Education needs more capital, fewer curbs: Noel Tata

File photo: Noel TataBENGALURU: Tata Trusts chairman Noel Tata on Sunday questioned restrictions on for-profit education, saying they discouraged investment in a sector where India needs far more quality colleges and universities.Speaking at IIMBue, an IIM Bangalore alumni meet in Bengaluru, Tata said only a small fraction of students secure admission to the country’s top institutions, forcing many high-performing students to pursue higher education overseas.“We spend an atrocious amount of money every year sending kids to the US and Europe,” he said.Tata said India should create enough world-class institutions so students do not have to leave the country for quality education and career opportunities.“I believe the courts have said that you can’t. An educational institution cannot be for