Backwaters to Boardroom
Dr Rama Iyer
Financial management of yesteryear
Money stretched more those days, reminisces Dr Rama Iyer in Backwaters to Boardroom, while talking about his experience in IIT-Bombay in the early 1960s. “The scholarship I received was a princely sum of Rs 150 per month… I spent Rs 60 for food, Rs 10 for room rent and Rs 10 on monthly fees,” he recounts.