The Indian Government is bringing in foreign universities using Section 25 of the Companies Act, 1956 that will allow them to set up campuses as companies
Foreign Universities are being brought into India by the government that is invoking Section 25 of the Companies Act, 1956. Proposals have been sent to the Department of Industrial Policy and Promotion (DIPP) and the Department of Economic Affairs (DEA) by the HRD ministry asking that the universities be allowed to set up campuses as companies under the Companies Act, 1956.
Incidentally the top 400 universities from the Times Higher Education, Quacquarelli Symonds (QS) or the Academic Ranking of World Universities (ARWU) by Shanghai Jiao Tong University will be eligible once the proposal is passed. They will be able to set up campuses after they are notified as Foreign Education Providers (FEPs) by the UGC.
Most of the HRD ministry's legislation, including the Foreign Education Providers Bill, has been stuck in Parliament for the last three years. The ministry has now given upon the legislative route and has been routing the proposal to allow foreign universities through UGC regulations.
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