27 January, 2021

Minting One-Sided Coins

The Bhargava report robs IIM governance of debate, refutation

Illustration by Sorit
Minting One-Sided Coins

With minimum fuss and even less debate, the Union human resource development (HRD) ministry plans to radically overhaul the way the IIMs are governed. Perhaps the most critical basis for this proposed overhaul is the IIM Governance Committee Report, usually called the Bhargava Committee Report-II. It provides the intellectual scaffolding for the whole exercise. The committee chairman, R.C. Bhargava—a former IAS officer and CMD of Maruti Suzuki and eminence grise of India Inc and, it would appear, of the HRD ministry too—is also chairman of the recently established IIM in Ranchi.

Each IIM is registered under the Societies Registration Act of 1860. But the constitution of individual societies is not similar across IIMs. Each IIM society constitutes a board of governors, which tends to be large (26-28 members) and pluralistic in representation. The board oversees the functioning of an institute within a bicameral structure, with the second ‘camera’ comprising faculty members and dealing with academic...



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