Financial Daily from THE HINDU group of publications
Wednesday, Mar 17, 2004
Financial Daily from THE HINDU group of publications Wednesday, Mar 17, 2004 |
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Industry & Economy
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Education IIM-B faculty flays fee cut move Our Bureau
Bangalore , March 16 THE 68-member faculty of the Indian Institute of Management, Bangalore, has put together a resolution criticising the Human Resources Development Ministry's decision to reduce tuition fees at the Institute. According to Mr Bringi Dev, Head, Communication Unit, IIM-B, the resolution will be tabled before the Board of Governors of the Institute on March 27. The faculty resolution, which was put up on the Institute Web site on Tuesday, clearly says that it is not in favour of greater subsidy to all students. "Only the economically weakest should be considered for this, and IIM-B is already doing that. We recommend that all students pay the fee determined by the Board to IIM-B. However, if MHRD or any other Ministry or Department in GOI wishes to provide any additional subsidy, it can directly remit subsidies to admitted students or route these through IIM-B," it says. According to the resolution, there has been a sequence of events suggesting that that the issue on hand is not just of fees.Some of the events are "setting up of the Bharat Shiksha Kosh, taking full control of the Director's selection, asking IIMB to reduce its corpus fund, seeking to take control of the CAT exam, exercising control of funded research projects in collaboration with other universities, press reports that IIMs will be asked not to conduct group discussions and interviews to admit students, the rejection of two well-thought out MoUs drafted by the faculty," according to the resolution.
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