HRD minister Kapil Sibal said foreign education providers can be involved in offering joint degrees, setting up campuses or offering training on skill development.
Entry of foreign educational institutions will help impart skills and quality education to youths in India, HRD minister Kapil Sibal said today.
Such institutions will not only set up campuses in India but would also be involved in many other arrangements like skill development and training, Sibal said at a conference organised by the Planning Commission.
He said foreign education providers can be involved in offering joint degrees, setting up campuses or offering training on skill development.
The Union Cabinet has recently approved the Foreign Educational Institution (Regulation of Entry and Operation) Bill, 2010, which seeks to regulate the foreign education providers in India.
The government has already allowed Foreign Direct Investment in education since 2000. But the new law will regulate their entry and operation, he said.
"By 2020, hopefully we may have 40 million students in colleges. There may be another 140 to 150 million outside the university. They will have to be empowered by skill training. Foreign universities will also enter into that segment," he said.
The work-force should be trained to world class standards so that Indian manpower can be of use globally and also for the country.
The focus has to be on vocational education and training. In most developed countries, nearly 95% of youths learn a skill or a competence in a formal manner. This fosters employment generation, improves productivity and higher efficiency of processes within the country as well as improvement in the quality of life, he said.
Over 70% of the Indian labour force is educated at below the primary level and only five per cent of youth are single skill vocationally trained compared to 96% in Korea or even 22% in Botswana, Sibal said.
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