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Home  » Business » FICCI cautions over opening education sector under WTO

FICCI cautions over opening education sector under WTO

Source: PTI
July 04, 2003 14:54 IST
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Cautioning the government over opening the education sector under the World Trade Organisation regime, the Federation of Indian Chambers of Commerce and Industry on Friday said the developed countries have a "comparative advantage" in the field and the move might not be a harbinger of significant gains for the country.

"While India is a net importer of education services, developed countries like the United States, Australia, Canada and New Zealand, which are net exporters, have a distinct comparative advantage in this area and would benefit most from liberalisation," the apex chamber said in a statement, urging the government to tread cautiously vis-a-vis the ongoing negotiations in services under the WTO.

Pointing out that the developed countries have not made commitments for opening the education sector, it said the US has not allowed foreign investment in its primary, secondary and higher education services. On the other hand, Australia has made commitments only for the private sector in education services, it added.

"Making commitments under the WTO may necessitate changes in the basic approach to our education policy, that is, non-commercialisation of the system in India," FICCI said.

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