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Topic: IIM Act
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.
AICTE has described as ‘course correction’ a new circular directing management institutes to either offer a degree or a diploma, but not both.
While the IIM Act aims to free up the premier business schools from governmental control, many of the newer IIMs have argued in favour of it.
Committee to frame the rules of the new IIM Act decides against granting the directors’ demand to give the govt a say in their removal.
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.