- Quiénes Somos
- Negocios con India
Hiuen Tsang, the 7th century Chinese traveller had responded to the fellow Buddhist scholars in Nalanda who beseeched him to stay long by saying, “Who would be so unfortunate as not to spread the message of enlightenment elsewhere in the world.” India, over centuries had kept its doors open to imbibe and disseminate knowledge. There were times when this openness was subverted for narrower ends. Policies cannot be driven by fear or insecurity but a quest to seek the best, innovate and improve our economic conditions. Improving educational outcomes is rightly back in focus.
An important issue in regard to higher education is the access to foreign educational institutions. There is an increasing recognition that India must not lose out on its comparative factor advantages to become a Global hub for higher education.
A recent study (UNESCO Institute for Statistics, May 2014) suggests that almost two lakh Indian students are currently studying abroad; Australia and the US being the preferred destinations. Surprisingly, Europe is not such a favoured destination any more. This is in sharp contrast to the meagre 28,000 foreign students studying in India. It is thus, no surprise Indian students spend roughly Rs. 45,000 crore on foreign education each year. This is thrice the amount allocated by the Union Budget (2014-15) for higher education.