Foreign Universities and Educational Institutions
The
Government has allowed Foreign Direct Investment (FDI) up to 100% under
automatic route in the Education Sector subject to applicable
laws/sectoral rules/regulation/security conditions. As per the sectoral
policy, education is a not-for-profit activity in India. Educational
institutions can be set up by Trusts, Societies or Section – 25
companies and may generate a reasonable surplus, which has to be
utilized only for the improvement of education and infrastructure in the
institution.
As per information supplied by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce, FDI in 2010-11 was Rs. 173.24 crores and in 2011-12 (upto February) was Rs. 447.30 crores.
No approval has been granted to any foreign universities/institutions to be established by foreigners in the country so far. However, as informed by All India Council for Technical Education (AICTE), 08 Indian technical institutions have been granted permission to start collaborative programmes.
This information was given by Dr. D. Purandeswari, Minister of State for Human Resource in written reply to a question in Rajya Sabha today
As per information supplied by the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce, FDI in 2010-11 was Rs. 173.24 crores and in 2011-12 (upto February) was Rs. 447.30 crores.
No approval has been granted to any foreign universities/institutions to be established by foreigners in the country so far. However, as informed by All India Council for Technical Education (AICTE), 08 Indian technical institutions have been granted permission to start collaborative programmes.
This information was given by Dr. D. Purandeswari, Minister of State for Human Resource in written reply to a question in Rajya Sabha today
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