oppn parties Reconsider the Need for an IIM Act

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  • For the first time in history, Darjeeling loses first flush tea due to suspension of garden work for Covid-19 outbreak
  • Supreme Court asks journalists to be responsible and publish only the official version of news after it was brought to its notice that migrant exodus started after the 'fake' news that the lockdown will be extended to three months
  • Small saving rates slashed by the government by 140 basis points
  • The Centre says that the exodus of the migrants was stopped to save villages and prevent community transmission
  • The Centre says March 31 will remain the closing date for FY 2019-2020 and no change will be made for Covid-19 disruption
  • Tablighi Jamaat fiasco puts several states on high alert, attendees and their contacts being traced
  • Stock markets recover on the last day of the financial year, but the sentiment remains weak
  • The government says Covid-19 is still in local transmission stage in India
  • Government scotches rumours of extending the lockdown beyond April14. Says no such plan
  • Centre asks states to give shelter and food to migrant workers to stop them from taking to the streets
  • RBI cuts repo rate by 75 bps, the steepest in 10 years
  • Centre writes to states regarding laxity in monitoring people who had arrived from abroad between January and March
  • Kerala reports a spurt in new cases
  • With 124 fresh cases on Friday, the number of reported cases in India stand at 854
  • Five of a family, including a 9-month-old-baby test positive for Covid-19 in Nadia district in West Bengal on Friday
Total count stands ar 3082 as India records 16 Covid-19 deaths, the highest in a single day
oppn parties
Reconsider the Need for an IIM Act

By Sunil Garodia
First publised on 2016-08-03 12:32:54

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Writes for a number of publications.
Former HRD minister Smriti Irani had created a huge controversy with her version of the Indian Institute of Management (IIM) Bill which sought to end the independence of the premier business schools in the country by inserting a clause that mandated for the President to appoint the top management of each of the institutes on the advice of the government. It was seen as a direct interference in the working of the centres of learning excellence. At that time, there were differences between Irani and the PMO and the draft bill was put on hold.

Her successor in the ministry, Prakash Javadekar, has dropped the contentious clause and the said top appointments will now be made by the board of governors of the individual institutes. Javadekar’s draft also provides for a coordination council for all existing (13) and proposed (5) IIM’s which will include government representatives. But he has diluted the power of the council by making their suggestions non-binding as opposed to Irani’s draft which made the suggestions binding. This is excellent news for the IIM’s.

But the very need for the IIM Act should be reconsidered by Javadekar and the PMO. For, the act will mean that the IIM’s will have to set aside seats for reservation quotas, both for student admissions and faculty. As centres of learning excellence that have been running without controversy and have been producing excellent business leaders, the IIM’s should be allowed to function on the basis of meritocracy.