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Monday, Apr 05, 2004

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Opinion - Letters


Management education

This is with refers to "Financing management education" (Business Line, April 3).

It is pertinent that the process of structural adjustment necessitates a redefinition of the role of the Government — from a provider to a facilitator — and envisages a reduced government intervention in all sectors, including education.

It implies that the best way to finance management education is not to increase the subsidies but to shift the incidence of the financial burden to the direct or indirect beneficiaries.

As rightly suggested in the article, students loan scheme is the right one to finance management education at the IIMs. Since the courses at IIMs enjoy a premium in the employment market, loan schemes will be conducive for the providers of loan and to the borrowers as well.

C. Ramesh

Keeramangalam (TN)

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

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