Business Daily from THE HINDU group of publications Saturday, Nov 01, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Government
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Policy Industry & Economy - Education Cabinet okays South Asian University Bill Our Bureau New Delhi, Oct 31 The proposed South Asian University Bill has received the Union Cabinet’s nod to be presented before the Parliament. The Prime Minister, Dr Manmohan Singh, had proposed the establishment of a South Asian University (SAU) to provide world-class facilities and professional faculty to students and researchers from SAARC member countries at the 13th SAARC Summit held in Dhaka in November 2005. An Inter-governmental agreement for establishing the SAU was signed at the 14th SAARC Summit in April 2007. The SAARC member states had also decided that the university will be established in India. SAU will also be the first international university to be set up in India. The university would have branches of learning in other SAARC member states. Its jurisdiction shall extend to whole of India and to campuses and centres established outside India in the SAARC region. It would have full functional autonomy, according to terms and conditions of the Inter-governmental agreement of April 2007. The SAARC member states have decided to set up a project office for the university that is being funded by India for two years. The university shall grant the necessary diplomas, certificates and degrees, as it determines. It is expected to start functioning in the second half of 2010, with 5,000 students and a postgraduate academic programme. More Stories on : Policy | Education
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