Ch7 Article 2 - India opens door to foreign universities By Varun Sood in Mumbai and James Lamont in New Delhi 715 words 22 July 2009 Financial

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Page 1 of 2 2009 Factiva, Inc. All rights reserved. India opens door to foreign universities By Varun Sood in Mumbai and James Lamont in New Delhi 715 words 22 July 2009 Financial Times (FT.Com) FTCOM English (c) 2009 The Financial Times Limited. All rights reserved India plans to open its higher education sector to foreign investment and some of the world's leading universities next year to help meet the growing skills requirements of millions of its young people. Kapil Sibal, minister of human resources development, said he aimed to have legislation in place to allow top universities such as Harvard, Stanford and Yale to enter the country by next July. India is one of the most attractive education markets but historically the government has not encouraged foreign participation in the country's halls of academia. Mr Sibal told the Financial Times: "I do not see why foreign institutions should not be allowed. Hopefully, by the first academic [term] of 2010, we should have the legislation passed that puts in place a mechanism, framework and regulator for the foreign universities to start functioning." India faces an enormous challenge to provide education to young people, many in remote locations. By
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This note was uploaded on 01/26/2011 for the course MKT 337h taught by Professor Staff during the Spring '08 term at University of Texas at Austin.

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Ch7 Article 2 - India opens door to foreign universities By Varun Sood in Mumbai and James Lamont in New Delhi 715 words 22 July 2009 Financial

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