New Delhi, Feb 15: Infosys Chief Mentor N R Narayanamurthy, who is Chairman of the Board of Governors of IIMs, met Prime Minister Atal Bihari Vajpayee on Saturday and was understood to have discussed the issue of government's decision to reduce the IIM fees by 80 per cent. Narayanamurthy was accompanied by Vindi Banga, Chairman of HLL, and K V Kamath, CEO OF ICICI and a member of the Board of Governors.
They were understood to have urged the Prime Minister to reconsider the government's decision on the ground that at a time when subsidies were being eliminated, the reduction of fees would harm the reforms process as it would amount to paying for elite education.
The fees reduction may also impinge on the autonomy of the IIMs as they may have to depend on the government for increased grants, they were believed to have told the Prime Minister. Bureau Report