Command and control

Changes in the law will affect IIMs' autonomy

Last week, the Lok Sabha passed The Indian Institute of Management (Amendment) Bill, 2023. This Bill proposes significant changes, which will curtail the autonomy of the Indian Institutes of Management (IIMs) and reverse the government’s policy in this regard. The existing law mandated the board of governors (BoG) to appoint the director of an IIM, based on the recommendations of a search-cum-selection committee. But the changes in the law would now necessitate the BoG to take approval from the “visitor”. According to the Bill, the President of India will be the visitor to the institutes covered under the law. Further,