Kochi: Jain (Deemed-to-be) University, one of the leading private universities in the country, welcomed the higher education investment policy proposed in the state budget with the aim of attracting private investment into the higher education sector. The union government is already in favour of private investment in the higher education sector. Jain (Deemed-to-be) University Director Tom Joseph said that with the state government also implementing the higher education investment policy, the influx of students from the state to foreign countries for higher education can be checked.

The finance minister’s announcement that the state government would consider giving nod for foreign universities to set up campuses in the state  is also a welcome move, said Tom Joseph. He expressed the hope that the state government will take a favourable decision in this regard. It would help students in the state to earn foreign degrees by studying here itself. This would not only help to avoid the huge financial burden caused by going to foreign countries for higher education but also open a new revenue source for the state.