Government for 100 PC Foreign Direct Investment(FDI) in Higher Education

New Delhi: The Government is for allowing 100 percent foreign direct investment (FDI) in higher education and hinted at making reservation mandatory in the institutions to be set up by foreign universities in the country. Citing India’s WTO commitments made in 2003, Higher Education Secretary R.P. Aggarwal said “the Government has proposed 100 percent FDI in higher education all institutions.”

His remarks came in the wake of a recommendation said to have been made by a Group of Ministers studying the Foreign Education Bill allowing 50 percent FDI in higher education.

Asked about the GoM’s reported stance, he said he was not aware of its recommendations as its report was still awaited.

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