February 1, 2006Economy

Sense prevails

The Indian government allows IIMs to set up foreign campuses

This is an archived blog post from The Acorn.

In the end, the folks at the human resource development ministry made it appear that all that ruckus over IIMs setting up foreign campuses was largely about bureaucratic procedure. Content that the IIMs will amend their charters to include overseas campuses and receiving in return assurances that the IIMs will expand their domestic intake the Indian government found a face-saving way out of hole it had gotten itself into.

This should give President Abdul Kalam, who had weighed in in favour of the IIMs, something to announce during his visit to Singapore this week.



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