If the Cabinet allows for 100 per cent foreign direct investment (FDI) in higher education, it will not only help in providing cheaper yet better quality education but also save India billions of dollars by way of foreign exchange (forex) outgo.
The University Grants Commission (UGC) has set up a committee to look into the matter of regulating the fees and admissions in the 125 deemed universities. The commission, according to its Chairman Professor Sukhdeo Thorat, gets the maximum complaints in these two areas.
In an attempt to make higher education inclusive, President Pratibha Devisingh Patil, in her address to the Joint Session of the 15th Lok Sabha, said: “The government’s strategy for higher education will be formulated around a three-fold objective of expansion, inclusion and excellence.
Seeking to encourage entrepreneurship to achieve high economic growth, the National Knowledge Commission (NKC) has suggested a set of measures, including setting up of specialised schools, to create a supportive business environment.
Noting that progress in education will dictate the destiny of India in the next century, the National Knowledge Commission (NKC) feels there is resistance at various levels in the government to