The central government has taken a big step in the field of education, under which universities like Yale, Oxford and Stanford can be allowed to open their campuses and award degrees in India. With this, students unable to go abroad will get a chance to stay in the country and get education from foreign universities. At the same time, opportunities will increase in India for foreign universities as well. Also, coming to India of these universities can emerge as a choice for students from other countries as well.
UGC prepares draft
The University Grants Commission (UGC) on Thursday tabled a draft for public feedback that seeks to facilitate entry and operation of foreign institutions in the country for the first time. According to the draft, the local campus can decide on the admission criteria, fee structure and scholarships for domestic and foreign students. Institutions will have autonomy to recruit faculty and staff.
Indian students acquire foreign qualifications at an affordable cost Prime Minister Narendra Modi's government is overhauling the country's highly regulated education sector to enable Indian students to acquire foreign qualifications at an affordable cost and make India an attractive global study destination Emphasizing on. The move will also help foreign institutions attract the country's young population.
Many Indian universities lag behind in global rankings
Even the Universities and Colleges of India have started hosting programs ranging from Microsoft Corporation to Alphabet Inc. CEOs have been given to companies till date but many do poorly in global rankings. The country needs to boost its education sector to become more competitive and bridge the growing gap between college curriculum and market demand. It is currently ranked 101 out of 133 countries on the 2022 Global Talent Competitiveness Index, which measures a country's ability to develop, attract and retain talent. Some universities have already established partnerships with Indian institutions, Thereby allowing students to partially study in India and complete their degree at the main campus abroad. The current move will encourage these foreign institutions to set up campuses without local partners.