TERMS OF REFERENCE

(i) To review the present status of the IIMs in fulfillment of their objectives as centres of excellence in management education and research.

(ii) To assess the overall impact of the institutes on the training of high level management personnel for the development of the country.

(iii) To make recommendations regarding reorganisation of IIMs with a view to better serving the country's economic and social development needs.

(iv) To suggest measures for making the Institutes more cost effective and less dependent on government grants.

(v) To review the management structure of the IIMs and to suggest necessary changes therein and other measures for realising the recommendations of the Committee.

(vi) To report on any other aspects that art? relevant to overall effective and efficient functioning of these Institutes.

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2.1 Members

The Review Committee consisted of:

        
                 1.    Dr. V. Kurien                              Chairman
                       Chairman
                       National Dairy Development Board
                       Anand.
        
                 2.    Shri Satyam G. Pitroda                     Member
                       Advisor to the Prime Minister
                       on Technology Missions
                       Prime Minister's Office
                       South Block, New Delhi
        
                 3.    Dr. Kamla Chowdhry                         Member
                       Chairperson
                       All India Board of Management Education.
                       AICTE, New Delhi.
        
                 4.    Shri B.N. Yugandhar                        Member
                       Director
                       Lal Bahadur Shastri
                       National Academy of Administration
                       Mussoorie.
        
                 5.    Dr. M. Santappa                            Member
                       Former Vice-Chancellor
                       Madras University
                       Madras.
        
                 6.    Shri S.M. Datta                            Member
                       Chairman,
                       Hindustan Lever Ltd.,
                       165/166, Backbay, Reclamation
                       Bombay.
        
                 7.    Shri Sanjit Roy                            Member
                       Social Work & Research Centre
                       Village Tilonia, Dist. Ajmer
        
                 8.    Professor V.S. Vyas                        Member
                       Director
                       Institute of Development Studies 
                       Jaipur.
        
                 9.    Professor K.R.S. Murthy                    Member
                       Director
                       Indian Institute of Management
                       Bangalore.
        
                                          

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                 10.   Shri M.P.M. Kutty                  Member - Secretary 
                       Director
                       Department of Education
                       Ministry of Human Resource Development
                       Government of India
                       New Delhi
        
                                          

2.2 Methodology

In the first meeting of the Review Committee, held on July 5,1991 in New Delhi, the members agreed that large amount of paper work be avoided- that visits to each of the four IIMs be made and that meetings and discussions be held with available Board Members, Faculty and students. Additional meetings in Delhi and Anand 'were arranged where the Review Committee members reflected on information received, on discussions held, argued and clarified points of view, and with much debate and discussion tried to address the concerns raised by the Government:

It was agreed early in the discussions that instead of detailed reviews on every aspect of IIMs functioning, the Committee will focus on the following broad areas for critical review and recommendations to the government:

1. Mission/Mandate of IIM's as stated by the Government of India.

2. Overall assessment of achieving its mandate.

3. Efforts to deal with developmental concerns with special focus on their strategies to deal with public policy and public management.

4. Finance, with special attention to making the IIMs more self sufficient and less dependent on government.

5. Governance with reference to issues of autonomy, accountability, search for future directions and excellence.

Broadly, the terms of reference (i) and (ii) are covered by the review of mission and overall achievements; (iii) by reviewing public policy and management; (iv) by finance; and (v) and (vi) by governance.

The Committee had stimulating discussions with members of the IIMs, and also among themselves. The Review Committee wishes to acknowledge the time and energy the members of Institutes devoted to educate and familiarise us with the Problems of running a management institute, of pursuing excellence and of trying to break away from the traditional mould of business management to management education of greater relevance to Indian needs - their successes and failures, and the reasons thereof. We are grateful to them for their openness and candour, for sharing with us their vision of the future of IIMs and their concern for maintaining excellence in a situation of diminishing resources.