FDI

-- The government backed 100 percent foreign direct investment (FDI) in higher education in India, saying that the same national rules will apply to foreign universities wishing to set up bases in the country and hinted that it could also include mandatory reservations for certain sections. The government has proposed 100 percent FDI in higher education in all institutions," Higher Education Secretary R.P. Agrawal said, while alluding to India's World Trade Organisation commitments made in 2003.He said this at the Editors' Conference on Social Sector Issues when he was asked to clarify whether the government was considering a cap of 50 percent FDI in higher education.