IIMs refuses to agree HRD committee suggestions

With trashing the HRD ministry-appointed committee reports on the new governance structure and teaching load, saying that they are based on incorrect data, the faculty bodies at IIM-Calcutta and IIM-Bangalore have passed unanimous resolutions to set aside the reports which suggest to reduce the size of IIM boards and demands each faculty to spend 160 hours a year on teaching.
Other IIMs are likely to follow suit seeking broader consultation on the proposed reforms.
The IIMs believe that if these changes will be implemented, they will have a negative impact on the morale of the faculty, IIM-B faculty said in a memorandum submitted to board of governors chairman Mukesh Ambani last week.A fresh panel involving alumni and eminent
academics have been called to create a governance structure for long-term development of IIMs.
A five-member committee headed by IIM-Ranchi chairman R C Bhargava had recommended reducing the size of the IIM boards and societies by almost half, and allowing corporate bodies,individuals and alumni to become members of the IIM society by paying Rs 20 crore, Rs 5 crore and Rs 3 crore respectively.
However, the IIM-B faculty rejected the idea, saying that it will lead to a major structural change in the ownership of IIMs and would be completely against public interest.