Kolkata, October 11: Union Education Minister Ramesh Pokhriyal 'Nishank' has said that students don't need to spend dollars on education in foreign countries any more as the National Education Policy is in line with the global standards.

Addressing a webinar organised by IIT-Kharagpur on Saturday evening, Pokhriyal said the country has a robust education system and quality research facilities. Shashi Tharoor on NEP 2020: 'Much to Welcome in New Education Policy, Glad Modi Govt Finally Grasped The Nettle'.

"There is no need for some of our students to enroll in foreign universities, spending dollars on admission. We have all the infrastructure and facilities. The National Education Policy 2020 has further taken care of the issue. Our students will stay and study in the country now," he said.

"Prime Minister Narendra Modi has invited foreign universities to set up campuses in India and encouraged Indian universities to build overseas campuses so that students are motivated to stay in India and study India," he added.

The minister said the credit bank system in the National Education Policy is in accordance with global education programmes. "The credit bank system enables students to take a break from academic programmes, thus awarding certificates, diplomas and degrees," he said.

Pokhriyal expressed hope that the digital platforms developed under various educational initiatives of the government since 2014 would help strengthen the countrys higher education system in sync with international practices.

Speaking at the webinar on 'India: The Global Destination for Higher Education - Post NEP 2020 Scenario', IIT Kharagpur director VK Tewari lauded the concept of the multi-disciplinary research university as proposed under the NEP.