The Foreign Education Institutions Bill was introduced by the UPA in 2010 and it lapsed at the end of 15th Lok Sabha.
'Make In India', the pet project of Narendra Modi government, is set to follow another brand, that is, 'Educated In India'. The desire of many students to get an international degree will hopefully soon be fulfilled, albeit at home itself.
The commerce ministry is reportedly planning to revive the Foreign Education Institutions Bill, which the BJP had opposed during UPA's rule.
The UPA had introduced the bill in 2010 and according to the bill foreign universities will be allowed to operate independently, set up campuses and offer degrees as well without partnering with any Indian partner institution.
The PRS Legislative Research website also discusses that, these foreign education providers will have to maintain a corpus fund of about Rs 50 crore. And that upto 75 per cent of any income generated has to be utilised in developing the institute's Indian campus and the rest has to be invested back in the fund.
But at the end of 15th Lok Sabha, the Foreign Educational Institutions Bill had lapsed. Now, the Bill is looking at revival, with a few changes that would be made by the same people who opposed it once.
However, there is a strong debate on whether foreign educational institutions will finally be allowed to operate. There is a belief that the ordinance will usher in a new competitive era of quality education there are opponents who argue that this will lead to commercialisation and limit the access of quality education to those few who can afford it.
But, according to a report by a daily, the present government is keen on the idea of bringing foreign education in India and want to create and promote 'Educated in India' brand.
A study conducted by the Association of Indian Universities (AIU) says there are:
631 Foreign Education Providers were operating in the country
440 were functioning from their respective home campuses
5 had opened their own campus in India
60 had programmatic collaboration with local institutions
49 were operating under twinning arrangements
77 had arrangements other than twinning or programmatic collaboration
(With inputs from dna correspondent)
Related read: The Foreign Education Regulatory Bill has been a hot topic of discussion
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