Sunday, June 04, 2006

I am being discriminated against

The reservation debate is increasingly getting muddled, with absolutely no concrete solutions coming out. Pratap Bhanu Mehta was bang on when he said on NDTV yesterday there is no space for experimentation with new ideas and policies. To have that, people on both sides of the divide should be atleast tolerant and hear out each other. As was witnessed in the studios of many TV channels over the past month shouting at each other was all that was acheived. We are getting less and less tolerant on many issues any ways.

But according to me both sides are harping over the wrong issue. My basic point is why the hell in the first place higher education should be state owned and subsidized.

I am a MBA from a very ordinary college and could not get into IIMs because i wasn't good enough. Fair enough, i am not complaining. But why the hell should i pay for the education of a person who is infinitely more intelligent than me and capable of earning 10 times more money than me when he gets out in the job market. Anybody who thinks institutes of higher education like IIM and IITs should be subsidized because they serve greater public good live in a socialisitc fools paradise.

You might argue if its not subsidized and horror of horrors privatized, the cost of education will go up and hence most cannot afford. Wrong again. If the government stops funding these holy cows it will free according to some estimates a huge 10,000 crores per year. Invest that in better schools in rural areas, better teachers and better credit facility to support a child at the ground level and and suddenly you see not 40 lac but 400 lac children wanting to get higher education. And common sense and free markets say due to increased demand, institutes whether private or public will have to expand capacity (supply) and give quality at competitive prices or else go out of business.

My problem with this debate is both sides are harping on wrong issue. And its me who is discriminated against because i am being made to pay my hard earned money to fund someone more capable than me. Now that in my book is discrimination

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