oppn parties Reconsider the Need for an IIM Act

News Snippets

  • Crude prices fall sharply as Saudi Arabia assures normal production in a few weeks. Prices fall by 5.4% to $65.30 per barrel
  • Sensex tumbles 700 points over fears that rising crude prices will deal a body blow to the tottering Indian economy
  • As Rajeev Kumar fails to appear before the CBI despite several notices, the agency forms a special team to locate and apprehend him
  • S Jaishankar says Pakistan is not a normal neighbour and its behaviour is a "set of aberrations"
  • External Affairs Minister S Jaishankar says PoK in Indian territory and the country hopes to have physical jurisdiction over it one day
  • Barasat Sessions court near Kolkata rejects Rajeev Kumar anticipatory bail application citing lack of jurisdiction as the reason
  • PM Modi celebrates his birthday with Narmada aarti and later has lunch with his mother.
  • All 6 Bahujan Samaj Party MLAs merge with the Congress in Rajasthan
  • Bengal CM Mamata Banerjee to meet PM Modi on Wednesday, state issues on the agenda
  • Pakistan to open Kartarpur corridor on Nov 9
  • Rajeev Kumar, ex-police commissioner of Kolkata and wanted for questioning in the Sarada scam does not appear before the CBI despite the state administration requesting him to do so
  • Supreme Court asks the Centre to restore normalcy in J&K but keeping national interest in mind
  • As Trump accepts the invitation to attend a programme in Houston with PM Modi, India rushes to settle trade issues with US
  • After drone attack on Aramco's Suadi Arabia facility, oil prices jump 19% in intra-day trading causing worries for India
  • Imran Khan raises nuclear war bogey again, says if Pakistan loses a conventional war, it might fight till the end with its nuclear arsenal
Sunni Wakf Board and Nirvani Akhara write to the Supreme Court for a negotiated settlement to the Ayodhya dispute
oppn parties
Reconsider the Need for an IIM Act

By Sunil Garodia

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.