Education
IIMs in India can now award degrees instead of diplomas
New Delhi: The Indian Institutes of Management (IIMs) in the country have got more autonomy in their functioning with restricted government’s role in their functioning and power to award degrees instead of diplomas to their graduates, according to a new law.
President Ram Nath Kovind has given assent to the Indian Institutes of Management Bill, 2017, yesterday, and it has now become a law.
The new law-which was passed in the Lok Sabha in July, 2017 and by Rajya Sabha on December 19th-grants statutory powers to the IIMs in their running, including the appointment of directors and faculty members.
The Indian Institute of Management Act, 2017, gives the IIMs powers to award degrees instead of postgraduate diplomas.
IIMs in country can now award degree instead of diplomas:
“The bill offers autonomy to these institutes. Through this bill we will remove all interference of the government, bureaucracy in the functioning of the IIMs. They will themselves decide how to manage and run these premier institutes,” HRD Minister Prakash Javadekar had said while initiating a discussion on Rajya Sabha last month.
As per the provisions of the Act, the Board of Governors of each institute shall be the principal executive body comprising up to 19 members.
It will consist a chairperson from amongst eminent persons distinguished in the field of industry or education or science or technology or management or public administration, to be appointed by the board; one nominee of the central government having charge of the management education or his representative and a nominee of the respective state government or representative of such nominees, within whose territorial jurisdiction the institute is located.
The Board of Governors will appoint the Director of each IIM, who will be the Chief Executive Officer of the institute.
Haryana Chief Secretary Sanjeev Kaushal shared that the construction work of six nursing colleges in the state will be completed soon and classes will commence in the month of July. Not only this, the new building of the National Institute of Fashion Technology, Panchkula has also completed its construction work.
Adding on to this, he shared that, till now, the classes are being held in another building, the chief secretary said while presiding over the review meeting of development projects worth more than Rs 100 crore here.
CHIEF SECRETARY REVIEWED MAJOR PROJECTS
The Chief Secretary reviewed several major projects, including power, health, medical, and technical education in the state, and directed the concerned officials to complete them within the stipulated time period.
COLLEGES UNDER CONSTRUCTION
He said that the construction of nursing colleges in Dherdu village of Kaithal, Khedi Ram Nagar village of Kurukshetra, Kheranwali village of Panchkula, Aura and Dayalpur village of Faridabad, and Sadatpur village of Rewari is under construction.
The construction work of Medical college in Koriawas in Narnaul, Medical College at Jind, Bhiwani, and Dental College at Nalhar is being completed at a fast pace. The work of the second phase of Kalpana Chawla Medical College is also undergoing.
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