India has, on principle, agreed to sign WTO and GATT agreement on higher education in the near future. This will pave the way for reputed higher educational institutions of foreign countries to come to our country and start their campus. Opening of such campus will make foreign education more affordable while simultaneously upgrading higher education to international standards.
Passing of this bill by Parliament is still pending. At present, the provision that exists is to collaborate with foreign educational institutional under relevant rules of All India Council of Technical Education (AICTE). This provision can be used immediately.
The goal of our collaboration with reputed foreign educational institutes is to enrich the existing academic environment to international standards. It will also be an endeavor to establish world class professional institutions in Indore and other selected places.
It will provide a world class technical education at an affordable cost; provide an opportunity for global experience and placement, facilitate advancement of knowledge on the basis of mutual consent and enable frequent interactions and dialogues in the best possible manner. Proposed collaboration will jointly organize courses on topics of mutual interest, exchange information on academic activities, exchange of faculties and exchange of students.