Higher educational institutions, including IITs and IIMs, today hailed the government's go ahead for a bill to allow entry of foreign education providers in India and sought to allay any threat posed by the institutions from abroad.
After the Cabinet approved the Foreign Educational Institution (Regulation of Entry and Operation) Bill, 2010,
these institutions appeared upbeat about prospects of entry of foreign universities in India.
"At the level of IITs, we welcome such a move. We have no apprehension about the entry of such institutions," Prof
Gautam Baruah, Director IIT Guwahati, told PTI.
As apprehensions have been raised over the possibility of IIT and IIM faculty joining the foreign institutions, he
said, some faculty may join them but majority would prefer to continue with the IITs.
"Money is not the only matter which would attract the faculty. A right environment is important. It takes huge time
and effort in setting up a institute of IIT standards. It will take years for them to come to that level," he said.
"There may be some faculty who will join the foreign institutions. But that will not be an issue," Baruah added.
IIM Lucknow Director Prof Devi Singh said it is a good move and will help bring internationally reputed education
providers to India.