After decades of going back and forth on the matter, the UGC has finally unveiled draft rules for allowing foreign universities to set up campuses in India. The new guidelines give foreign universities autonomy over fees, recruitment of teachers, course structures and admission guidelines. The new rules also allow for satellite campuses to repatriate funds to parent bodies.
This year, 650,000 Indian students went abroad for studying with an outflow of $28-30 bn. This move could potentially give students access to world class education without having to incur high living costs, as well as reverse India’s brain drain problem.
Also watch - Reversing ‘brain drain’: How can India build world-class Universities?
On this week’s episode of The India Story, Vikram Chandra speaks to the man at the centre of this conversation - UGC chairperson M. Jagadesh Kumar on what this move could mean for Indian students, and how soon we can expect foreign campuses in India.
We also speak to Anjali Raghbeer, a leading education consultant, on what may motivate students to enrol in these foreign varsities.
Also watch - Decoded | Getting a foreign degree: what do the numbers say?