The All India Council for Technical Education (AICTE) action plans, students and their parents and complaints issue showcause notices management of schools and universities that are not tuition reimbursement and keep the certificates original university students wishing to change their school before the academic course begins.

The technical training corps plans direct regulation on institutions refund all fees charged by the student, after deduction of processing fee not exceeding 1000 R

If the student is leaving after his admission to the course and the seat is not occupied by the last day of registration, the establishment is still seen relatively tax deduction of monthly tax and relatively rented the hostel Youth.

There are about 1100 B-100 schools and universities in India.

Last year, AICTE has received complaints from students and parents, against more than 100 schools of management, that there Director approximately 70 per cent of fresh settlements

This is a new variant of the still ongoing tussle between the Union Ministry of Human Resources Development and the Faculty of the Indian Institute of Management, Calcutta.

The MHRD, a cheque crore RS 4 IIM-C on Thursday evening, with a goodwill letter, this is not the kindness of the Faculty members.

While the letter states that the money is sent to the Institute with the express purpose that good, that the deficit is due to annual tuition of 1.25 lakh bar RS RS 30000, members of the Faculty said that the ministry was only trying “an act of submission” to the Supreme Court.

While no provision has been to date have IIM, Ahmedabad and IIM, Bangalore, it is assumed that money was sent to IIM-C, because its Board of Governors of the tax by a bar resolution, while the Faculty decides against him.

The PIL was filed at the head of court against the MHRD for the tax bar. IIMS of Ahmedabad, Bangalore and Calcutta (Faculty, in the latter case), the PIL.

The Faculty The argument was that once the tax reduced, it is annual deficit of nearly 6.5 crore MHRD But the case has ensured that good, the deficit in tranches of the fee, and it is in the sense that the check was sent.

Faculty A meeting was convened last Friday to discuss the removal MHRD and the consequences that result from the fact that the Faculty last. The Council said MHRD not a single penny time in 2003-04, when he apparently was preparing to send at least RS 6 crore.

Hence, the sudden release of funds is “intangible and a powder in the eyes.”

“The MHRD all crazy trying to maintain, in the cheque. It is well below what the IIM C would be necessary if the tax bar is implemented. The Institute is already taken by a lack of means. We have tried our cost of the body that we have put in place since 1991, a high-level Faculty said.

“Let the MHRD first version during the last year, the fund and its share for this year, through these RS 4 crore, before any claim,” said the panel members.

THE faculty council of the Indian Institute of Management, Calcutta (IIM-C) on Monday decided to move the Calcutta High Court challenging the validity of the 164th meeting of the board of governors, which took place on March 26, 2004.

Prof Asish Bhattacharyya, Dean (Planning & Administration) and spokesperson of the faculty council, told newspersons that the validity of the said meeting was being called into question since four members had been replaced or substituted just before the crucial meeting to decide on the fee cut issue.

The council has also recommended that the Director of the institute provisionally maintain the fee structure for the forthcoming session, which begins in May.

Prof Bhattacharyya said that the council has suggested that since the board of governors has not been able to take a decision on fee reduction as directed by the Union HRD Ministry, the continuation of the same fee structure was advisable in view of smooth functioning of the institute as per the curriculum.

In the just concluded two-year session, IIM-C had charged a total of around Rs 2.5 lakh. The payments were obtained in various stages. The initial payment was around Rs 48,000.

“We have also suggested to the Director, who was present at the council meeting today, that fee received in excess of what might be finally decided by the board of governors or the Supreme Court be refunded with interest to the students.”

Prof Bhattacharyya also said that it has been the practice at IIM-C that before every session the faculty would recommend the fee structure and the board would take it up for approval. The council has also suggested that the Director, in the absence of clarity, might keep aside the Central Government’s proposed grant of Rs 4 crore for 2003-04 on account of non-Plan expenditure.

“The fund has not come in yet. But if it comes, the council advises that it should not be used until the matter is resolved by the Supreme Court or through a process of dialogue.” Meanwhile, the IIM-C faculty council has requested the Ministry that it be included in the process of dialogue on the fee revision issue.

The council has decided to form a three-member committee consisting of two faculty members and one alumnus for the proposed dialogue.

Calcutta, April 28. The Faculty Council of Indian Institute of Management, Calcutta Wednesday a petition filed petition before the Calcutta High Court against the validity of the Board of Governors meeting on March 26 had allegedly authorized the Board Chair to take a decision in the issue of fee cut. The tax was revising down by the Union Ministry of Human Resource Development in the six IIMS.

The petition is limited to the validity of the meeting and not the accuracy and validity of fresh cut mandate of the ministry, such as the case is pending before the Supreme Court.

The Faculty written petition took note of the situation, data showed on Thursday that, when appointing members on board and the appointment instead of the representative of European Union members absent government allegedly acted in violation of the rules of the IIM-C.

NOW that the IIMs have more or less ruled out a legal recourse against the HRD Ministry’s directive to impose a fee cut in their PGP (Post-Graduate Programmes) courses, the country’s premier business schools are busy considering various options to make up for this revenue loss.

“One of the options before us is to increase the number of Management Development Programmes (MDPs),” said Prof Prakash G. Apte, Director, Indian Institute of Management, Bangalore.

In an exclusive interview with Business Line today, he said that the board of governors would meet in the next four days. “IIM-Bangalore will work out its finances then. We have not yet received the break-up for the planned and non-planned grants.”

But would increasing the number of management development programmes not impose a huge load on the already over-burdened professors who are handling various PG courses, executive education programmes and consultancy assignments?

(IIM-Bangalore, for instance, has about 70 professors for 700 students (400 in the PGP, 300 in the PGP in Software Management and 40 PhD students) and this year, the institute has conducted about 45 MDPs.)

Prof Apte said that they might even consider reducing the number of offerings for the students so that more staff time is available for corporate training programmes.

On whether the institute would recruit more teachers, he said: “Yes, that would be one option,” but expressed doubt about finding the right kind of talent in the industry.

But this too would require Government permission. And what about additional funds for the salaries? With the cut in allocation in this year’s Interim Budget - from Rs 79.73 crore last year to Rs 45 crore in 2004-05 - the IIMs would have to tread this path carefully.

Meanwhile, the Government is also insisting that the IIMs increase intake of students.

This might be one way of boosting their revenues, but Prof Apte said: “We can take about 40 more students, provided we have the right infrastructure like hostel rooms, mess, etc.”

If his intention was evozieren a sense of patriotism and pride among young graduates of IIM Bangalore, M. Anand Mahindra, vice-chairman and Managing Director, Mahindra and Mahindra Ltd, doubtless succeeded.

Time, the convocation address on the 30 annual Convocation of the Indian Institute of Management, Bangalore, Mr. Anand Mahindra, invited the graduates to create a model of capitalism compassion and investment with integrity. ”

He advised the students strap on an anti-gravity belt, had three buttons: one to turn off their failure mechanisms of protection, the second to activate its secret weapons (brahmastra) and the third to activate self-belief. In his view, India is not USP’s Low-Cost yet the advantage of linguistic knowledge in English, but ensuring the lowest cost through innovation. Following the example of how Mahindra’s Scorpio R & D team, he said, “We are against a fee of $ 120 million, while the USA have not done so to $ 600 million.”

IIM-B Terming as “one of the best business schools in the world,” these studies Harvard Graduate asked the party from 2005 to tackle the gravity and soar high. ”

“You are the first generation of Indians to be completely free. You are diploma, if India wins its second freedom fight,” he said.

On the convocation today, four students were the headlines a Fellow of the IIM-B, 192 students were established by the degree of post-graduate diploma in management, 54 students have graduated from a PG software business management and 28 students were graduates PG-Public Policy.

If the IBM-Board meets Tuesday, the key decision will face as deeply to cut this period. And the result would be to say much about how fast and powerful, as the company’s new chief executive, Louis V. Gerstner Jr., wants its mark on the troubled computer giant, he joined in April.

Most of Wall Street and industry analysts expect that the sources of board to take a cargo of large profits for the second quarter against the closure of factories and equipment balances, since the company streamline its activities. The fee for the cutting of production capacity - which could be enriched by $ 1 billion to over U.S. $ 4 billion, said one analyst - would, in addition to $ 2 billion of depreciation announced earlier this month as provided for greater reduction of staff. The operating loss expected

The International Business Machines Corporation is also expected to announce its second quarter results after the committee meeting. In addition to a special levy for the reductions, analysts predict that the report is an IBM operating loss in the area of $ 140 million to $ 180 million.

Most analysts believe that the board decides Tuesday on the slice of IBM dividend for the second time this year, given that the company cash to recover the fighting. The quarterly distribution is 54 cents and analysts predict that this is more than half, or 25 cents.

The computer industry are also noted, if the name of IBM or compensation for its two onboard. Three out of directors recently decided to bottom, and Tuesday of the meeting are also the last of Jack D. Kuehler, a vice-president of IBM, retired. A clean, bold stroke

If you are a second quarter enormous fees is that it works to the advantage of Mr. Gerstner - and IBM - for financial housecleaning necessary for a stroke and bold move with the reconstruction process. That must stop IBM, analysts say, is its recent history, the costs quarter after quarter, year after year, react to market changes, rather than control.

“Death by a thousand cuts is exactly what IBM has done for years,” said David Yoffie, a professor at the Harvard Graduate School of Business Administration. “Gerstner has helped to reduce as much as possible, as quickly as possible, that behind him.

Mr. Gerstner, provides Dan Mandresh, an analyst for Merrill Lynch & Company, is in favour of a “clear the decks” approach.