With reference to “I(I)T’s back to coaching (Business Line, June 30), the concern on the mindless hijacking of the HRD Minister's CET for IITs is commendable and raises a crucial issue . The shouting brigade of the IITs that oppose the CET is selective in its sloganeering. Its perception on ‘brand IIT’ is totally misplaced. Is not opening new IITs and IIMs for political reasons not diluting quality?

Where were the anti-CET voices when this mass IIT/IIM franchising was happening? Assuming that they are genuinely concerned, what is their response to the falling research productivity at IITs/IIMs? More questions like these will not fetch answers from these self-styled ‘quality protectors’. The move towards CET should be welcomed and cannot be hijacked in the name of exclusivity when the last 60 years of such exclusivity had not benefited the country, but exported to benefit ‘others’. In fact, Mr Sibal must move forward and also propose a similar common CET for the B-schools too. The time has come to shed the ivory-tower image of IITs/IIMs, which are currently creating private good at public cost.

S. Vaidhyasubramaniam

Thanjavur

Regulating banks

This refers to “Tweak financial regulation” ( Business Line , June 30). The financial system is well guarded by proper regulators. But the implementation of laws is delayed. It is good to have a mix of public and private sector banks, but most of the private banks are not transparent in their functioning.

Audit reports of banks should be scrutinised periodically and banks that deviate from the regulations should be punished.

Vedula Krishna

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