Permission of FDI in higher education

By virtue of Press Note 2 (2000 Series) dated the 11th February, 2000 of the Ministry of Commerce and Industry, Government has allowed Foreign Direct Investment (FDI) upto 100% on the automatic route in the Education Sector.

According to the All India Council for Technical Education (AICTE), the Council have not approved any twinning programme with foreign education providers under its ‘Regulation for Entry and Operation of Foreign Universities/Institutions Imparting Technical Education in India’, although they have approved three institutions in India with foreign collaboration. The University Grants Commission (UGC) has approved off-shore campuses of the following deemed to be universities under private management:-

(i) Manipal Academy of Higher Education, Manipal, Karnataka, at Kualalampur, Dubai and Oman.

(ii) Birla Institute of Technology and Science, Pilani, Rajasthan, at Dubai, and (iii) Birla Institute of Technology, Ranchi, Jharkhand, at Muscat.

As per the guidelines for the deemed to be universities, in the case of self-financing institutions, fees to be prescribed shall be as per regulations under the UGC Act, 1956. As per the Regulation of the AICTE, the fee to be charged in each course to be offered by a foreign university/institution leading to a degree or a diploma shall be as prescribed by the AICTE.

This information was given by the Minister of State for Human Resource Development Smt. D. Purandeswari in a written reply in the Rajya Sabha today.

Source : Press Information Bureau

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