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The 1.5 lakh crore corpus that the person has calculated in that link is plain foolish. It is not backed by any realistic economy and inflation study that predicts expenses for the next 30 years. I would have assumed the person is joking, but the words sound too serious! May be he/she is just playing dumb for laughs.
40 years ago, people would have said the exact same thing about 1 crore rupees. (as the average middle class salary was around 800 rs/month)
start a private university in a tier 2 town with the word 'global' in it and charge hefty sums as fees. its literally that simple.