UGC states guidelines for foreign universities to set up campuses in India. Details here

  • While interacting with the media, the UGC chairman said that foreign universities setting up campuses in India will have freedom to devise their own admission process.

Karishma Pranav Bhavsar
Updated5 Jan 2023, 12:13 PM IST
UGC said cross-border movement of funds will be as per Foreign Exchange Management Act
UGC said cross-border movement of funds will be as per Foreign Exchange Management Act

University Grants commission chief M Jagadesh Kumar on 5 January has stated draft regulations for foreign universities setting up campuses in India. 

“No foreign higher education can set up campuses without the approval by the UGC,” the chairman said.

While interacting with the media, the UGC announced the draft regulations for 'Setting up and Operation of Campuses of Foreign Higher Educational Institutions in India' and said that foreign universities setting up campuses in India will have freedom to devise their own admission process.

He further added that these universities cannot offer online or distant learning programme. They can offer only full-time programmes in physical mode.

Speaking of approval from the UGC, Kumar said, foreign universities setting up campuses in the country will get initial approval for a period of ten years. Further adding, he said, cross-border movement of funds will be as per Foreign Exchange Management Act.

"Foreign varsities will have to ensure quality of education imparted at their Indian campuses is on par with their main campus, he added.

The final norms be notified by the month's end after taking into account feedback from stakeholders, Kumar said and added that the approval granted to foreign varsities will be renewed in the ninth year subject to meeting of certain conditions.

(more details awaited)

Catch all the Education News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.MoreLess
First Published:5 Jan 2023, 12:13 PM IST
HomeEducationNewsUGC states guidelines for foreign universities to set up campuses in India. Details here

Most Active Stocks

Bharat Electronics

314.20
11:49 AM | 18 JUL 2024
-12.15 (-3.72%)

Zee Entertainment Enterprises

143.00
11:49 AM | 18 JUL 2024
-12.45 (-8.01%)

Oil & Natural Gas Corporation

326.35
11:49 AM | 18 JUL 2024
3.95 (1.23%)

Tata Steel

164.50
11:49 AM | 18 JUL 2024
-2.55 (-1.53%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Tata Teleservices Maharashtra

86.48
11:42 AM | 18 JUL 2024
5.15 (6.33%)

India Cements

339.90
11:42 AM | 18 JUL 2024
16.85 (5.22%)

IDBI Bank

91.88
11:42 AM | 18 JUL 2024
3.96 (4.5%)

Manappuram Finance

226.65
11:42 AM | 18 JUL 2024
6.05 (2.74%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    75,099.00-147.00
    Chennai
    74,659.00-440.00
    Delhi
    74,512.00-294.00
    Kolkata
    75,539.0073.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.76/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanMint Shorts