Foreign Univs Bill - 2010

8/9/2019 Foreign Univs Bill - 2010

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Foreign Educational Institutions Bill, 2010Foreign Educational Institutions Bill, 2010

A revolution larger

than even in thetelecom sector awaits

us.- Mr. Kapil Sibal


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The Bill of ChangeThe Bill of Change

y What stands to change:

Proposed Bill will change the existing pattern of

education completely;

Will result in better:

xInfrastructure & facilities for students;

x Quality of faculty members;

x Atmosphere of learning;

x Course & curriculum;


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The Current SituationThe Current Situation

y Curriculum focused on Indian law;

y Lack of international faculty;

y Lack of intellectual environment;

y Lack of proper governance;

y Emphasis on regulation;

y Professional higher education in pvt.

univs.- unaffordable;


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TheTimelineTheTimeline

y 14 May,2007:The Bill stalled by Mr. Arjun Singh-amid disagreements over exceptions made forinvestors.

y 10 November, 2008:The Bill was opposed afterbeing cleared by Union Cabinet.

y 28 June, 2009: Panel Set-up by government forreforms in higher education sector.

y 7 July, 2009: Mr. Kapil Sibal contemplates onallowing foreign universities.


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TheTimeline (contd.)TheTimeline (contd.)

y 16 September, 2009: Foreign universitiesapproach Ministry of HRD.

y

11 November, 2009: Foreign universitiesknock on Indias doors as educationalreforms accelerate.

y 12 January, 2010: Deals in higher educationinked by India and UK.

y 17 February, 2010: Government introducesthe bill to allow entry of foreign universities.


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Highlights & Features of BillHighlights & Features of Bill

y Minimum corpus of Rs. 50 crs- prerequisite for applying to Ministry u/Bill;

y Fee to be regulated as per prevailing

standards in India;y Course content to be determined by

univs. suitably modified for Indian system;

y No objection certificate to be given by

foreign countrys embassy in India;

y Employment of major portion of faculty

from India;


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Highlights & Features of Bill (contd.)Highlights & Features of Bill (contd.)y Not allowed to remit the profits earned on Indian

soil;

y Requires advance guarantee of min. 51% of totalcapital required for establishing institution in India;

y

Will be granted Deemed University Status u/s 3 ofUGC Act, 1956;

y National Commission for Higher Education &Research (NCHERs) prerogative to appoint VCs;

y Any foreign university free to setup campus in India;

y Transparency, accountability & fair play to becornerstone for granting licenses to univs.;


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The Bill: A Panacea of All ILLSThe Bill: A Panacea of All ILLSThe Merits:

y Increased choices;

y Encourages competition;

y Enhance quality of legal education;

y Global faculty- will result in diversity;

y Foster intellectual atmosphere;

y Fortune savings in foreign exchange per annum

per student;y Better education will spur better economic

growth;

y Increased Gross Enrollment Ratio(GER);

y Reverse brain drain;


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The Bill: A Panacea of All ILLSThe Bill: A Panacea of All ILLS

(contd.)(contd.)

y Better curriculum & varied choice of

subjects;

y Faculty and student exchange programs-

increased global exposure;

y Healthy competition would result in

better productivity;y Better standards by international faculty,

global atmosphere for teaching, learning

and research;


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The Bill: A Panacea of All ILLSThe Bill: A Panacea of All ILLS

(contd.)(contd.)y Saves $7.5 bn foreign exchange per

annum - over 5,00,000 students go

abroad for higher education per year;

y The current GER stands at 12%;

y GER of 30% achievable only by

introduction of foreign universities;

y Increased GER = more education formore number of students;


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The Last MileTo GoThe Last MileTo Go

y May result in back door entry of foreign lawfirms;

y

May prove too costly for Indians;y No mention of reservations for SC/STs in

the Bill;

y No upper cap on number of foreign studentsenrolled;

y May lead to detoriation in quality andcorruption;

y High capitation fee;y Course & curriculum unclear;


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ConclusionConclusion

y Will attract foreign students to Indian

shores- same univs. with similar

infrastructure at 1/4th cost;

y Will revolutionize the way we learn;

y Will train future leaders for legal

fraternity;

y The Bill shall raise the quality of Indianeducation to global bench mark;

y Lesser brain drained.


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Thank YouThank You

Foreign Univs Bill - 2010

Documents

Transcript of Foreign Univs Bill - 2010