Wed, Apr 2 08:44 PM
New Delhi, Apr 2 (PTI) The Indian Institute of Management, Ahmedabad, today ruled out any roll back of the fee hike but said enough scholarships are on cards to support meritorious students. "The hike was indeed necessary because the freeships are now weakening the institute by putting a burden on its corpus fund," IIM-A Chairman Vijaypat Singhania told reporters after over an hour-long meeting with HRD Minister Arjun Singh.
Replying to a specific question whether there would be any review of the fee hike, Singhania said, "No, it remains the same". "The Minister was concerned about the meritorious poor students who will not be able to afford the burden of fee-hike," Singhania said adding IIM-A has decided to increase the scholarship manifold.
As against Rs 40 lakh earmarked earlier for scholarship, the amount would be raised to Rs 8.5 crore. This will cover 62 per cent of the total students of the institute.
PTI.
Today's leading ladies of Hollywood are getting lucrative paychecks, taking together their movie offerings, endorsements, television and fashion deals.
| Copyright © Yahoo Web Services India Pvt Ltd. All rights reserved. Questions or Comments Privacy Policy -Terms of Service - Copyright Notice |
