Higher Education And Foreign Direct Investment In India

Abstract

This study focuses on the benefits of FDI in professional education, with a special focus on India, and examines the benefits and drawbacks of FDI. The unparalleled chance for higher education and professional education growth stems from India's demographic dividend, a rare 25-year window of opportunity. The government's stance of encouraging private investment in education has steadily eased over time. Finance Minister Nirmala Sitharaman stated in her 2020-21 Budget address that India's education system requires more funding to recruit outstanding instructors, innovate, and create better labs. She also stated that initiatives will be done to facilitate the sourcing of External Commercial Borrowings (ECBs) and FDI in order to provide higher-quality education.