10-15-2006, 06:22 PM
http://ia.rediff.com/money/2006/oct/12un...&file=.htm
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Government oversight
So why not bring a Harvard or Oxford to India? "If they are allowed to set up shop in our country, this money can be saved," Pillai told reporters last month.
Yet this being India, things are not so simple. India's Union Human Resource Development Ministry, which has a big say in national educational policy, isn't thrilled by the idea. <b>It wants the government to closely regulate educational offerings from abroad and set faculty salaries of any foreign university settling in the country.</b>
Then there is the issue of whether India's controversial quota system that reserves coveted seats at universities for underprivileged castes would extend to overseas schools entering the market. These issues and others have held foreign higher education investment back, despite the government's lifting of FDI restrictions back in 2001. <!--QuoteEnd--><!--QuoteEEnd-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Government oversight
So why not bring a Harvard or Oxford to India? "If they are allowed to set up shop in our country, this money can be saved," Pillai told reporters last month.
Yet this being India, things are not so simple. India's Union Human Resource Development Ministry, which has a big say in national educational policy, isn't thrilled by the idea. <b>It wants the government to closely regulate educational offerings from abroad and set faculty salaries of any foreign university settling in the country.</b>
Then there is the issue of whether India's controversial quota system that reserves coveted seats at universities for underprivileged castes would extend to overseas schools entering the market. These issues and others have held foreign higher education investment back, despite the government's lifting of FDI restrictions back in 2001. <!--QuoteEnd--><!--QuoteEEnd-->