ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel
Home -> News -> India -> Full Story

IIM-Bangalore follows IIM-A in opposing fee cut
Thursday, April 15 2004 17:26 Hrs (IST)

New Delhi: Ahead of the crucial hearing in the Supreme Court tomorrow, the Indian Institute of Management - Bangalore (IIM-B) today (April 15, 2004) followed IIM-Ahmedabad in defying the Human Resources Development Ministry's decision to drastically reduce the fees of the business school and said it would continue to charge Rs 1.5 lakhs from its students.

In an affidavit before the apex court, IIM-B said of the total fee of Rs 1.52 lakhs charged from the students, it would appropriate Rs 30,000 and keep the rest in a separate non-lien account till the apex court decided the issue raised by a PIL (public interest litigation).

The court had revived hearing on the disposal of PIL after the Centre refused to give a commitment not to tinker with the "autonomy" of the premier business schools though it had given an oral undertaking that reduction of the fees would not amount to interference with the functioning of the IIMs.

However, the court had made it clear that before going into the issue raised by the PIL litigants, it would test their locus standi to challenge the February 5 decision of the Ministry reducing the fees from Rs 1.5 lakhs to Rs 30,000.

IIM-A had filed an affidavit before the apex court on April 13 stating that it would continue to charge Rs 1.58 lakhs from each student appropriating Rs 30,000 of it for the institution and keeping the rest in a non-lien account.

It had said that reduction of fees would not help the poor but provide a subsidy to the children of rich parents and added that the decision, prima facie, was a threat to the autonomy of the IIMs, which have acquired a reputation of excellence.

PTI










Opinion Poll
Is Raj Thackeray going overboard with his anti-North Indian stance?
Yes
No
Can't say
    

Results | Previous Results
More News
300k Zimbabweans threatened by...
Rahat dedicates live concert to...
No alternative to Ukraine in...
NASA delays Mars mission until...
Railway stations can still be...
Scare at Delhi intl airport
NMDC cuts ore prices by 25% as...
Somali-Americans could be...
US stocks fall ahead of...
Sebi extends lifeline for...
Crisis bigger than expected,...
Rail freight up 7-8% for cement...
Govts continue to ignore police...
Muridke base opened for...
Cong not sure of hugging Mamata
CBI asked to look into prez bro...
Needy Parsis' wait for home...
Pentagon raises status of...
Birdflu spreads to new areas of...
PM to be requested to contest...
Governor Gavai condoles kids...
Worth a click
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness

Search Keywords