Iim Bill

As both houses pass IIM (Amendment) Bill, here's a look at major changes

The Bill grants the President the role of Visitor to the Indian Institutes of Management (IIMs), bestowing upon the office powers to audit their functioning, order investigations

Lok Sabha passes Bill to empower President with management of IIMs

The Lok Sabha Friday passed a Bill seeking to entrust the management accountability of the IIMs with the President, who will be a Visitor and have powers to audit their functioning, remove directors and nominate a member in the selection committee. Piloting the Indian Institutes of Management (Amendment) Bill, 2023, in the Lower House, Education Minister Dharmendra Pradhan said the government has no intention to take away the academic accountability from the institute but the Bill will only ensure its management accountability as the Centre has spent over Rs 6,000 crore in setting up the IIMs. Under the existing dispensation, the President of India is also a visitor at IITs and NITs, but no questions are being raised on the academic autonomy of these institutes, Pradhan said. The Bill, which was introduced on July 28, was passed by the Lower House by a voice vote amid disruptions by opposition members over the recent violence in Manipur. According to the Bill, which seeks to amend

IIM amendment bill proposing power to Prez triggers autonomy debate

A new amendment bill of the Centre that proposes the President will be Visitor to the Indian Institutes of Management (IIMs) with powers to audit their functioning, order probes and appoint as well as remove directors, has triggered an "autonomy" debate for the prestigious B-schools. The bill to amend the IIM Act of 2017 was introduced in Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence. While the Congress has alleged that PMO wants to maintain the tightest possible control and ensure "ideological purity", the IIMs are concerned about the amendment taking away their autonomy rather than just fixing accountability. "IIMs were given greater autonomy in 2017 and the legislation had wide support in Parliament. But six years later the Modi government is undoing what it itself had introduced. Clearly, autonomy is unwelcome for this government," Congress General Secretary and MP Jairam Ramesh said. "The PMO now wants to maintain the tightest possible

With Cabinet nod, IIMs can now award degrees

Cabinet approved the IIM Bill 2017

After Prez's nod, IIMs get set to offer degrees under Act

With the President's assent to the IIM Bill having come as a New Year surprise, the IIMs have initiated talks within themselves and with MHRD on the Act. However, IIMs are of the view that the Act is not yet operational until rules framed by MHRD, and regulations formulated by respective IIM Boards are placed in Parliament for approval. "Technically, the Bill is not yet operational until rules are framed by the Ministry of HRD, and regulations are formulated by the respective IIM Boards, and to be placed in Parliament for their approval. We are in the process of finalizing our regulations," said G Raghuram, director of IIM Bangalore.Moreover, given the expedited assent by President, IIMs are also seeking clarity on whether the changes need to be incorporated in the ongoing academic session or not."We thought this (President's assent) was going to take some time. Most of us are unprepared. Hence, it will take some time in terms of formation of rules and regulations. We are going to ...

IIM autonomy closer as Lok Sabha clears Bill, right to award degrees likely

The Lok Sabha on Friday passed the the Indian Institute of Management (IIM) Bill, aiming to give 20 IIMs more autonomy and reducing the scope for government interference. The IIMs would, when the Bill passes the Rajya Sabha, too, and then get Presidential assent, become institutes of national importance and given the authority to grant degrees, on the lines of Indian Institutes of Technology (IITs). Currently, the IIMs are bodies registered under the Societies Act and not authorised to award degrees. They were awarding a postgraduate diploma and fellow programmes in management. These were treated as equivalent to MBAs and PhDs, respectively; however, this equivalence was not universally acceptable. "I am delighted. I hope the Rajya Sabha passes it and the President gives his assent. The onus now lies on the leadership of the IIMs to take advantage of the autonomy that has been offered to truly become world-class. We need to strive better than before," IIM-Ahmedabad director Ashish ...

Top B-schools brainstorm fallout of IIM Bill

Over 50 management institutes met in Delhi to discuss strategy

Ahead of IIM Bill, other B-schools offering PGDM seek parity

To meet this week on representation to HRD ministry for degree granting power, autonomy

IIM Bill likely to be passed by Parliament after recess: Javadekar

As per the bill, IIMs would be declared 'institutions of national importance'

IIM Bill in Lok Sabha; premier B-schools await clarity

Bill will provide IIMs power to grant degrees by terming them as institutes of national importance

IIM Bill tabled in Lok Sabha

As per the Bill, IIMs would be declared 'institutions of national importance'

IIM Bill to ensure uniformity across boards

IIMs have not taken a look at the draft, which is yet to be presented in Parliament