Vantage point

Wednesday, May 19, 2004

IIMs Safer Than Ever!!

The IIMs have been around for decades now, but it is only in the past 10 years or so that they have gotten attention comparable to the IITs. Do you know when this rise from mediocrity started?

In the early 90s, when the government told the IIMs to raise funds for themselves, and gave them autonomy. A fellow in the government suggested that the IIMs build up corpuses of their own through means they deem fit, instead of relying on government funds.

This fellow had also helped save the Delhi School of Economics from closure using similar ideas.

This fellow was then the Finance Minster, and on Saturday, will be sworn in as our Prime Minister.

The autonomy of the IIMs has never been more secure. :)