On 15th March 2010, the proposal to allow foreign universities to set up campuses in India was passed by India's cabinet. This is to reduce the flow of Indian students abroad. Tens of thousands of students head to universities in the United States, Britain and Australia among others for quality education each year. Political parties have in the past opposed the entry of foreign universities, saying the poor will not be able to afford the fees. A figure of 13.8 million will be reached most likely, as far as the demand for graduates goes over the next five years, analysts have estimated. But with only 13.2 million students graduating over the same period, India will face a shortfall of 600,000 graduates. India is to turn into a sought destination for top foreign universities, with India's large English-speaking population and growing middle class.
