against IIM-C Chairman YC Deveshwar's decision
to accept the govt imposed fee cut, in a
unanimous resolution IIM-C faculty said,"Mr.
Deveshwar has talked about moving forward in
his resolution. The point to consider is
whether this move forward is in the reverse
a strongly worded letter to MHRD, the West
Bengal govt has also questioned the legality
of the IIM-C fee cut decision, " we
are under the impression that the the entire
issue of revision of fee is under
consideration in the Supreme Court, and if so,
the matter would be 'sub-judice'. This would
further imply that further deliberation on the
issue is not appropriate...".
Gupta, a US based IIM-A gold medallist has
filed a PIL challenging the legality of the
fee cut. Gupta, a Wharton Ph.D., Shashi
Bhushan Singh (IIM-B, 2003) and Kamal Sharma (IIM-A
1973) have asked for a stay on the
implementation of the fee cut order. More...
affidavit giving the details of the 'locus' of
the persons who had filed the PIL and the
accounts of the IIMs was filed today, 02 April
incidentally, has not responded to the letter
asking for the accounts !
IIM-A position paper, as expected, highlights
the negative impact of the fee cut but, also
mentions accountability of the Institute. The
paper shows that the fee is only 11% of the
average starting salary of the graduates, far
less when compared to the business schools in
the US. More...
faculty also decide to express themselves.
Assert that autonomy is essential for doing
well and they do not support greater subsidy
faculty have also recommended to the Board of
Governors that either the govt. can be asked
to fund the capital expenses while IIMB meets
the operational expenses. Or, the Board of
IIMB takes charge of its finances including
funding of capital expenditure". The
faculty also declared that they," will be
glad to help the Board raise finances". More...
today's PIL hearing against the fee cut and
interference in the functioning of the IIMs,
the MHRD lawyers refused to give an
undertaking that there will be no interference
in the functioning of the IIMs. This led to the
court accepting the PIL for hearing. The court
has also directed that the IIMs can be
included as parties to the PIL