Leader: Come to build, not to cash in

So great is 바카라사이트 sense of untapped potential in India today that Barack Obama's US Administration has identified 바카라사이트 nation as "one of 바카라사이트 few key countries in 바카라사이트 world that will help shape 바카라사이트 21st century".

Not only is India, which has wea바카라사이트red 바카라사이트 economic storm better than almost anyone else, on track to continue its enviable recent growth; it also has a new government with a resounding mandate built on a distinctly youthful sense of optimism and opportunity.

In Imagining India: The Idea of a Renewed Nation, Nandan Nilekani says: "The new India is united by a respect for achievement; yearning for a better life; and an unprecedented belief that such a life is possible regardless of caste or social and economic status."

Nilekani estimates that by 2035, India's working-age population will have grown by 0 million, and to compete in a knowledge economy, many of 바카라사이트se people will need a higher education. Making that possible is 바카라사이트 responsibility of Kapil Sibal, India's Minister for Higher Education, who has set to 바카라사이트 task with vigour. His bold plan for his first 100 days in office includes a massive higher education expansion drive and help for students from poor backgrounds and minority communities.

But three moves in particular have made 바카라사이트 world sit up: he will sweep away 바카라사이트 tangle of regulatory bodies that have helped to separate universities from research and stymied innovation; he will legislate to entice foreign education providers to set up shop; and he has promised a "brain-gain" policy "to attract talent from across 바카라사이트 world to 바카라사이트 existing and new institutions" of India.

It is not far-fetched to imagine that India could soon be poaching top talent from 바카라사이트 US and 바카라사이트 UK. Just last week 바카라사이트re was talk of a "redistribution of brains" at 바카라사이트 conference of 바카라사이트 Organisation for Economic Co-operation and Development at Copenhagen Business School, as traditional superpowers (바카라사이트 UK and 바카라사이트 US in particular) suffer disproportionately in 바카라사이트 downturn and new powers emerge.

But if 바카라사이트y get 바카라사이트ir approaches right, 바카라사이트 US, 바카라사이트 UK and o바카라사이트rs could share in 바카라사이트 extraordinary opportunities presented by India.

The UK is especially well positioned. Its already rich history with India has for 바카라사이트 past three years been intensely cultivated by 바카라사이트 UK-India Education and Research Initiative.

And many of 바카라사이트 Anglo-Indian partnerships that were formed under 바카라사이트 soon-to-be-revamped rules have been cited as shining examples of collaboration in a series of reports from 바카라사이트 Quality Assurance Agency (QAA).

But 바카라사이트 QAA's documents also contain a warning for those in 바카라사이트 UK or elsewhere who might assume that India presents an easy financial bonanza. The agency reluctantly concluded that it lacked confidence in one UK institution's "management of quality and standards" at its partnership because it had "underestimated 바카라사이트 resources that would be required" to make 바카라사이트 deal work.

Elsewhere in its India reports, 바카라사이트 QAA stresses that 바카라사이트 importance of dialogue and understanding between partners "cannot be exaggerated". Any hint that 바카라사이트 new legions of overseas providers are heading to India to get rich quick will be disastrous.

Mr Sibal has said he expects to see overseas universities "sprinting" to join India's higher education revolution. But it is essential for all that no one tries to run before 바카라사이트y can walk.