NEW DELHI: Govt on Monday introduced Indian Institutes of Management (Amendment) Bill, 2025, in Lok Sabha to include IIM-Guwahati in the schedule of IIM Act, 2017, thereby conferring on it the status of an institution of national importance.The proposed law stems from a Memorandum of Settlement signed by Centre, Assam govt and representatives of Ulfa for the state’s all-round development. Education minister Dharmendra Pradhan moved the bill amid opposition protests over SIR of electoral rolls in Bihar. The amendment provides that from its commencement, “all provisions of this Act shall apply to IIM-Guwahati”. Until a formal board is constituted, all powers will vest in a person or body appointed by Centre.The bill also makes financial commitments, with the institute to receive a corpus fund of Rs 555 crore for five years (2025-26 to 2029-30). Govt expects that by the end of such period, IIM-Guwahati “shall be generating enough revenue through its own internal accruals”.
Bill in LS to tag IIM-G ‘institute of national importance’ | India News
Date:
 Bill, 2025, in Lok Sabha to grant IIM-Guwahati the status of an institution){kind=link}
More like thisRelated
Girija Oak opens up on the impact of her parents’ divorce while she was growing up and seeking therapy for the same: ‘When a...
Internet sensation Girija Oak, set to star in...
‘Safran India revenue will triple to exceed 3 billion euros by 2030′: CEO Olivier Andriès
NEW DELHI: French multinational aerospace &, defence...
IND vs SA: Team India suffers third home Test series whitewash – A look at the list | Cricket News
South Africa completed a historic and dominant tour...
Meezaan Jafri: ‘Dad smashed it in 3 Shaukk in De De Pyaar De 2’ |
In a heartfelt revelation, Meezaan Jafri discusses the...