New Delhi: India will not allow for-profit US colleges to set up campus in the country but will allow a level playing field to other institutions interested in exploring opportunity in the education space of the country.
In his concluding remarks at the Indian-US education summit to take forward the Obama-Singh education initiative announced in November 2009, HRD minister Kapil Sibal said in Washington that profit-making institutes are not welcome in India.
File photo of Kapil Sibal
“That is not the model I am looking at or even wanting to encourage. I don’t want India to be a ground in which on the fees that our children have to pay them for their studies they will give dividends to their shareholders” said Sibal.
Both Sibal and US secretary of state Hillary Clinton pledged their support to expand the bilateral education dialogue and decided that experts of both nations will meet periodically to upgrade this relation, the Indian HRD ministry statement from Washington said Friday.