Proposed IIM Bill 2015 seeks to grant statutory status and award degrees
GN Bureau | June 15, 2015
The people of India have time till June 24, 2015, to suggest changes and express their views on the proposed IIM Bill 2015 that seeks to grant statutory status to thirteen existing Indian Institutes of Management (IIMs).
The government wants to declare them as institutions of national importance, to enable them to grant degrees to their students. The 13 IIMs are at Ahmedabad, Kolkata, Bengaluru, Lucknow, Indore, Kozhikode, Shillong, Raipur, Ranchi, Rohtak, Kashipur, Tiruchirapalli and Udaipur
The proposed bill is also looking at the issue of making IIMs education relevant to the global standards. Currently, these Institutions could award only certificate, post graduate diploma and fellow programme in management certificate, which lacked universal acceptability in the field of academia and research.
The government feels that some of these issues are affecting recruitment and suitable placements in job market.
In fact, the fellow programme in management (equivalent to Ph.D), without the formal degree stamp, has not been able to attract talented students and this in turn is showing in lack of research in the field of management education. This also means shortage of quality of teaching faculty.
Meanwhile, hundreds of alumni members and students of these prestigious business schools have petitioned prime minister Narendra Modi to make changes in the criteria for awarding of MBA degrees in the country.
To ensure that the degrees awarded to IIM students are at par with the global standards, they have said that masters in business administration (MBA) degree should be given only for one-year programmes and the two-year courses should be for the masters in business management (MBM).
The petition made through 'oneyearMBA.co.in' asks the government to "ensure that MBA degree at IIMs is awarded to one-year MBA while MBM degrees is awarded to two-year post graduate programmes".
The petitioners have said that continuing to award MBA degrees for two-year programmes would have multiple negative ramifications including on the competitiveness of IIMs.
"If the IIMs now award an MBA for a course that does not meet international criteria for being called one, they will be compromising their credibility," the petition said.
The last date to share your views is June, 24, 2015: Click here
The Bill: Click Here
To ensure bigger access to farm produce and provide new markets with quick transportation and subsidy at 50%, the Kisan Rail has been bringing prosperity, joy, and hope to farmers of Maharashtra. On November 28, the Central Railway ran its 800th trip of Kisan Rail from Sangola to Muzaffarpur.
The looming threat of the new Covid strain B.1.1.529, known as Omicron, has pushed the Brihanmumbai Municipal Corporation (BMC) to postpone the reopening of schools for classes 1-7 to December 15. Earlier, these classes were scheduled to reopen from December 1. The education department of t
Source: PTI As many as 4 greenfield industrial smart cities or nodes are being built under Delhi-Mumbai Industrial Co
The Minister of State, Ministry of Housing and Urban Affairs(MoHUA), Kaushal Kishore recently shared information in the Rajya Sabha, stating the central government successfully completed 3000 smart cities projects
An official release by the Government of India recently extended the tenure by six months for Chief Secretary, Andhra Pradesh, Sameer Sharma from December 1, 2021. A 1985 batch, senior IAS officer, Sharma w
The Government of India led by the Prime Minister Narendra Modi, sanctioned empanelment of nine officers from IAS, IRSS, ISS and IRTS cadre for Joint Secretary or equivalent position in the Centre.