Most developing countries have a love hate relationship to foreign investment. They love the jobs that it creates, the technology that it accompanies, the additional choices that it provides, and the local millionaires/billionaires it creates through creative phased restrictions. On the other hand, since many developing countries have a colonial heritage, and cash is concentrated amongst developed world MNCs, the host are wary of it. The more nationalistic elements within a country...
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FDI low in education, finger at bar on profit by Basant Kumar Mohanty
Foreign direct investment in education has been stuttering in India more than a decade after it was allowed, apparently because education is a not-for-profit sector where surplus revenue has to be ploughed back into expanding the institution. India’s education sector has witnessed significant expansion since the government approved FDI in April 2000, thus providing a huge opportunity for investment. Yet FDI remained zero in the first three years, increased till 2008-09...
More »Indian sex workers' collective ties-up with foreign varsities
-PTI Ashodaya Samiti, a sex workers' collective in Mysore, has for the first time tied up with Foreign universities and institutions to conduct a comprehensive research on improving women's Sexual and Reproductive Health (SRH) in India and in Africa. Ashodaya Samiti has joined a consortium consisting of universities and institutions in five countries, of which three are in Africa, to conduct SRH research services through identifying best practices in delivering a combined...
More »Cleansing the State by Krishna Kumar
The anti-corruption movement has enabled the Indian middle class to feel smug about itself. Its members have gone through a vast range of emotions during the last two decades, from self-hatred to self-righteousness. Liberalisation of the economy has created for this class an excitement of many kinds. It has meant the freedom to pursue the quest for wealth without guilt and, at the same time, it has meant feeling set...
More »Sibal, Montek differ on foreign education bill by Akshaya Mukul & Nitin Sethi
Considered reformists in the Manmohan Singh government, HRD minister Kapil Sibal and Planning Commission deputy chairperson Montek Singh Ahluwalia are not on the same side when it comes to Foreign Education Providers Bill and a slew of other educational legislations being planned by the HRD ministry. Ahluwalia's criticism has come out in the latest WikiLeaks disclosures. After a lot of initial enthusiasm, the HRD ministry is going slow on Foreign Education...
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