November 30, 2006
Government proposes to allow Foreign Universities to set up campuses in India
On November 28, 2006, a Group of Ministers cleared a proposed legislation that will allow foreign universities to set up campuses in India. Once the proposed bill called the 'Foreign Education Providers (Regulation) Bill' is approved by the Cabinet and passed as law, it will grant deemed university status to such foreign institutions.
It is learnt that many foreign universities such as Stanford University, Georgia Tech University, British Columbia University, McGill University, Montreal University, etc. are awaiting the approval of the Government to set up campuses in India.
Some of the salient features of the proposal are:
Some other important issues, which are yet to be finalised by the Government, include foreign direct investment limits and incorporating safeguards such as government supervision. The Government is also in the process of formulating an accreditation policy, which will prescribe the minimum eligibility criteria to be fulfilled by the foreign universities. The minimum eligibility criteria would inter alia include minimum number of years' of operation (at least two to three decades); minimum number of courses; the syllabi has to adhere to a certain laid-down standard, etc.
Once the proposal is passed by the committee, the foreign university will be free to take independent decisions on the courses, syllabi, fee structure and salaries.
It seems that the proposal of allowing foreign universities to set up campuses here may benefit India in multiple ways:
Source: The Financial Express, November 29, 2006 & The Economic Times, November 30, 2006
The contents of this hotline should not be construed as legal opinion. View detailed disclaimer.