Human Resource Development ministry clarifies that the proposed IIM Council will not have powers to override Indian Institutes Management. According to report, the ministry has set aside all fears that a new law will erode the autonomy of the premier B-schools.
Talking to media, Education Secretary - Ashok Thakur said, The proposed Council will be a co-coordinating body. It will serve as a forum for discussions. It will not have powers like the IIT Council, which has real powers." "It will not be a body that will thrust their decisions down each of the institutes. Each IIM will continue to be autonomous," he said.
There had been considerable concern about the nature of the proposed overarching body, IIM Council, proposed in the draft IIM Bill.
According to report, the proposed overarching body, IIM Council, proposed in the draft IIM Bill, will be finalised after Human Resource Development Minister MM Pallam Raju meets with the chairmen and directors of the IIMs in Kozhikode next month. The education secretary also said there was consensus among the IIMs on the nature of the proposed council.
The MHRD official informed that a committee comprising IIM directors and chairman, and ministry officials has been working on drafting a legislation that would allow the IIMs to become degree-granting institutions. He said the committee has met three or four times, and is likely to meet with the minister once again before the meeting in Kozhikode.