Sibal: No place for profit-making foreign varsities

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Express news service : Jul 29 2009, 09:02 IST

As it plans to bring in a legislation to allow foreign universities to begin operations in India, the government on Tuesday indicated that it would not allow profit-making foreign educational institutions to set up campuses in the country.

"The government policy is not to allow profit-making institutions even in India to flourish in the field of education because education is a charitable exercise," Union HRD Minister Kapil Sibal told the Rajya Sabha.

He said the government would like high-quality foreign educational institutions to come to India either by way of twinning arrangements or by way of grant of degrees based on collaboration.

LS to debate price rise today

New Delhi: The government on Tuesday agreed to have a debate on price rise in the Lok Sabha on Wednesday after the Left led by CPM leader Basudeb Acharia demanded that Speaker Meira Kumar take up the adjournment motion moved by them on the issue. The demand was supported by Samajwadi Party chief Mulayam Singh Yadav. The Speaker, however, did not admit the adjournment motion. The Left MPs then trooped into the well, leading to the adjournment of the House. When the House reconvened at 11.30 am, the government, upon insistence by Left and SP agreed to have a debate on price rise.

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Reader's Comments (3)| Post a Comment

Foreign universities

Dr B Sundara | 29-Jul-2009Reply | Forward

Foreign universities without reasonable profit are unlikely to set up campuses in India. Therefore if foreign universities are allowed then we may have to see that they bring in quality and of course are allowed to make reasonable money. Otherwise, foreign education in India may not succeed.Sure, there is nothing free.

Joking ?

chanakya | 29-Jul-2009Reply | Forward

By any standards,I think this is the biggest joke of the year. On one hand we have 100% commercialised the education with in the country. Look at various educational institutions which are flourishing under various names and forms. Not convinced ? Ask any parent in the country as to how he feels about the cost of education. It has become lucrative business with no uncertainities and assured fat profits. That is all the reason as to why foreign institutions are trying have their camps over here. They are not charity bodies to come all the way to India and spend their money here. Back home they are finding it difficult to get revenues due to unprecedented recession and trying to squeeze the money from green pastures like India. As usual we are playing perfect fools for this and making the life of common man still more miserable. The population has the experaince of imported health care business models and now it is turn of education. May God save my country !

Oh yeah

Atul Kumar | 29-Jul-2009Reply | Forward

"... because education is a charitable exercise". Sure Mr. Sibal. Several hundred third grade colleges and universities run in the country by politicians are all there for "charitable exercise". Some of the best universities of the world are all profit making and no one complains. But you wont allow them because they are "profit-making".