INTRODUCTION
The Government of India's first Review Committee was appointed in November 1979 under the Chairmanship of Shri H.P.Nanda, to review the working of the three Indian Institutes of Management at Ahmedabad, Calcutta and Bangalore, to make recommendations for the promotion and development of management education in India. The terms of reference and members of the first Review Committee are given in Appendix 1. The Nanda Committee report, submitted in December 1981, made several recommendations for strengthening the various activities of IIMs. It also recommended the setting tip of two additional IIMs, and in tern- is of future directions, suggested spreading professional management especially to public utilities and to international management. Major recommendations of the Nanda Committee are summarised in Appendix 2.
A decade later, in May 1991, the Government of India, Ministry of Human Resource Development, appointed a second Review Committee, under the Chairmanship of Dr.V. Kurien, to look into the direction and functioning of the four Institutes of Management - the Institute at Lucknow was added in 1984. The Government Resolution appointing the Review Committee-mentioned that, "While these Institutes have very considerable achievements to their credit, it is often said that there is scope for a better balance in their programmes."
The Resolution further stated, "The National Policy on Education, 1986 has indicated the need for systematic development of management education in general. It recognised IIMs as prime-movers of development of management education. In the area of management educa- tion, the policy indicates the need to remove mis-matches of trained personnel with job profiles and spells out the expectations from the IIMs to cater to our developmental needs, including those of the society and the disadvantaged sections."
The Resolution recognises the contribution of the Institutes of Management to management education in the country, indicates the need to remove mis-matches between trained personnel and available jobs and finally hopes that it (.an cater to the country's development needs and the disadvantaged sectors of society.
Taking into account the above mentioned concerns, the terms of reference for the Kurien Committee were spelt out as: