out of necessity. All these factors are leading to continuous growth of PhDs.