The chairman of the Indian Institute of Management, Ahmedabad, board NR Narayana Murthy yesterday rejected the idea of better-off institutes supporting the weaker ones. | |
| He said the stronger IIMs, like IIM-Ahmedabad, had a lot to do to strengthen themselves. |
| |
| "IIM-Ahmedabad cannot take up other IIMs. It cannot to anything for others," Murthy told newsmen when asked whether financially sound IIMs could help the weaker ones. |
| |
| "IIMs at Indore and Lucknow are good institutes. They have good people and I am sure they will be taken forward," he said. |
| |
| Murthy said each IIM should help itself. He was, however, open to the idea of faculty transfer. "This can be discussed," he said. |
| |
| The idea of stronger IIMs helping the weaker ones came up yesterday when Human Resources Development Minister Arjun Singh announced government plans to set up an IIM in northeast. |
| |
| Singh had said the institute would be set up and operated by one of the established IIMs after which it would function independently. |
| |
| As the IIMs thrash out a formula for need-based scholarships, Murthy said the ministry did the right thing by allowing the institutes to decide their own fee structure. |
| |
| "This is the right thing to do and I am glad our proposal (to keep the fee structure intact while allowing for need-based scholarship) has been accepted," he said after IIM Indore, IIM Calcutta yesterday decided to revert to the old fee structure but offer need-based scholarship to students. |
| |
|
| |
