IIM (Amendment) Bill 2023 will amend 2017 act & appoint the President 'Visitor' of each IIM, giving govt final say in appointing chairperson of board of governors & director.
The bill proposes to appoint President of India as 'Visitor' of every IIM via insertion of new section in the principal Act. This will give central govt a say in decision-making of IIMs.
Board of Governors decided to retain director Dheeraj Sharma despite education ministry flagging 'discrepancies' in his qualifications. Ministry now exploring legal options.
Ministry of Education is considering a proposal to check malpractice at the level of IIM boards. It will allow for action against the board of governors.
HRD ministry officials say India has no provision for a Master’s degree to be awarded for a one-year course, but IIM-Ahmedabad says they’re following the IIM Act.
Board of governors had recommended the appointment of Prof. Errol D’Souza in October, but the appointment is stuck in a logjam at the Centre ever since.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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