The Foreign Education Bill, 2020 has been cleared by the Union Cabinet. In Short, it is now theoretically possible to go to Harvard right here in Delhi. International institutions are now allowed to set up shop in India.
I think this is the best thing that could ever happen to our education system. and here is why:
1. India will have access to world class education practices: The quality of education will improve drastically coz with better education readily available the lower quality institutions will either dwindle out or improve.
2. No more Brain Drain: Every year most of our brightest students leave the country for better opportunities abroad. Now, I dont blame them. Even I would have opted for a good college if I could afford one but now, with these institutions available right here, the education will be within the reach of the common man.
3. No more Engineering Madness: I agree that this is not a direct fallout of this development, but this will certainly play a major role.
The only reason why engineering is such a craze coz our industries feel that engineers are more employable, which I don’t really agree with but now that we shall have industry oriented knowledge imparted to our students from all streams so, it might put an end to this craze.
In short all the benefits can be reasoned by just one argument. The more the merrier. 😀
As the education market opens up, more institutions will enter thus reducing the cost and increasing educational levels. Basic funda of market oriented economics.
I think its an amazing move and hope I was born a few years later 😀 but what do you think?