The Hindu : IIM `irregularities' may come out: Joshi

Online edition of India's National Newspaper
Sunday, Mar 28, 2004

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IIM `irregularities' may come out: Joshi

NEW DELHI, MARCH 27. In the midst of a raging controversy over the drastic slashing of fees in the Indian Institutes of Management (IIMs), the Human Resource Development Minister, Murli Manohar Joshi, says that "financial irregularities" in some of these institutions may emerge in the coming days.

"There is a fear psychosis being generated by those whose skeletons will be out when financial irregularities of certain institutions will come out," he told NDTV's `The Big Fight' programme.

Claiming that the opposition to the fee slash was not unanimous, Dr. Joshi said: "it is just one IIM that started opposition to it," a press release by the TV channel quoted the Minister as saying.

Dr. Joshi said, "They have not created bylaws. They have to function according to bylaws. I ask, why have they not created bylaws? This is a practice they should follow and those bylaws have to be approved by the Government."

Observing that he had called a meeting of all six IIM Directors to know whether they had any objection to the fee slash, Dr. Joshi said, "They kept quiet and said `no, we have no complaints.' "

Commenting on the Infosys chief and chairman of IIM Ahmedabad, N.R. Narayanamurthy, who vehemently opposed the move, Dr. Joshi said: ``As far as Infosys is concerned Narayanamurthy knows better than me but as far as these institutions are concerned, I know better than them."

IIM(C) to accept

cut in fees

A Kolkata report said that the board of governors of the Indian Institute of Managment, Kolkata, has decided to accept reduction in fees as proposed subject to the faculty council's concern on autonomy. Although there were two extreme positions taken in the course of the four-hour board meeting on Friday, the Government nominees assured that there would be no interference in the functioning of the institute, a member of the IIM(C) board said. — PTI

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