Prof. P.V. Indiresan's Bold Idea
Date: 6/16/2012 4:27:00 AM
Quotas are bad, bad, bad, except for the rich and powerful.
... in the past week, I had come to the conclusion that the youth from rich and powerful families too have their own rights. Whether we like it or not, they will have enormous influence over how the economy will grow.
The former US President, Mr George Bush, was admitted to Yale not because he was brilliant, but because he was the son of another former US President.
Such youth need good education, particularly, good Indian education. Hence, I suggest that the IITs apply the Pareto criterion — reserve 20 per cent of seats for the very rich or powerful after charging them 80 per cent of the costs. The other 80 per cent should be selected on the basis of merit — as decided by the faculty — and get charged only 20 per cent of the costs. [Bold emphasis added]
That this stuff comes after some muddle about ownership of IITs is also revealing. I looked for sarcasm alerts around this latest brain wave, but couldn't find any.