Ofcouse Rashmi is not goping to respond to my comments she keeps on harping about IIMs in all her articles. A whole industry is built around coaching for CAT for not so sucessful students otherwise who consider clearing CAT and getting in to a B school a moksha from otherwise bleak prospectus. I am not counting those here who consider management degree as a mid carrier shift. First thing management institutes teach students is to build an image for themselves and create a brand value, No MBA from any institue will berate his institue in public for this reason. IIM and IIT is not comparable at all, IIT brand is well known around the world were as IIM piggyback the same brand value by virtue of 2 How pompous IIM alumni can be understood from this gem in the article ."Most of us really don't care about any of these grand plans, except the bit about IITs and IIMs."
IISc Bangalore is best example of PPP , It was created by Jamshetji Tata 100 years ago and has contributed more to nation building then all IIMs put together.
Real output of IIT and IIM is to create coolies for MNCs . Yes there are some IIT alumini who are sucessful in silicon valley but there is an equal number of non IIT garaduate indians who are sucessful as well. Also those alumni who are sucessful are not totally beacuse of IIT but because of post graduation course and Phd done elsewhere. Many of these sucessful IIT grads are actually B.E from a normal institue who did M.Tech in IIT to get a better ta