IIM Bill 2017 unshackles institutes but reservations to go for real freedom

A quick scan of top-notch educational institutions globally should show that even public-funded ones are allowed to function unfettered in all administrative and academic matters. Thus, the Union Cabinet approving the IIM Bill that all but frees the hallowed Indian Institutes of Management (IIMs) of its control is significant leap forward. The proposed legislation replaces the near-autarchic IIM Council that is headed by the Union HRD minister and had many senior ministry officials a members, apart from the chairpersons and directors of the various IIMs with a “coordination body” that…

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