Modi Govt wants the likes of Oxford and Yale to have campuses in India
India has produced many genius minds and entrepreneurs for the world, including the CEO of Microsoft and Google. In a recent report, Prime Minister Modi is pushing the haul to attract some of the top universities in the world, such as Yale, Oxford, and Stanford to be able to open up their campuses in India so Indian colleges. This would not just open options for the students in India to access higher education from renowned universities but would also inspire the Indian universities to better their performance to stay in the competition.
In a written reply to the Parliament during the Monsoon meeting, Education Minister Ramesh Pokhriyal Nishank had highlights that every year more than seven and a half lakh students move their base from India to other countries and spend $ 15 billion annually to acquire education from the foreign universities.
The government is working to prepare a draft law to regulate the functioning of foreign universities. Once it is completed, the bill will be proposed in Parliament. This new development has moved the views about BJP as they have shifted their views from being against opening up the education sector to now working rigorously to ensure that these universities have access to establish their campuses in India.
Nishank stated, “There is a lot of excitement about it” by the Australian Government and some of the universities that have demonstrated enthusiasm for the proposition.
India needs a change in the education system to ensure that the home universities are more competitive and work towards creating the minds that are job-ready. India positions 72nd among 132 nations in the Global Talent Competitiveness Index 2020. This index depicts a nation’s abilities to develop, draw in, and retain talent and India needs to work on its education system evidently to improve its ranking.
However, India’s famously mind-boggling bureaucracy remains the fundamental hindrance for foreign universities to enter in the Indian education sector. Also, the difficulties of land acquisition, adequate infrastructure, and scholarly staff are extraordinary. Nishank did not mention anything regarding the measures India is adopting to attract the foreign universities, but he did point out that universities that are looking to have their branches set up in the country on a not-for-profit basis must partner with the local institutes.
Some of the foreign institutes have already partnered with the Indian universities to provide the opportunities to the Indian students to complete their degree partially from the homeland before moving to the campus abroad. Presently, these foreign universities are looking forward to having the access to establish their campuses in India sans a local partner.
Though this seems to be a beneficial step for Indian students, it is going to take a while for the government to make it happen. In the meanwhile, if you are looking forward to studying abroad and need professional consultation to make more informed decisions, then Your EduAdvisors has a reliable team of career counsellors in Delhi who can assist you at each step of your career, right from the deciding which university and course will be perfect for you to preparing you for your application and interview process.