View of IIMA Prof on admission to Overseas candidates

I was distressed after I read this article in rediff on IIMA Overseas admissions.

http://inhome.rediff.com/money/2007/may/28iim.htm

The admission count is in single digits for folks who try the GMAT route....thats not very encouraging to apply.

But what made me boil was the reasons the Prof. has stated.
- "Quality" will decrease - BS ! Most of the folks who apply have GMAT Score in excess of 750 (99th %) which is as good as the top scores in CAT .
Besides, the quality of class discussions is enhanced so much when you have folks with significant industry experience who can cite relevant experiences to prove for or against a certain view.
Folks with no experience may not appreciate/relate the discussion going on and therefore can not contribute to the class discussions.
"Face backlash from the country" - Yes. So what are you going to do about it ? Why dont the IIMs increase the class strength to accomodate more students from abroad ? Or Start a 1 year PG program with average exp of 3-5 years and not 10-15 years like the PGPX is doing.

I guess this is the plight of institutions under Govt. control.
Meanwhile more and more private schools (like ISB, XLRI,SPJ) will open 1 year PG programs and take the experience and bright students from abroad. Obviously industry would look up to such schools as the graduates will already have significant experience and can contribute from Day 1 on their job.