Cerebral Shangrila

Tuesday, June 16, 2009

Would the Education Sector see foreign investment in India?

With the demand for quality higher education outstripping the supply, it was time to open this sector for more competition and foreign investment. This could mean multiple things in the long run - Overall higher quality of education, More competition ( and innovation) for/by domestic educational institutes, Bridging the demand-supply gap, Bringing supply closer to the demand ( and thereby stemming the brain drain) and raising the quality of research and innovation in the country.

However, the government needs to carefully monitor the entry of global educational institutes because there is a real danger of fake and cheap institutes taking the students for a "ride" with marketing buzz and unheard degrees.

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