Tuesday, October 21, 2008

Can we educate the regulator?Can we educate the regulator?

Over the decades, he has emerged as one of the most respected entrepreneurs of post-Independence India and nurtures the powerful corporate legacy of the Godrej family. He is very optimistic about India’s future. And yet, when B&E asks Adi Godrej about one single issue that could derail India. he unhesitatingly says ‘education’. “The State has to encourage private sector participation in education. There is no other option. It is the private sector that made the third rate telecom and aviation sectors in India world class. It is the private sector that will do it in education.” And of critical importance is the FEI (Foreign Educational Institutions: regulation of entry and operations, maintenance of quality and prevention of commercialisation) Bill, 2007, that had to be shelved last year by Arjun Singh due to stiff opposition from the Left. Granted that the current UPA government has just about a few months left to go before it is election season.....Continue

Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist).

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