Being an MBA graduate with a PhD, Ravichandran who handles classes for MBA students at Madurai Kamaraj University in Tamil Nadu, says he earns Rs 40,000 per month after 20 years of experience. "But my student who did an MBA course last year, already earns about Rs 10,000 more than me", he says. He said only 5 per cent graduates from these streams opt for teaching.
The above are the excerpts from an article by the same title in today's New Indian Express:
(for the full article, click on
http://www.newindpress.co...)
Now, why should this be? One possible reason is that these government institutions are supposed to follow the UGC norms of pay scales, which do not generally reflect the market situation. All in all, the staid old approaches of agencies like UGC, AICTE, Medical Council of India, etc are causing serious damage to our education system, very much as stated by the Knowledge Commission. If there is any more delay in pursuing reforms as recommended by the Knowledge Commission, instead of the country emerging as the knowledge capital of the world, brain-drain in many new ways are inevitable.
Karnataka should pioneer these reforms. And, this could be a challenge before the new government.
Muralidhar Rao
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Comments
Market reforms
Well, there is no free lunch in the world, and even if our beloved mannina maga, Shri Deve Gowdaru promises, no free raagi mudde lunch also!
If institutions want better teachers, let them pay them. If students wants good teachers, let the students pay higher fees. Take student loans for higher education and let our taxes subsidise only primary education, which is actually underfunded compared to higher education in india.
In US and other developed economies, the starting salary for assistant professors is about the same as that of entry level positions in the private sector.