Sunday, November 6, 2011

Regulation or Governance of India's Private b-Schools

Regulation of Private B-Schools in India

I firmly believe that public or private b-schools in India be regulated in an era of reforms.  GOI ministers of HRD made unsuccessful attempts to regulate IIMs a few years back and learnt lessons well.

The private b-schools are competing with the public sector and are endeavoring to deliver their best.  That is the real spirit of reforms.  What Ms Naina jacob dealt with in her article in Business Line of 4th Nov is more of a grievance of some wrong practices or mis-management by the authorities and can not termed as calling for good governance or regulations.  In fact, there has been a legal issue going on between the leading private b-schools and the regulator on the issue of guidelines in December 2010.  

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