Foreign Universities allowed to set shop in India
The Foreign Education Institutions Bill permits the universities to form their own fees structure, admission rules, etc. They are also set to be outside the realm of caste based quota.
IN AN exemplary move on Monday, March 15, 2010, the Union Cabinet approved the entry of foreign universities in India, making it a gigantic march towards excellence in higher education, something which was in tatters since the recent past. Though it is appropriately believed that the foundation of foreign institutes will not necessarily head for fruitfulness and is not the pre-eminent way to go in terms of betterment of higher education in India, the step is historic in itself. Kapil Sibal, the reformer, as far as education is concerned said, “A larger revolution than the telecom industry awaits us”. The foreign institutes in the offing waiting to set up their branches in India are Georgia Tech, USA, and Imperial College and Duke College of United Kingdom.
The Foreign Education Institutions Bill permits the universities to form their own fees structure, admission rules, etc. They are also set to be outside the realm of caste based quota. Furthermore, 54 crore deposit as corpus fund, is to be provided by them to the UGC that is the registering body.
This move is supposedly going to help academicians, and teachers from top Indian institutes will be benefited along with the students. As a part of a smart move the profit is disallowed to be taken out of India.
Overseas quality at the doorsteps of several Indians by way of foreign institute campuses in India is capable of curbing the brain-drain phenomenon too. There are some underlying unanswered questions that are to come up for a heated debate in the parliament when it is tabled in the houses.
This move is supposedly going to help academicians, and teachers from top Indian institutes will be benefited along with the students. As a part of a smart move the profit is disallowed to be taken out of India.
Overseas quality at the doorsteps of several Indians by way of foreign institute campuses in India is capable of curbing the brain-drain phenomenon too. There are some underlying unanswered questions that are to come up for a heated debate in the parliament when it is tabled in the houses.
.When MERIT is given its due place in Education INDIA Wins. .When, QUOTAS TAKE PRIORITY Education dies Corruption rules, and India is the big LOSER
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