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Sibal stands up for IIM-B

There's A biz war brewing. And the battle lines are drawn within. The human resources development ministry's decision to bar Indian Institutes of Management (IIMs) from surfing foreign shores has drawn flak from the Union government.

india Updated: Jan 13, 2006 04:01 IST

There's A biz war brewing. And the battle lines are drawn within. The human resources development ministry's decision to bar Indian Institutes of Management (IIMs) from surfing foreign shores has drawn flak from the Union government. Science and technology minister Kapil Sibal on Thursday said he was not in favour of the HRD drift as it “was against releasing the genius of Indian people”.

IIM-Bangalore has decided to convene a meeting of its board of governors, headed by Mukesh Ambani, to discuss the ministry’s January 20 whip. “We have been told to meet the growing demand for MBA in the country before venturing outside. But we don’t think the ministry should object if we offer short-term overseas modules (in this case Singapore). We will discuss the options at the meeting next week,” said Prakash G. Apte, director, IIM-B.

Sibal had said the IIMs should be allowed to strike overseas bases to make the best use of talent. “If IIM-B wants to set up a campus in Singapore, it should be allowed to do so. I don't know why we should restrain it. Though many in the government might differ with my views, things have changed. The country requires to educate as many as possible to build a skilled workforce,” Sibal said.

The HRD ministry officials proffered: “We told the IIMs that they should first meet the country’s management education needs.”

First Published: Jan 13, 2006 04:01 IST