50 foreign varsities want to set up campus in India

About 50 foreign universities, including Duke University from the US, have evinced interest in setting up campuses in India, as the government is set to introduce a Bill to allow entry of such institutions into the country.

These institutions, mostly from the US, the UK and Australia, have approached the Human Resource Development (HRD) Ministry in the last three months, a senior official said. Duke, a renowned private university in the US, offers courses in various streams and research studies.

HRD Minister Kapil Sibal has said non-profit making institutions would be allowed to set up campuses in the country.

The Foreign Education Providers Bill is before the Cabinet, which is expected to take it up tomorrow.

“Institutions can make surplus money. But they cannot distribute it among their shareholders. They can spend it for further expansion of the institution,” Sibal has said.