M A I N   N E W S

Kozhikode IIM accepts fee cut

Kozhikode, March 26
In a significant development, the Indian Institute of Management (Kozhikode) today unanimously decided to reduce its annual fee from the existing Rs 1 lakh to Rs 30,000 in line with Union Human Resources Development Ministry directive.

“The IIM(K) Board discussed the issue and agreed that it is the Government’s prerogative to fix the fee and therefore resolved to accept the decision to reduce the fee,” a top IIM executive, preferring anonymity, told PTI after the Board meeting here tonight.

Asked if the meeting, presided by IIM(K) Chairman and leading industrialist A C Muthiah, discussed the autonomy issue, he said the IIM(K) had nothing to do with it as the public interest litigation that had come up before the Supreme Court related only to IIM, Ahmedabad.

IIM (K) is awarding convocation to its students here tomorrow.

KOLKATA: The fee-cut controversy refuses to die down with the Board of Governors of the Indian Institute of Management, Calcutta, today failing to pass any resolution on the issue in the wake of strong opposition from the faculty to the government’s decision.

Dean of IIM (C) Ashish Bhattacharya, told PTI no resolution could be passed as the faculty was strongly against the proposed fee cut.

The IIM(C) faculty had even placed a position paper before the governing board saying that if the institute went for a fee cut, then quality of education would degrade significantly, he said. — PTI


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