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September 25, 1998

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Joshi talks of new B-school with Harvard ties

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Maharashtra Chief Minister Manohar Joshi says his government is trying to set up a business school in the state in collaboration with the famed Harvard Business School, having lost the Indian School of Business to Andhra Pradesh. The ISB has a collaboration with Wharton School of the United States.

Speaking to reporters in Pune on Thursday evening, Joshi said the Hindujas have offered their help in the new initiative. "What is the need for such a hue and cry over the ISB project that went to Andhra Pradesh?" the chief minister asked and added, "There are other equally important institutions and we will have a better one.''

Joshi said he made all the efforts to get the ISB to Maharashtra for which he even scaled down his earlier demand for a ten per cent reservation for students from the state and even cut down the price of land. However, the industrialists behind the project preferred Andhra Pradesh.

Asked why, Joshi said the only consideration probably was the free land offered by Andhra Pradesh Chief Minister Nara Chandrababu Naidu.

UNI

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