Online edition of India's National Newspaper
Monday, Mar 29, 2004

About Us
Contact Us
Kerala
News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment |

Kerala Printer Friendly Page   Send this Article to a Friend

Muthiah seeks more funds for IIM-K

KOZHIKODE, MARCH 28. A.C. Muthiah, Chairman of the Indian Institute of Management-Kozhikode (IIM-K), has justified its decision endorsing the Centre's directive on fee cut and sought additional funds for the maintenance of the prestigious management institute.

``The decision to reduce fees is the prerogative of the Centre and we are not supposed to dictate terms, as the Government has a supervisory role to play,'' Mr. Muthiah told mediapersons here.

He said the IMM-K Board of Governors, at its meeting on Friday night, had unanimously decided to implement the Centre's directive without affecting the autonomy of the Institute.

A controversy had erupted in the wake of the Union Human Resource Development Ministry's decision to slash the annual fee from Rs 1.50 lakhs to Rs. 30,000. The IIMs Lucknow and Indore had already endorsed the decision.

He said that the Centre should allocate additional funds to meet the loss of revenue in the wake of the huge reduction in fee adding that ``we do not have huge corpus of funds'' as the IIM-K was in its infancy. -UNI

Printer friendly page  
Send this article to Friends by E-Mail

Kerala

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts:
Classifieds | Employment | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu