Why in the news?
- NITI Aayog proposed Vishwabandhu Scholarships and Fellowships.
Vishwabandhu Scholarships and Fellowships
- Proposed By: NITI Aayog in its report “Internationalisation of Higher Education in India: Prospects, Potential, and Policy Recommendations.”
- Rationale:
- Indian students’ overseas education spending projected at ₹6.2 lakh crore, amounting to ~2% of GDP and ~75% of India’s trade deficit in 2024-25
- Heavy concentration of Indian students in USA, UK, Australia risks long-term talent loss.
- International students act as knowledge bridges and future diplomatic assets.
- Soft Power Diplomacy: Similar to how Erasmus+ strengthened European identity and influence
- Vishwa Bandhu Scholarship:
- Objectives:
- Increase inbound international student mobility to India.
- Position India as an affordable, quality global education destination.
- Target Group: Foreign undergraduate, postgraduate, and doctoral students.
- Priority countries/regions: Global South, ASEAN, Africa, BIMSTEC, BRICS.
- Emphasis on disciplines aligned with India’s strengths: STEM, medicine, public policy, sustainability, Indic studies, AI & emerging tech.
- Objectives:
- Vishwa Bandhu Fellowship:
- Objectives:
- Attract global research talent into Indian universities and research institutions.
- Strengthen India’s research output, innovation capacity, and academic reputation.
- Target Group: Foreign researchers, post-doctoral scholars, and faculty.
- Key Features Proposed:
- Competitive stipends benchmarked internationally.
- Fast-track academic appointments and tenure-track pathways.
- Integration with national research ecosystems and R&D missions.
- Objectives:
- Expected Outcomes:
- Academic Gains: Diversified classrooms and global exposure for Indian students, enabling improved research collaboration and citation impact.
- Economic Gains: Foreign exchange inflow through tuition, housing, and living expenses as well as reduced pressure on outward remittances.
- Diplomatic Gains: Creation of a global alumni network aligned with Indian interests and Enhanced people-to-people ties, especially with developing countries.
- Support for India’s ambition of becoming a knowledge superpower by 2047.
Source: The Hindu