India introduces legislation to allow for foreign university campuses

November 18, 2013

India is looking at changing the rules around foreign universities, announcing a policy that would allow foreign universities to set up satellite campuses as non-profit companies and issue foreign degrees recognized by the Indian government. Currently, a foreign university must have a partnership with a local PSE institution in order to establish a campus. With 50% of India’s 1.2 billion population aged 25 or younger, India is seeking ways to improve the PSE prospects in the country, including halving the necessary deposit to establish a campus. The new legislation specifies that foreign universities must be among the world’s top 400, and parent institutions will not be able to transfer profit out of India. The legislation is not yet approved. The PIE News