Government has said, a bill to facilitate foreign educational institutions operate in India is ready and would be taken to Cabinet soon. HRD Minister Kapil Sibal today said this at the Emerging Directions in Global Education (EDGE) summit 2010.<br/><br/>The proposed legislation would regulate the entry of foreign education providers as per India's priorities. He highlighted the need for global collaboration in education as the best solution to face the challenges of requirement of skilled manpower in 21st century.<br/><br/>AIR correspondent reports, the government is also in the process of formulating a bill for creation of an overarching body in higher education. Though 100 per cent Foreign Direct Investment through automatic route is permitted in the education sector since 2000, the present legal structure in India does not allow granting of degrees by foreign educational institutions in the country itself.<br/><br/>The consultations on the bill for creation of National Commission for Higher Education and Research (NCHER) is expected to be completed this month after which the bill could be introduced in Parliament. The proposed Foreign Education Providers law would facilitate globally renowned institutes to participate in India's higher education sector. It will bring in foreign education providers for vocational education training also.<br/><br/>The function was attended by the US Under Secretary in Department of Education Martha Kanter. She appreciated the reforms measures started by the government in higher education and said the US is looking forward to the introduction of the bills in Parliament. Adviser to Prime Minister on Innovation, IT and Entrepreneurship Sam Pitroda said, quality of education in 90 per cent of the universities is not up to mark. He emphasised on expansion, excellence and equity in education.<br/>