Budget 2019: FM allocates Rs400cr for world-class higher education institutions; 'Study in India' to be launched

The rising employability of the country, the current ‘invent’ mindset of the start-up culture and the increasingly international appeal as an investment destination have positively affected its position in the education sector.

Jul 05, 2019 10:07 IST India Infoline News Service

“Turning India into an education attraction on the international market will systematically help India tackle the age-old problem of brain-drain. As major foreign education destinations like the US and the UK are slowly losing their charm due to their tight immigration laws, lack of job opportunities and reduction in working hours for students, they will have to take some important steps to preserve their demand. A sharp drop in Indian students moving abroad is already something the international universities have experienced.
 
The goal is not just to retain Indian students who are flocking abroad but also invite participation from the international student’s community who can explore India’s diverse culture and education.
 
Further our social adaptive fabric to multi cultures India, position of brand India and the acceptance of English as a second language make us an attraction destination of education for all neighbouring countries. However, India needs to work on its regulations, funding for educational institutions to create an adequate infrastructure for this.
 
The rising employability of the country, the current ‘invent’ mindset of the start-up culture and the increasingly international appeal as an investment destination have positively affected its position in the education sector. Even the Make in India campaign has established brand India as a contending player in the international sphere and hence “Educate in India” should be the next big tag line for India.
 
The allocation of Rs400cr for world-class higher education institutions in Budget 2019 will ensure that India can potentially emerge as the next “intellectual capital” of the world where bright futures await prospective students.”
 
The author, Amreesh Chandra is multi-award-wining, international educationalist

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