Higher education systems are responsible for creating imminent professionals and executing ideas and knowledge. Higher Education Institutes work mainly to achieve quality education. The procurement, production, transformation and deployment of knowledge play an essential part in enhancing the economic progress of a nation. Reforming policies in the Higher education system not only acts as the stepping stone to an excellent future for students but also contributes to the financial growth of an educational institution. Subsequently, this research aims to identify the recent trends in the Indian higher education system regarding policy interventions and financial growth. Moreover, the present study analyzes the impact of providing quality education on the financial growth of a Higher Education Institution. Also, the association between economic improvement and recent trends of financial development in a Higher Education Institute is being evaluated. The present study adopts a quantitative research method. The study performed a survey with a questionnaire to gather data from 102 participants who were working as teachers or administrative staff in a university or college and willing to answer questions related to this investigation. The assembled data from the research participants is evaluated using a statistical package for social science software. Then, the outcomes of those analyses are interpreted. The study's findings reveal a positive association between financial growth, quality education and policy interventions in Indian Higher Education Institutes. Also, the economic improvement of a nation shows a constructive relationship with the financial development of the higher education system. Finally, the research provides recommendations for developing the Higher Education system.