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Indian Cabinet Backs Foreign Schools

New York Times

March 16, 2010

The Indian cabinet approved a bill on Monday that would allow foreign universities to set up campuses in the country, a major break with a previous policy in which outside institutions were seen as a threat to the education system. The bill would require universities to invest a minimum of about $11 million and would prohibit them from repatriating profits. But the bill would also eliminate a provision in the current law that prohibits a foreign institution from conferring degrees in India.

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