Subimal Sen, vice-chairman, West Bengal Council of Higher Education, said the state government has earlier conveyed its reservations on the Bill and is not ready to accept it in any form.

“The Yashpal Committee has recommended that skilled faculty from foreign countries can teach in our educational institutions. It said the institutes cannot take the profit home. By allowing the universities to carry profit home, the Centre has gone against the recommendations from its own committee,” said Sen.

In the Bill, the universities have been allowed to carry profit from consultancies and technology developed but cannot corner profit from academic activities.

Sen said the matter should have been discussed in the Central Advisory Board of Education before being placed in the Cabinet.

The Foreign University bill was put in a cold box for about four years owing to the Opposition from the Left and other parties.