Nowadays, India's higher education segment is one of the
major in the world. There is a marvelous development of private
institutions and professional learning, mainly in management and
engineering courses. To improve the parameters of excellence of
higher education, it is necessary to build both strong competition
and teamwork amongst the higher education institutions in India and
overseas. The Foreign Educational Institutions (FEI) Bill would
have been the influential means to get this key goal of higher
education but India fails to spot this chance because of the bill
being postponed.
When the FEI Bill was brought in Parliament in 2010, many foreign
institutes/universities such as Massachusetts Institute of
Technology, Schulich School of Business, Yale University, Columbia
University, University of Southern California, Virginia Tech,
University of Alabama and Middlesex University were eager on
establishing campuses in India.
India's young inhabitants and mounting economy more acted as
channel for foreign universities of ageing countries to make
stronger their brand in India throughout setting up campuses and
also employing top students to their home campuses. Due to
ambiguity over the bill, today, so many universities who first
proved an interest might have moved left to other preferable
destinations. Since the bill has not been passed the same fraction
of student community will carry on going abroad for higher
education.
With the Bill yet pending in the parliament, the UGC permitted new
regulations in June, which only permits those foreign institutions
that form in the top 500 of global ranking by Times Higher
Education World University Ranking and such. To build buoyancy, it
is vital to have a broad bill as an alternative of simply having
UGC regulation to draw the best foreign universities to the
country. If India is to come out as a global learning hub and
standard quality in higher education, it must focus on
internationalization and value research.
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