The education sector in India is reaching unprecedented heights with government signing deals worth crores of rupees with various countries. With the mission of spreading high quality education to students in India, the Ministry is collaborating with numerous foreign education institutions. Through various multi-million agreements and deals, exchange programs, workshops and other such efforts, the educations system is surely undergoing a transformation phase.
Some of the recent achievements in academic sector include India-US summit on higher education; investment of gargantuan amounts in technology institutes; extension of loans at cheaper interest rates through education loan camps; promotion of e-learning trends and adoption of Unique ID system. The latest feather added in the cap is finalizing of a 5 million pound deal with UK facilitated through the UK-India Education and Research Initiative (UKIERI). The two nations are coming together to work on developing and disseminating education among students in both India and UK.
The Indo-UK deal involves setting up of new educational institutes and holding skill development & leadership programs. It includes focusing on assurance and maintenance of quality of the courses offered to the students. India and UK are equal partners in the deal i.e. both of them have invested 2.5 million pounds each after signing the MoU today on July 28. University Grants Commission (UGC), the Commission that allocates grants to Universities, has funded the share of nearly Rs. 18 crores on behalf of India.
UK has expressed interest in developing education with India as a partner by including the proposed Innovation Universities of our country on its agenda. It wishes to set up new institutes besides developing such universities and take it further. Indian education system is acknowledged worldwide and so, many countries are looking forward for active educational tie-ups. Such programs are expected to boost India’s education sector tremendously and take it to uncharted territories.
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