LS passes bill to give IIMs autonomy

The Lok Sabha passed the Indian Institutes of Management Bill, 2017, giving statutory powers to the B-schools in their running, including appointment of directors, faculty members, and enabling them to award degrees instead of postgraduate diplomas.

The bill seeks to declare the IIMs as institutes of national importance and abolish the post of `Visitor'. Currently, the President is the `Visitor' of the IIMs. By ushering in functional autonomy in the IIMs by restricting the government's role, the legislation also has provisions for appointment of members of the board of governors in each of the 20 institutes through a transparent process, while limiting even the role of the ministry of human resource development.The bill will now go to the Rajya Sabha for consideration and passing.

Moving the bill on Friday , Prakash Javadekar said its aim is to remove government interference in IIMs. He said the proposed legislation will usher in a new era of freedom in the IIMs which will not be required to go to the government for various permissions and clearances.

Praising the bill, Congress leader Shashi Tharoor said it was a “remarkable moment when a minister surrenders (his) powers“. He said other ministers in the government should draw inspiration from Javadekar in doing so.

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