Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Budget session may take a call on Foreign Education Bill
BS Reporter / New Delhi Jun 19, 2009, 00:03 IST

Kapil Sibal

Industry experts and academics are hopeful that the government, during this Budget session, will take decisions regarding crucial issues like the entry of foreign universities in India, and the abolition of “controversial” regulatory bodies like the University Grants Commission (UGC) and All India Council for Technical Education (AICTE).

Union Human Resource Development (HRD) Minister Kapil Sibal earlier stated that no policies made by the previous government would be cancelled, which implies that pending Bills like the Right to Education, Foreign Educational Institutions (Regulation of Entry and Operations, Maintenance of Quality and Prevention of Commercialisation) and the Distance Education Council (DEC) are most likely to be taken up in Parliament during this session.

The Foreign Education Bill, if passed, will allow 100 per cent foreign direct investment (FDI) by universities. In all likelihood, the government may pass this Bill with some caveats. As Sibal told this paper earlier that “...foreign institutions should also be entitled to invest in education within a regulated framework to achieve the three principles. However, these should not be for-profit enterprises to subsidise education abroad”.
 

IN THE PIPELINE
May be introduced in the Budget session:
* Foreign Education Bill
* Right to Education Bill
* Public-private partnership (PPP) in education
* Abolition of regulatory bodies like UGC, AICTE; institution of independent body IRAHE
* Establishment of central universities
* Increasing Budget outlay
* Accreditation of all higher and technical educational institutions

The Budget session is also likely to deliberate on the issue of the PPP (model) referring to both private and public investments in education. The HRD ministry is in favour of the PPP model and is all set to formulate a broad framework to attract private agencies for collaboration in expanding education facilities in the country and has decided to set up 20 Indian Institutes of Information Technology (IIITs), 600 polytechnics and 3,500 Model Schools in the PPP mode.

Moreover, the other issues that will merit attention include academic reforms like overhauling the affiliating systems, preparing PPP frameworks, rationalisation of fee structures, regulation of deemed universities, credit transfers, sharing of teaching and regulatory frameworks for collaboration by universities and colleges with institutions in other countries with respect to dual degree arrangements. This also means that there will be an overarching regulatory body (the Independent Regulatory Authority for Higher Education, or IRAHE) above the UGC and AICTE as suggested by both the National Knowledge Commission and the Yash Pal committee.

“Our education system has been slow in responding to the changes around us. For instance, management institutes like us are now questioned about the relevance of the management education being offered after the economic slowdown. So, for us to live up to what is expected from us, we will have to incorporate the changes,” said Devi Singh, director, IIM-Lucknow.

Besides, development through expansion refers to creation of eight new IITs, 20 NITs, 3 IISERs, 7 IIMs, 2 SPAs and 210 new community colleges. On the demand for OBC quota in private educational institutions, the HRD ministry is in favour of a consensus through consultations with all stakeholders on the issue which needs to be dealt with “circumspection”.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- IFC plans to invest in Malaysia's Khazanah healthcare arm
- Cong leaders must work together for winning elections: Scindia
- Hotel Leelaventure redeems outstanding bonds worth $41.6 mn
- Ex-Galleon portfolio manager testifies against Rajat Gupta
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- EGoM to now decide on base price for spectrum auction
- Air India pilots wanted a halt to command training of IA pilots
- Rohit Viswanath: The news about soft power
- Traders go long on $-Re , short on Euro-Re
- K Yhome: Myanmar and India - a bridge, and a gateway to the East
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us