Cabinet clears foreign varsity Bill

Update: 2010-09-15 00:00 GMT

NEW DELHI, March 15 (IANS) - The Cabinet today cleared a Bill that will enable foreign educational institutions set up campuses in India.

"This is a milestone which will enhance choices, increase competition, and benchmark quality," Human Resource Development Minister Kapil Sibal said after a Cabinet meeting chaired by Prime Minister Manmohan Singh.

"(It's) a larger revolution than even (the one) in the telecom sector," Sibal added.

The Bill will now be tabled in Parliament for its approval.

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