Did IIM Rohtak director receive ₹3.2 crore variable payout? Govt flags ’amount more than salary’
Dheeraj Sharma, the director of IIM Rohtak, has allegedly received significantly more variable pay than his salary and the government has written to the institution seeking a response while flagging objections from its Internal Audit Wing (IAW). According to the Indian Express report, the Ministry of Education (MoE) has flagged objections of its IAW about ₹3.2 crore variable pay paid to Sharma for the period of three years. The institute paid the amount for 2018-19, 2019-20 and 2020-21. The probe by the IAW found that the amount paid to Sharma, who is reportedly facing scrutiny for allegedly misrepresenting his educational qualifications, is significantly more and the procedure adopted for making payment of variable pay is ‘void’. In its report to the ministry, the IAW noted that variable pay is more than 200% of the Director’s total emoluments, when any system allows variable pay to be a percentage of a person’s total emoluments. President Droupadi Murmu, in her capacity as visitor of all IIMs, had received a set of complaints. Following that, those complaints were forwarded …