Presentation by Shobha Mishra Ghosh Director

1. India’s Apex Business Organization Established in 1927 Envisioned by Mahatma Gandhi Implications of FEP Bill For Canadian Institutions: Opportunities & Challenges AUCC Workshop on“Striving for Excellence in StrategicEngagementwith India”June 9-10, 2010, Ottawa Presentation by ShobhaMishraGhosh Director India's Largest Chamber of Commerce and Industry

2. Presentation Outline • Introduction to FICCI • Need for Partnerships • Entry mode for FEI under GATS Agreement • Existing Partnerships with Canadian Universities • Implications of FEP Bill • Procedure for FEP’s after Bill is implemented • Update on Policy Reforms in India • Invest India in Enhancing partnerships • Way forward India's Largest Chamber of Commerce and Industry

3. What is FICCI? • Its an Apex Industry Chamber in India working towards • policy change – Mahatma Gandhi’s Vision • Or membership base includes 500 industry • associations, 2500 India largest Companies and 250,000 • SMEs • We work across more than 40 sectors and 80 Business Councils • across the World • Committees and Task Forces comprising Industry leaders and • policy makers aid the process • Seminars, Workshops, Conferences, Surveys, Research Papers, • Studies, delegations are the tools through which we reach out to the • stakeholders India's Largest Chamber of Commerce and Industry

4. FICCI HE Committee Members • Chairman: Prof M Anandakrishnan, Chairman, IIT Kanpur • Co-Chairman: Mr J S Neerav, Executive Director-Education Initiatives, Avantha Group and Vice chairman , Thapar University • Honorary Advisors: Ms B S Baswan, Director, Indian Institute of Public Administration & MrPawanAgarwal, Civil Servant, Author & Scholar on HE & Secretary Cooperation Department and MD ( BENFED),Govt.Of West Bengal • Members Include: Prof H S Ballal, Pro Chancellor, Manipal University , Prof L K Maheshwari, Vice Chancellor, BITS, Pilani, Prof C.S Venkataratnam, Director, International Management Institute, Prof P B Sharma, Vice Chancellor, Delhi Technological University, Delhi, Dr VidyaYeravdekar, Principal Director, Symbiosis International University, Dr AbhijitMukherjee, Director, Thapar University, Dr Rajesh Tandon, President, PRIA Continuing Education, Dr ParagDiwan, Vice Chancellor, University Of Petroleum & Energy Studies, New Delhi, Dr P K Barhai, Vice Chancellor, Birla Institute of Technology, MESRA, Brig (Dr) R S Grewal, Vice Chancellor, Chitkara University and many other esteemed Institutions and Industry members like IBM, CISCO, ALSTOM, GE, Microsoft, ST Erricsson India's Largest Chamber of Commerce and Industry

5. Policy papers submitted to the Govt. • Regulatory Framework for Technical Education • Financing of Higher Education • Reservation policy in Higher Education • "Understanding of Private Higher Education in India - A Stakeholder's Perspective“ • Recommendations on the Regulatory Framework for Technical Education to Parliamentary Standing Committee on Human Resource Development, Government of India." • Survey on 'The State of Industrial Training Institutes in India" submitted to the Ministry of Labour and Training, GoI and National Manufacturing Competitive Council (NMCC), GoI. India's Largest Chamber of Commerce and Industry

6. Surveys & Studies on HE • “Making Indian Higher Education Future Ready” • Leveraging partnerships in India’s education sector • FICCI- World Bank Employer Satisfaction Survey • FICCI Survey report on Emerging Skill Gaps in Indian Industry • Innovation for Quality and Relevance • Private Higher Education in India: Opportunities and Challenges India's Largest Chamber of Commerce and Industry

7. Why the need for Global Partnerships ? • Demand for higher education creates a market – (650 • million young population in age group of 18 – 25 years) • Prepare students and faculty for global challenges • Exchange of pedagogical methods, upgradation of • syllabi, addition of new programmes in emerging areas • Retain global competitiveness by leveraging • knowledge & research expertise • Contain brain drain - • More than 2,28,000 Indian students abroad to • study • 1/3rd of Software Engineers in Silicon valley, Approx. 30% of • NHS doctors in the UK are Indians • Attract foreign capital India's Largest Chamber of Commerce and Industry

8. Mode of Entry through GATS Agreement • Mode 1: Cross Border Delivery (Delivery of education Services via internet) • Mode 2: Exchange Programmes (Faculty as well as Student exchange) • Mode 3 A: Campus Development • Either directly or through collaborative arrangements • Collaboration with only existing Indian Institutions permissible • Mode 3 B: Joint Educational Programmes (No Franchisee system is allowed under AICTE norms) • Mode 3 C:Research & Development Collaborations • Mode 4: Twining programmes India's Largest Chamber of Commerce and Industry

9. Existing Partnerships with Canadian Universities • Cross Border Delivery: University of Calgary, University of Saskatchewan, University of Phoenix and many other universities provide distance courses to Indian students • Research Collaboration:Computer Science department at Dalhousie University has collaborative agreements with three Indian Institutions, viz. Indian Statistical Institute, Bangalore, University of Mysore and PES Institute of Technology, Bangalore • Joint/ dual Programmes : University of Fraser Valley (UFV) launched a BBA programme with Punjab University and S.D. College India's Largest Chamber of Commerce and Industry

10. Existing Partnerships with Canadian Univs Contd.. • Faculty Exchange programs: Tie up of Simon Fraser University with Indian Institute of Public Health to assist in training the future faculty • University of Fraser Valley (UFV) has launched a Canadian Study Centre at The University of Mumbai through which Faculty and Student exchange, collaborative research projects, and joint publications take place • Twining Programmes: YorkUniversity, has introduced Schulich MBA programmein collaboration with the S.P. Jain Institute of Management and Research in Mumbai India's Largest Chamber of Commerce and Industry

11. Implications of FEP Bill Foreign Education Providers (Regulation ) Bill 2009 • Legal framework created to facilitate entry of reputed FEIs and restrict fly by night operators • FEI’s offering services for last 20 years in the country it was established and accredited are eligible to enter • FEI needs to be notified as FEP by the central government on recommendation of UGC or any body which replaces it to grant Degree or Diploma or any other qualification • FEPs shall not be allowed to grant degree/diploma through distant mode • Need to maintain a corpus fund of Approx USD 11 million (Rs 50 Crores) • Repatriation of funds not permitted • FEPs shall be given the national Treatment India's Largest Chamber of Commerce and Industry

12. Implications of FEP Bill Contd… • Disclosure norms will apply • Exemptions on advise of Advisory Board may be granted to attract reputed FEIs , however, that would not include repatriation , applicability of domestic laws or penalties for violation of the law. • FEP can be denotified by Central Government in case of the prescribed legal provision- shall be liable to a penalty or forfeiting of the corpus fund • FEPs to ensure the quality of programme confirms with standards laid down by the statutory authority in India & is comparable to that offered in its home country India's Largest Chamber of Commerce and Industry

13. Procedure for FEP’s once the Bill is implemented • Stages of registration procedure as below: • Application to the registrar • Registrar to forward the copy to the statutory authority for recommendation which is to be received by the registrar within 3 months from the date of receipt of copy • The registrar to submit his report within 6 months indicating the fitness of the Institution along with the recommendation of the Statutory body • Commission to give its clearance within a period of 30 days from the date of receipt of recommendation to enable central govt. to notify FEI as FEP • FEP gets registered with University Grants Commission (UGC) or equivalent Body that replaces it India's Largest Chamber of Commerce and Industry

14. Update on Policy Reforms in India • National Commission for Higher Education and Research (NCHER) Bill 2010 introduced to set up an autonomous overarching regulatory authority for Higher Education and Research • Will set the standards & guidelines • Universities responsible to implement & adhere to the guidelines • Indirect regulation through the accreditation process Status: Being reviewed by the Task Force created by the Government to incorporate the concerns of stakeholders India's Largest Chamber of Commerce and Industry

15. Status of other policy reforms introduced • National Authority for Regulation in Accreditation of Higher Educational Institutions Bill, 2010 ( NARAHEI) • The bill will provide setting up of a five-member National Authority • Every HEI and every programme to be accredited • Develop, regulate the process of accreditation and monitor the functioning of accreditation agencies • Accreditation agencies to be Not for Profit organisation with professional competencies and authorised by the Authority • Penalty for Accreditation agencies in case of failure to adhere to the norms Status: Tabled in the Parliament. India's Largest Chamber of Commerce and Industry

16. Status of other policy reforms introduced • A law to establish a Tribunal for fast-track adjudication of disputes concerning stakeholders. Status: Tabled in the Parliament • A law to prevent, prohibit and punish educational malpractices. Status: Tabled in the Parliament • UGC (Institutions Deemed to be Universities) Regulations Bill 2010 Status: New regulations 2010 to be published in the Gazette of India FICCI H E Committee in process of reviewing the Bills. Feedback will be submitted to the Ministry shortly India's Largest Chamber of Commerce and Industry

17. Invest India –A PPP Model Mission: “ Promoting foreign investments in India in a focused, comprehensive and structured manner while acting as a first reference point to provide quality input and support services to the investors. “ “ There is a need for promoting foreign investments in India in a structured manner and provide quality input and support services to the investors. ‘Invest India’ would respond to this urgent imperative.”Anand Sharma Union Minister for Commerce& Industry India's Largest Chamber of Commerce and Industry

18. Invest India –Objectives • Act as the first reference point for any investor interested in India • Facilitate foreign providers in identifying and realizing right opportunity and in setting up model of partnership and coordinating with the State Governments • Review approved projects so as to help and support their implementation • Feedback to Central and State Governments on policy initiatives • A secretariat for processing recommendations on investment issues • Interaction with intellectuals, industry organizations on investment issues. India's Largest Chamber of Commerce and Industry

19. India Invest Services to Foreign Providers(At a glance) Investment Enquiries India Entry Strategy B2B Linkages Location Identification Operating Model Selection Industry & Market Assessment Joint Ventures Location Search Project Feasibility Company Formation Strategic Alliances Cost Estimates Interaction - multiple states Policy / Regulations R&D Collaborations Special Economic Zones Interaction – local agencies Incentives Supplier Identification Infrastructure / Development Road Map Existing Investors – Expansion of Operations Expediting Approvals India's Largest Chamber of Commerce and Industry

20. Summing up • Continue Collaborations through • Joint Award of Degrees • Twinning Programmes • 2/3 Continent Programmes • Semester Abroad programmes • Joint Research • Student and Faculty Exchange/mentoring/development programmes • Industry internship • Explore setting up of Campus as Joint Ventures to share liabilities • Consult India Invest for identification of Partners , the States to invest in and procedural guidance • Leverage Higher Education Summit 2010 on November 11 & 12, 2010 in New Delhi to create partnership India's Largest Chamber of Commerce and Industry

21. We Believe in Bringing in the Change by Leading the Change THANK YOU……….. You may contact us at education@ficci.com Phone: +91 1123738760-70 www.ficci-hen.com, www.ficci.com India's Largest Chamber of Commerce and Industry