The biggest hurdle to attracting talent is poor pay. Despite IIM-B being an autonomous institute, it has to adhere to salary specifications laid down by the Pay Commission. This means that though the institute pays salaries from its own funds, the HRD ministry decides what the amount is.
But students' parents are worried they may have to pay higher fees.
http://www.ibnlive.com/news/pay-panel-recommends-big-salary-hike-for-teachers/75563-3.html
Sureesh Mehta says he expected the Govt report in 15 days.
http://www.ibnlive.com/news/no-govt-gag-navy-chief-comes-clean-on-pay-panel-report/75144-3.html
The Armed forces won a major battle against the Government.
http://www.ibnlive.com/news/ftn-defence-forces-wage-war-for-wages/74857-3.html
Defence Minister insists salary controversy over.
http://www.ibnlive.com/news/govt-bends-armed-forces-win-fight-for-fair-salaries/74774-3.html
A truce brokered by Pranab Mukherjee seems to have broken down.
http://www.ibnlive.com/news/govt-army-battle-it-out-over-new-pay-scale/74739-3.html
The discontent in the military over pay panel deal becomes a political issue.
http://www.ibnlive.com/news/bjp-wages-new-war-says-soldiers-deserve-more/74561-3.html
Govt has set up a ministerial committee to look into the matter.
http://www.ibnlive.com/news/accept-pay-deal-get-grievances-heard-govt-to-forces/74515-3.html
Main objection is against lowering of the pay band for Lt Col and equivalent ranks.
http://www.ibnlive.com/news/defence-chiefs-take-their-pay-grudge-to-pm/72944-3.html
Armed forces will get a shot in the arm with the latest pay commission.
http://www.ibnlive.com/news/50-lakh-employees-to-benefit-from-sixth-pay-panel/72627-3.html
The move comes six months after Sixth Pay Commission submitted its report.
http://www.ibnlive.com/news/iday-bonanza-for-central-govt-employees-21-pc-pay-hike/71246-3.html
The pay commission's report was given to Finance Minister on March 24.
http://www.ibnlive.com/news/pay-hike-for-soldiers-but-will-it-woo-young-guns/71245-3.html
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