For: Why does one have to subisdise a guy who is going to earn a least Rs 10 lakhs plus per annum?

As a student from an IIM I wholeheartedly accept that there should be some way for us to repay back.

In the first place why does the government have to subsidise it? Students from these institutions can get loans easily, which they can repay later. Further, there are scholarships for the economically weak.

Why does one have to subisdies a guy who is going to earn a least Rs 10 lakh-plus per annum?

The government can use these funds to run a school in a village. The amount used to subsidise each IIM student can be used to run a school for a year in each village.

Let us see what happens in the future. Hope they don't repeat the mistake that the previous NDA government tried, to further subsidise them, to reduce the fees to Rs.30,000.

Anonymous

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Against: Let us not make the intellectual property of an individual taxable

It will be one the darkest day in the history of modern India. The state has all the duty to provide quality educations to every one and if some one who by his specially cultivated skills (yes studies are more to do with skills rather than IQ), goes to IIT or IIM, and then we pounce on him and Tax him.

We should not forget that only these IITian and Management people have worked hard outside and have made this country a leading powerhouse in the IT and Management world. They have led from the front and overcome the lethargic bureaucratic regime prevailing in the country. They have brought wealth not only in terms of money but also in terms of prestige, better working culture and environment.

There are crores and crores of rupees siphoned off by corrupt people in our country. Nobody is bothered about them. No tax or penalty for them. Who does not know how much money political parties spend for underhand dealings/briberies for elections etc? Judiciary is choked with pending cases. Law enforcing agencies lack proper leadership.

We had pledged our Gold reserve to Bank of England [Images]. When service sector was booming tax was imposed and now the Education tax. Let us not make the intellectual property of an individual taxable. Let them grow in an open and free environment.

We should be rest assured that they would be playing larger roles in the poverty alleviations of the country. Jai Hind.

Anonymous

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