Tuesday, March 16, 2010
Cabinet clear Foreign Educational Institution bill
Cabinet today approved Foreign Educational Institution (Regulation of Entry and Operation) Bill, 2010, to allow foreign education providers set up campuses in India and offer degrees.The Foreign Educational Institution (Regulation of Entry and Operation) Bill, 2010, approved by Cabinet presided by Prime Minister Manmohan Singh hence the bill will be introduced in Parliament.
"This is a milestone which will enhance choices, increase competition and benchmark quality," HRD Minister Kapil Sibal said after the approval of the bill by Cabinet.
The bill seeks to regulate the entry and operation of foreign institutions, which will set up centre and offer degrees in India.Foreign Education bill lingers for over last four years owing to opposition from various quarters, including the Left parties, over certain provisions.Last year it was referred to a Committee of Secretaries which brought modifications to certain provisions earlier existed.The bill was approved by the Cabinet without any change today.
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