US institutions keen to enter Indian education sector

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:29 AM IST

Ahead of the introduction of a Bill allowing entry of foreign institutions in the education sector, the government has made significant progress in persuading US universities to partner with Indian institutes or set up campuses here.

HRD Minister Kapil Sibal led a delegation to the US last week and met the functionaries of leading universities which have "expressed keenness to come to India".

"It was a successful trip to the US. The American institutions have shown great interest in opening of the education sector in India," Sibal told reporters today.

He said the government is keen to introduce "as soon as possible" the Foreign Education Providers Bill in Parliament. Once the Bill is passed, foreign institutions will be able to come here and set up campuses or offer courses in partnership with Indian institutes.

Sibal held meetings with presidents and other functionaries of Harvard, Yale, MIT and Boston University among others.

He told them that while opening campuses, the foreign universities should not aim at making profit from the tuition and other fees related to imparting of the courses.

"They have accepted our views that they would not make profit from the tuition fee," he said. But such institutions can take up other projects through which they may make profit.

You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 06 2009 | 8:06 PM IST