IIMs will get national importance status

IIM

As per news, The Indian Institutes of Management (IIMs) will soon be granted the status of institute of national importance.

Moreover, a bill in this regard will be introduced, according to a written communication from Human Resource Development (HRD) Minister Smriti Irani to the Lok Sabha.

The first draft of this bill has been drawn on the basis of the inputs of the stakeholders. The HRD Minister says that as soon as the bill is approved by the Union Minister, the bill will be introduced.

The Union Budget 2014, presented by the Finance Minister Arun Jaitley on July 10, 2014, has allocations for six new IIMs to be established in Andhra Pradesh, Himachal Pradesh, Bihar, Maharashtra, Punjab and Odisha. IIM, Indore has asked candidates aspiring to appear for the Common Admission Test 2014 (CAT 2014) to apply for 19 IIMs that includes the six new IIMs, which are expected to be set up in the aforementioned states.

Not only IIMs, four Indian Institutes of Information Technology (IIITs) may also attain the status of institution of national importance with the power to grant degrees, as per a bill which has been passed in the Lok Sabha. The four IIITs mentioned in the bill are IIIT Allahabad, IIIT Design & Manufacturing Jabalpur, IIIT Gwalior and IIIT Design & Manufacturing Kancheepuram.

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