The Foreign University Bill
The Foreign University Bill officially called the "The Foreign Educational Institution (Regulation of Entry and Operation) Bill, 2010" seeks
"to regulate entry and operation of foreign educational institutions imparting or intending to impart higher education (including technical education and award of degree, diploma and equivalent qualifications by such institutions)."
The Foreign University Bill got the approval from the Government of India. This paves its way into the Parliament. The passing of the bill in the Parliament will remain a mere formality.
The Foreign University Bill – Impact on Standard of the Indian Education
Almost all the foreign Universities follow a syllabus which develops an individual. More stress is given to the presentation skills, seminars, practical knowledge and public speaking. In India, more stress is given to the theoretical concepts and the ability to memorize. This system of education is extremely useless. Only the IITs in India follow a curriculum which will actually help the Indian students.
The introduction of foreign Universities will definitely help to increase the standard of the Indian education. With competition with the best in the World, more and more Universities in India will start to adopt a similar curriculum and would try to match these Universities. It is expected that most of the Universities will set up their centers at locations prime to the people of India.
The Foreign University Bill – A solution to Brain Drain
Once you have Universities coming in India, they will come offering jobs not only in India but also abroad. This will result in huge savings as cost of living in India is very less. When a student goes abroad, he spends nearly Rs.15 to 20lakh overall. Out of this only 30% are the tuition fees. Most of the Universities have tuition fees of only Rs. 3 to 7lakh per annum. Now, if he is getting the same education and same job opportunities from India itself, why will he go abroad? The Foreign University Bill will not only prevent a lot of brain drain but will also be a milestone of providing quality education in India.
The major factor why India doesn't progress like the foreign countries is the brain drain. All the young and dynamic Indians go abroad as opportunities are very high abroad. Education is much better and standards of education are better. Once they get used to the lifestyle, they do not come back. This trend is very harmful as the people who should have worked here and made India a better place went abroad and made the already developed country stronger. This Foreign University Bill will try to eradicate this problem by removing the need of Indians to go abroad for quality education. This education will be provided in India itself.
The Foreign University Bill – Job and employment opportunities
With the introduction of Foreign Universities, people will be required for a number of following factors. All these people will be hired from India only and a large number of people will get employment opportunities in these Universities.
1. Acquisition of land and property
2. Setting up of infrastructure
3. Maintenance of the infrastructure
4. Materials and instruments required for the labs
5. Professors and Teachers
6. Lab assistants
7. Helpers, cleaners
8. Placement opportunities abroad after degree
The Foreign University Bill – Some of the interested Foreign Universities
1. Imperial College
2. Duke College
3. Georgia Tech
4. Schulich School of Business (York University)
8. Carnegie Mellon
With such big names interested to set up campuses in India, many others will follow and this will definitely provide a boon to Indian education.
The Foreign University Bill – Summary
Finally, I would finish concluding that the Foreign University Bill will definitely be a milestone for higher education in India. This bill will take Indian education to levels it has never reached.