As per the sources, the leading professional universities such as Harvard and Yale are supposed to set up their campuses in India. The government of India has warmly welcomed the proposal of establishing such prominent campuses in the country. For this purpose, the central government has assigned National Institution for Transforming India (Niti) Aayog to look for the possible solutions to make scopes for such universities to come to India.
Nation is soon expecting to a large foreign investment from the different sectors as Prime Minister Narendra Modi’s “Make in India” initiative. Officials stated that this spilt bring a revolutionary change in country eventually fetching millions of dollars to the country’s economy. Opening of campuses of such leading universities would surely bring a change in education society of the country.
Niti Aayog has been handed over the responsibilities regarding framing new set of rules and guideline to help these foreign universities to establish there campuses in the nation. It is also said that Niti Aayog has collaborated with various stakeholders and Ministry of Human Resource Development and state governments in order to frame regulations to leave these foreign universities out of University Grant Commission authority.
As per one of the senior official of Niti Aayog who stated that, “We are working on different models for the government to adopt. Very soon we will submit a report to the Prime Minister’s office.”
The new policies thus undertook by the Aayog will also consists of Draft Bills which would be aiming to provide transparent and independent administration of these foreign universities. Also certain laws will be framed so as to prevent jeopardizing the proper functioning of such education sectors.
Owing to the situation of thousands of students who all opt for universities in USA, UK and Australia in the search of better quality of education, the government has decided to go on with such initiative. Earlier in the month of June Prime Minister Narendra Modi had a meeting with the Niti Aayog , UGC and HRD ministry with the aim of establishing India as a hug for higher education in the Asian continent region.
The commerce ministry thinks that with the implementation of such scheme would bring approximately an investment up to $11 million to the country’s economy. As per the sources , the previous government also tried to promote higher education in India but failed miserably, however the nation is eagerly waiting for such universities to establish independent campuses in collaboration with Indian Universities.