Date:13/04/2004 URL: http://www.thehindubusinessline.com/2004/04/13/stories/2004041302580100.htm

Back IIM-B defers decision on fee cut to early May

Anjali Prayag

Bangalore , April 12

WITH four out of the six IIMs agreeing to slash their fees according to the HRD Ministry's order and IIM-Ahmedabad still fighting it out, IIM-Bangalore has decided to defer the decision by another month.

Speaking to Business Line, Mr Prakash G. Apte, Director, IIMB said, "Mr S.M. Datta, the Chairman of the Board of Governors of the IIM Bangalore, has referred the fee cut issue to the IIMB Society.

He has left it to the Society to take a decision when it meets in early May."

The IIMB Society, comprising the Board of Governors and the donor members is a larger body and according to the Director, has the `power to fix the fees.'

It may be recalled that the Board of Governors of IIMB which met on March 27 had left it to the Chairman of the Board of Governors, Mr S.M. Datta to take a decision on the matter. However, Mr Datta was not available for a comment on the issue.