MAHE has been selected to set up the university to provide affordable and quality education to children of Non-Resident Indians (NRI) and Persons of Indian Origin (PIO).
The much-awaited NRI/PIO university would soon be set up at Bangalore by the Manipal Academy of Higher Education (MAHE) under the supervision of the Ministry of Overseas Indian Affairs (MOIA).
Government had invited bids from educational institutes and MAHE has been selected to set up the university to provide affordable and quality education to children of Non-Resident Indians (NRI) and Persons of Indian Origin (PIO), Vayalar Ravi, Minister of Overseas Indian Affairs told reporters here.
The university will be functional from 2009, he said.
Fifty per cent of the seats in the university will be reserved for PIOs, he said, adding that Indian students will be eligible to seek admission for the remaining seats.
MAHE has offered to set up the university at Bangalore. It is expected to be a Deemed University De-Novo under Section 3 of the University Grants Commission (UGC) Act as an Institution of Excellence.
Prime Minister Manmohan Singh had promised to the Indian Diaspora to set up an PIO university to meet their aspirations for higher education opportunities in India.
The varsity will also help in developing comprehensive bilateral links with India through the active association of the Diaspora. There are around 25 million PIOs living in nearly 130 countries.
In developed countries like the US and Britain, higher education is expensive and increasingly Overseas Indians look to their country of origin for higher studies for their children. Students from the developing countries also look up to India for their higher educational needs.
Source: deccanherald.com
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