March 16, 2026 05:21 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
ECI orders major reshuffle in Bengal police brass a day after poll announcement | 10 patients killed in fire at SCB Medical College Hospital in Cuttack; staff injured | ECI cracks whip in Bengal: Chief Secretary, Home Secretary removed hours after poll announcement | Flights suspended! Suspected drone attack close to Dubai International Airport triggers fire, no injury | ‘Fight to save Bengal’s soul’: Modi launches blistering attack on TMC at Kolkata rally | ‘Fight to save Bengal’s soul’: Modi launches blistering attack on TMC at Kolkata rally | Trump claims US ‘totally obliterated’ military targets on Iran’s Kharg Island | Climate activist Sonam Wangchuk set to walk free after nearly six months of detention | BJP-TMC clash near Bengal minister’s home in Kolkata ahead of Modi’s Brigade rally | 'Nobody will hire them': Supreme Court says menstrual leave would backfire, hurt women's careers

IIMs to be declared as Institutions of National Importance

| | Jan 25, 2017, at 12:31 am
New Delhi, Jan 24 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Tuesday approved the Indian Institute of Management(IIM) Bill, 2017, under which the IIMswould be declared as Institutions of National Importance which will enable them togrant degrees to their students.

The Bill provides for complete autonomy to the Institutions, combined with adequate accountability.

A greater participation of experts and alumni in the Board is amongst otherimportant features of the Bill.

The Bill also provides for periodic review of the performance of Institutions by independent agencies, and placing the results of the same on public domain.

Indian Institutes of Management are the country's premier institutions imparting best quality education in management on globally benchmarked processes of education and training in management.

IIMs are recognized as world-class management Institutions and Centers of Excellence and have brought laurels to the country. All IIMs are separate autonomous bodies registered under the Societies Act.

Being societies, IIMs are not authorized to award degrees and, hence, they have been awarding Post Graduate Diploma and Fellow Programme in Management.

While these awards are treated as equivalent to MBAs and Ph.D, respectively, the equivalence is not universally acceptable, especially for the Fellow Programme.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.