Education policy
SHILLONG: The State Government has proposed Foreign Direct Investment (FDI) in education sector.
As per the draft Meghalaya Education Policy, Government will explore the possibility of “setting up a Meghalaya Education park which will borrow from the concept of Special Economic Zones (SEZ) in order to attract Foreign Direct Investment (FDI) in education.”
The draft policy, which is posted in the website of the Meghalaya education department inviting suggestions, said that “a reasonably large, but compact area of land may be purchased by the State Government and the same may be offered on a long term lease to private investors in Education at a profit”.
The policy also said that alternatively, “Government itself may provide office space for start -ups on a rental basis”. The Meghalaya Education Park will provide low cost common facilities such as playgrounds and the Park could be set up as a company with Government as one of its shareholders, the draft policy said, adding that reputed education service providers would be invited by the Government.
Earlier, the State Government had encouraged FDI in mining sector as per the Meghalaya Mines and Minerals Policy 2012.
The Section 19 of Meghalaya Mines and Minerals Policy 2012 said in the era of globalization and open markets, joint ventures are an accepted mode for exploration, exploitation and marketing of minerals including coal.
The Policy also said that the Government will facilitate setting up of joint ventures and it will also set up Single Window Agency for screening mineral based industries.