Even as the controversy over IIM fee cut continues to rage, Indian Institute of Management, Indore said on Monday that it supported government's move.
A decision to this effect was taken considering the government's assurance that no institution would be allowed to suffer because of paucity of funds, sources said.
The IIM Controversy: Complete Coverage
A resolution passed at a board meeting of the IIM-Indore also recognised that the government has the authority and prerogative to take a decision regarding fees to be charged from students in centrally-funded institutions, the sources said.
The meeting, however, said that this was, however, subject to the public interest litigation pending before the Supreme Court, the sources added.
Last week, IIM-Lucknow extended its support to the controversial move.
