Kalam backs IIMs' expansion bid | india | Hindustan Times
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Kalam backs IIMs' expansion bid

The President says no single country can achieve knowledge in isolation.

india Updated: Feb 01, 2006 11:28 IST

In an apparent support to the proposal of prestigious Indian business schools setting up shops abroad, President APJ Abdul Kalam on Tuesday favoured sharing of knowledge among countries saying no single country could achieve knowledge in isolation.

Asked to comment on the Centre's refusal to allow IIM Bangalore to go ahead with its Singapore campus proposal, he told reporters accompanying him on his three-nation tour that "knowledge does not come solo. There are some countries, which are strong in software and others in hardware. When they come together, it creates a new synergy. Societies have to come together for sharing knowledge."

His remarks come ahead of Wednesday's meeting of Directors of Indian Institutes of Management on the controversial issue. The IIM's directors are to discuss amending their charter, which prohibits them from setting up shops abroad.

The first proposal by IIM Bangalore to set up a venture in Singapore had got a thumbs down from the Human Resource Ministry which said the prestigious B-schools should first concentrate on meeting domestic demand.

However, in the face of widespread criticism of the HRD ministry's stand, Human Resource Minister Arjun Singh later softened his stand and said the IIMs should amend their Memoranda of Association (MoA) if they wanted to go global.