UK wants India to open financial sector
Britain has asked India to open its financial and insurance sectors, besides showing interest in collaboration in education. NRIs: Away but united I H-1B rules
By PTI |
LONDON: Britain has asked India to open its financial and insurance sectors, besides showing interest in collaboration in education.
In a recent meeting with Minister of State for Industry Ashwani Kumar here, UK Minister of State for Trade and Investment Digby Jones said opening up of financial, insurance, legal and accountancy sectors would contribute to India's economic growth.
Jones said there were immense possibilities for India-UK collaboration in the education sector.
A large number of Indian students enrol themselves in British universities every year. Reforms in education have not kept pace with the economic liberalisation achieved in the last 17 years.
However, the UPA government is giving priority to higher education and skill upgradation, involving the private sector.
In a recent meeting with Minister of State for Industry Ashwani Kumar here, UK Minister of State for Trade and Investment Digby Jones said opening up of financial, insurance, legal and accountancy sectors would contribute to India's economic growth.
Jones said there were immense possibilities for India-UK collaboration in the education sector.
A large number of Indian students enrol themselves in British universities every year. Reforms in education have not kept pace with the economic liberalisation achieved in the last 17 years.
However, the UPA government is giving priority to higher education and skill upgradation, involving the private sector.
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Kumar invited British investment and cooperation in the field of education. He also sought cooperation in physical and social infrastructure, for which India needs an investment exceeding 1.5 trillion dollars.
Meanwhile, he met head of the Finnish Innovation Fund and former Prime Minister of Finland Esko Aho in Helsinki. They discussed possible areas of partnership in energy, communication, information technology and paper industry.
Kumar will be the chief guest at the global innovation summit being held tomorrow at Oulu, Finland.
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