hmmm i think mr sankar u didnt read this carefully . There is a differential fee scheme. The richer u are the more u pay the poorer u are the less u pay. Believe me once u get a seat at IIM Ahmedabad the institute makes sure that no one misses the opportunity to study because of the lack of funds. I have been offered admission at IIM - A and the authorities have taken the funding situation very seriously abt 22 students will not pay any fee this year Sections of media like this always provide incomplete information to incite the public and this is sad. I must tell u that 'rich politicians' cannot send their children to IIM-IIT. these institutes demand merit! also iim students earn a lot during their internships so they can pay back a substantial part of the loan at the begining of the second year of study itself! also it is imperitive to understand that.. everyone gets loan without any collateral etc. At a time when govt does not provide any funding and when it is absolutely essential so that the insititutes can mantain their world class standards i feel that the institute is justified in fee hike. I am a middle calss indian with parents in govt jobs having admission at IIMA. When i dont have any problem, because i know the position the best, i do noit understand why ppl with no stake at all keep blabbering!
