Saturday, August 18, 2018

More Indians going abroad for studies, but foreign students aren’t coming in


There is no wonder why the headline doesn’t astonish us anymore as we look at the state of our MBBS student who still haven’t got sit in colleges due to improper decision of placement committee. While the government has stepped up its efforts to improve the quality of higher education institutions in India which doesn’t seem to be working out very well, more and more Indian students seem to be preferring to study abroad.
The number of foreign students coming to India, meanwhile, has declined. According to the Reserve Bank of India (RBI), while spending on tuition and hostel fees by Indian students studying abroad has shot up 44% from $1.9 billion in 2013-14 to $2.8 billion in 2017-18, expenses of foreign students in India declined from $557 million in 2015-16 to $479 million in 2017-18.
When overseas education expenses by Indian students had fallen by 20% to $1.98 billion from $2.47 billion in the previous year in 2015-16, experts and government authorities had claimed that a growing number of quality institutions such as the Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and central universities, were instrumental in curbing the exodus of Indian students. Besides, tough immigration rules in countries such as the UK were also cited as a major reason for the reversal in trend.
But since the situation has now changed and there so many other options now like Canada, Australia, New Zealand other than UK and USA it seems all countries are trying to make their policies more favourable for international students. Stating the fact Australia has been a favourite destination. Rod Hilton, deputy high commissioner of Australia in India, said last week that his country is home to 68,000 Indian students (up from 60,000 in 2016), and education is a “flagship sector” in Australia-India relations. If you are planning for education abroad there is no waiting for it, the opportunity is now!  so grab it and visit GKworks office today, for more details visit http://gkworks.in/


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