Has proposed a new law to regulate foreign educational institutions. But as of now it has no legal base.
Mandated to ensure quality of technical education, it has suo moto initiated a scheme to approve such joint offerings and local campuses of foreign institutions.

Status quo
Most of the reputed institutions do not go through the AICTE approval route, since they feel the regulatory regime is stifling. The most notable example is the certification offered by ISB. AICTE terms even this as an unapproved programme.
The programme cited in the above problem is valid and approved by AICTE. But unless a level playing field is created many good institutions will continue to be termed as unapproved, and a host of unscrupulous players would use the same as an argument to offer substandard programmes