IIT Chennai, with a funding of Rs. 100 crores for 5000 students and 400 teachers is one of the key factors that make this institution a great success. The other factor as the Open Page article "IIT Models have to be replicated" in The Hindu today correctly argues is the total autonomy.
As one of the strategists at a recent exchange of ideas in Yale University sessions (I was lucky to hear through a podcast) mentioned it is the Autonomous status of the universities of USA which gives it the cutting edge in innovation. The panelist went to the extent of arguing that this is one of the key factors which make the USA super power; you destroy this autonomy and USA may loose its special status as the lone Super Power.
We have two great advantages. We are a living democracy and we have the demography in our favour. India Inc or the governments or the Alumini of these institutions must wake up to this fundamental reality and initiate urgent steps to release the second tier institutions from excessive controls.
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