25 Jun 2009,
NEW DELHI: New human resource development minister Kapil Sibal is strongly in favour of
allowing foreign direct investment (FDI) in India's education sector and also plans to
"synchronise" madrassa education with the mainstream.
"FDI must come into India. Entry into the education sector must neither be limited nor
over-regulated. I want the system to be accessible from outside too," Sibal, 61, who is a
practising lawyer, told IANS in an interview.
He says allowing private investment, including from abroad, in education "does not mean you
have fly by night operators." But, Sibal says, the country should not prevent quality learning from
coming.
"After all, 160,000 children go abroad from India at an overall cost of seven billion dollars. Before
going they face all kinds of visa problems while after going abroad, there are issues like the
attacks in Australia," Sibal, who studied at the Harvard Law School, pointed out.
"When the demand exists, why should we send our children out? Foreign universities can come at
our doorstep; India has the potential to become a global provider of quality graduates."
The minister said he would take forward the Foreign Educational Institutions (Regulation of Entry
and Operations, Maintenance of Quality and Prevention of Commercialisation) Bill, which was
cleared by the cabinet in February 2007 but has been hanging fire.
It seeks to regulate the entry, operation and maintenance of foreign education providers and
protect students from receiving sub-standard education offered by institutions that view it as a
lucrative business.
When told that the opposition, especially the Left parties, was against FDI, Sibal says: "The Left
is not against foreign universities per se; they are concerned about fly by night operators.
Everything has to be regulated and it will be."
Source:
http://timesofindia.indiatimes.com/India/FDI-in-education-top-priority-Kapil-Sibal/articleshow/470
0695.cms
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