Indian govt plans to ease rules on foreign investment in education sector

Indian govt plans to ease rules on foreign investment in education sector

Photo: Reuters

India plans to ease rules on foreign investments in education and open up the regulated sector, two government officials said, after the Union budget proposed to encourage foreign direct investment and external commercial borrowings (ECBs) in education. The government will frame rules in this respect, targeting foreign investors and universities keen on India’s capital-starved education sector.

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