Wanted to talk about 4 points. 1) "The taxpayer’s money will be put to better use if the seven new IIMs that the Prime Minister has recently declared are set up near industry hubs." - Except IIM Calcutta, which IIM was set up in an industrial hub? Ahmedabad and Bangalore were probably slightly bigger than Calicut when the IIMs were set up there. 2) "Setting up a B-school in a remote place helps nobody except the contractors of that area." - Calicut is not a remote place. The airport is the busiest in the state. Trade from Calicut to european countries has been going on for more than 500 years. Property rates in the city have shot up in the last 1 year, ever since IIMK got involved in the IT Initiative. All the top recruiters in the country visited IIMK last year, and the average salary at Rs. 12.8 LPA (which was again wrongly reported in the media) was 4th highest in the country after IIMA, B and C. 3) "It’s not like an industry which will suddenly generate jobs in the area." - If the author had looked around the IIMK kampus, he would have seen the hundreds of locals who working there. Kunnamangalam town has benefitted because of retail and service opportunities. ICICI Bank opened up a branch just outside the kampus and Canara Bank will be doing so shortly. If this is not employment generation, then what is? 4) "Even local students are not benefited, as admission is only on the basis of merit." - Even RECs were upgraded to NITs. When there are enough private colleges around, what is the need for region based reservation at institutions of national importance?