New budget is not fully feasible for entry of best universities

A day after the Union Cabinet approved the ambitious bill to regulate the entry of foreign educational institutions in the country, a Planning Commission education consultant on Friday said it will not result in “best of the universities” entering India due to the “excessive” regulations that the law provides for.

“Nobody can deny that India is a big market for higher education, but with the existing framework only middle-level players will end up establishing their centres in the country,” B S Baswan, senior consultant (education), Planning Commission, told reporters on the sidelines of a talk here.

Baswan said many a reputed global institutions like Stanford and Yale had approached the Union Ministry of Human Resources Development in the past and had to go back disappointed due to lack of necessary framework.

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