Arjun Singh unhappy at fee hike in IIMsApril 1st, 2008 - 12:29 am ICT by admin
New Delhi, March 31 (IANS) Unhappy over exorbitant fee hike announced by the Indian Institute of Management (IIM), Human Resource Development (HRD) Minister Arjun Singh has indicated constituting an independent regulatory authority for higher education. The IIM-Ahmedabad Saturday announced hike in its fee from Rs.450,000 to Rs.1.15 million while IIM-Kozhikode Monday increased its fee from Rs.385,000 to Rs.600,000.
A senior official of the ministry told IANS that the minister has expressed his unhappiness over the fee hike announced by the IIMs.
“As the minister is in Bihar to attend an official function, he had asked top ministry officials to discuss the issue and prepare guidelines for early formation of a regulator,” informed an official.
Although senior HRD ministry officials met informally Monday to discuss the IIM fee hike, the minister is likely to convene a meeting this week to discuss the issue.
The minister has been vocal and in favour of the regulator like that for telecom sector that could deal with day-to-day issues confronting the education sector, especially higher education.
Even the National Knowledge Commission has asked for an independent regulator for higher education.
“You cannot make a government institution commercialised. This will set precedence for other management institutions also,” said a senior HRD official.
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