Lok Sabha approves bill that gives Centre more say in IIMs
Hindustan TimesThe Lok Sabha on Friday passed a bill that seeks to make the President of India “Visitor” at all Indian Institutes of Management, even as a few Opposition members raised concerns that the legislation could limit the autonomy of India’s premier business schools. Lok Sabha The Indian Institutes of Management bill 2023 – which seeks to make amendments in the 2017 IIM Act – empowers the “Visitor” to nominate the chairperson of the board of governors, oversee appointment as well as removal of directors, and audit the functioning of the institutes. Replying to the debate on the bill, Pradhan said the government has brought the legislation to ensure “management accountability” of IIMs and also asserted that it has “no intention of interfering with their autonomy”. IIM-Raipur Director Ram Kumar Kakani said, “The proposed legislation intends to bestow extra obligations on to the Hon’ble President of India, one of which will be to serve as a visitor at all Indian Institutes of Management.