IIM Rohtak Fees: CAG Audit Reveals Major Flaws
The CAG audit report has raised serious questions about IIM Rohtak's fee structure and governance. The institute faces criticism for high fees, poor financial planning, and irregular director payments.
The recent CAG audit report has raised serious questions about the way IIM Rohtak handles its fees and overall administration.
Once known as one of the best places for management education, the institute now faces criticism for many lapses.
IIM Rohtak Recruitment: Overview
| Authority / Board | IIM Rohtak |
|---|---|
| Vacancy/Post Name | Management Education |
| Advt No. / Cycle | N/A |
| Selection Process | N/A |
| Official Website | iimrohtak.ac.in |
Important Findings
The CAG audit found that IIM Rohtak never made an annual budget to estimate its revenue and expenditure.
This is a basic tool for any financial planning.
Because there was no proper assessment of money needs, the institute ended up with a very high fee structure.
Governance Issues
The CAG audit into IIM Rohtak fees covered financial records from 2009-10 to 2023-24 and operational data from 2019-20 to 2024-25.
In the establishment part of the report, the CAG called these problems “systematic violations of financial and governance norms.”
The report also spoke about weak internal controls, poor documentation, and a general lack of rule following.
Frequently Asked Questions
Q: What is the main issue with IIM Rohtak's fee structure?
A: The main issue is that the institute never made an annual budget to estimate its revenue and expenditure, leading to a very high fee structure.
Q: What did the CAG audit report find about IIM Rohtak's governance?
A: The report found systematic violations of financial and governance norms, including weak internal controls, poor documentation, and a general lack of rule following.
Q: What action has been taken regarding the institute's director pay?
A: The ministry of Education has agreed that there was no proper regulation or paperwork for variable pay, and all such payments made between 2018-19 and 2024-25 should be recovered.
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