Was Rashmi paid by IITs and IIMs for publicity. Let me do some reality check on IITs and IIMs. Only good thing these institute do is pick people who are highly motivated and have ability to bear stress. And they select thousands (combined) out of billion people. You put these people anywhere and they are bound to do well just on the basis of selection. The level of innovation and creativity from IITs and IIMs is not even worth talking about (esp compared to input and talent pool). So all they do is choose a most sturdy of billion and provide them to American economy as techno-labor. On average these people work under the vision of someone else (I am not talking about exceptions). lastly coming to Rashmi Bansal. Her article should be deemed as 'funny'. She smacks of a attitude that people in Harvard she is criticizing posses. I have studied in elite places where selection ratio is even more difficult than IITs. And I have seen students who get this attitude the moment they get selection letter. Well I did and they all should consider them lucky first. And finally last myth: IITs and IIMs contribute to India's growth only as much as Indians working in Gulf (They just dont have Rashmi Bansal's for PR). Go to any technology and development place in India (DRDO, ISRO, etc) and show me how many IITs and IIMs are there? Lets not create Harvards in India. Access of quality education to all is must for any govt and society.