Foreign University bill gets green signal from Government

The HRD Minister Mr. Kapil Sibal is trying hard from a long time to get the foreign universities in India. If all goes according to the proposal he submitted in front of the cabinet, the world’s best universities will establish their institutions in India very soon. Then you could have a chance to study at Harvard, Yale, Duke or Oxford in India. The Union Cabinet cleared most awaited bill for the awaited Foreign Educational Institutions (Regulation of Entry and Operation, Maintenance of Quality and Prevention of Commercialisation) Bill, 2010. If this will become the law soon then the foreign universities will be able to set up their shops in India and can offer the degrees independently.

HRD Minister Mr. Kapil Sibal said, “This is a milestone which will enhance choices and increase competition and benchmark quality.” But there are few clinches in this issue like the foreign universities are really interested in taking the bait. According to sources, the new bill is silent on ticklish issues like reservation of seats for SC/ST candidates and OBCs. But other stringent norms — like regulation of fees, a minimum corpus of Rs50 crore and a no-objection certificate from the home country’s embassy in India — will remain.

According to the proposed rule the foreign universities will not be allowed to set up franchises in India. . They will be granted a deemed university status under Section 3 of the University Grants Commission Act and they will have to ensure that the quality of programmes is comparable to the ones offered back home.

The new law will create a health competition between the Indian and foreign universities. This initiative will help to curb the flow of Indian students going abroad for higher education. This will also increase the education standards of Indian Universities.

A senior professor at IIT, Delhi said, “The foreign universities are certainly going to give us tough competition. The top Indian institutes will have to work hard to prevent their faculty from leaving them and joining these institutions. In any case, it will be an interesting competition.”

Source: Team Shiksha

Date: 11th March, 2010

For further details about related courses and colleges please click below:

Related courses and colleges