How Indian business schools can become world-class education institutions

Barring a few, most of the B-schools end up as mere fillers for aspiring students

Prime Minister Narendra Modi in his address at the BRICS summit, reiterated that India aims to become a US$ 5 trillion economy by 2024. The finance minister while delivering a lecture at the Columbia University’s School of International and Public Affairs stated that this target was “challenging” but “realisable”. Currently, we are a US$ 2.7 trillion economy and it is amply clear that significant structural reforms need to be undertaken on a war footing with an open mind to break certain regulatory and bureaucratic “roofs and walls” to reach there while continuing to have safeguards wherever strategically required.

Being a