New Delhi: The government will introduce a bill to allow the entry of foreign universities during the parliament session that begins on Monday, an official said, a long-awaited reform that would revamp the country’s education system.
Goldman Sachs counts the lack of quality education as one of the 10 factors holding India back from rapid economic growth. The demand for graduates over the next five years is likely to be 13.8 million, analysts have estimated.
“We are taking steps to finalise it (the bill) and send it to the cabinet and parliament,” Vibha Puri Das, secretary for higher education, said.
When asked if it would be introduced in parliament in the budget session starting 22 February, she said: “That is what we are working towards.”
Das declined to comment on a report the bill would be discussed by the federal cabinet during its Thursday meeting.
The cabinet must approve the bill before it can be introduced in parliament.