The HRD ministry is likely to introduce the Bill, proposed under the UPA-era
The Narendra Modi government is finally ready with a Bill empowering the 13 Indian Institutes of Management (IIM) to award degrees to students instead of diplomas.
New Delhi: The Narendra Modi government is finally ready with a Bill empowering the 13 Indian Institutes of Management (IIM) to award degrees to students instead of diplomas. The HRD ministry is likely to introduce the Bill, proposed under the UPA-era, in Parliament during the Monsoon Session. Sources in the HRD ministry stated that the Bill has been vetted by the law ministry.
The proposed legislation will make the IIMs institutes of national importance and confer degree granting powers. Currently, the IIMs are run by registered societies and award post-graduate diplomas at the end of their two-year programmes instead of an MBA.
The proposed legislation aims to confer the IIMs with the status of institutes of national importance empowering them to award degrees instead of diplomas. It also proposes the establishment of an IIM Council similar to the council for the IITs. The legislation is expected to benefit graduates applying abroad for research opportunities and may also help IIMs gain global recognition and attract more foreign students.
( Source : dc )
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