Government accepted foreign investment in Education Sector

<p style="text-align: justify;">The Indian government is trying hard to get foreign universities and their investment to India. Government has cleared the bill for establishment of foreign universities in India. So with that lots of top universities will come to Indian and students will get the opportunity <img style="border: 3px solid black; margin: 3px 4px; float: right;" src=" https://images.shiksha.com/mediadata/images/1270276694phpg9EGa5.jpeg" alt="" width="150" height="110">to study in foreign university in India.</p> <p style="text-align: justify;">Some universities are not so eager for their own establishment in the country as it requires lots of formalities and money to invest, but they are more happy to invest in Indian institutes or willing to offer degrees with the collaboration of Indian Institutes. The government is getting lots of proposal for that. The government recently approved 23 foreign direct investment (FDI) proposals worth Rs. 2, 325.21 crore. The government is so clear about what type of university and what type of investment it needs for the institutions. It is clear over the terms and conditions and not in a mood to compromise at quality point. So keeping the quality level and their own terms in mind the government has rejected the six proposals from these universities.</p> <p style="text-align: justify;">The proposal the government approved were Tikona Digital Network's which invested the maximum amount of Rs. 1,42.21 crore and the second highest investment done by Bharat Forge's plan of worth Rs. 576 crore. These kinds of investments are welcomed with open arms. These kinds of big investment will not only help to develop the infrastructure facilities of the institutes but at the same time will ensure the quality education in India. These kinds of investments and collaborations will be beneficial for students because after it is the students who are going to get benefited with it.</p> <p style="text-align: justify;"><strong>Source: Manisha Verma (Team Shiksha)<br /></strong></p> <p><strong>Date: 3rd April, 2010</strong></p> <hr /> <p><span style="text-decoration: underline;"><strong>For further details about related courses and colleges please click below:</strong></span></p> <p><a href="../../../" target="_blank">Related courses and colleges</a></p> <p>&nbsp;</p> <p>&nbsp;</p>