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A significant milestone was achieved by NITIE Mumbai on 12 July 2023 when the Union Cabinet approved the amendment in the IIM Act, designating NITIE Mumbai as the 21st IIM and renaming it as IIM Mumbai. [10] On July 28, 2023, The Indian Institutes of Management (Amendment) Bill, 2023 was introduced in Lok Sabha by Union education minister ...
Furthermore, the IIM (Amendment) Act, 2023 accorded the status of Visitor to the President of India. [66] The Board of Governors is the primary executive body of IIMB, while the Coordination Forum is a single body for all IIMs to communicate with the Indian government.
The Indian Institute of Management Act, 2017 (IAST: Bhāratīya Prabaṃdhana Saṃsthāna Adhiniyama, 2017) is an Indian legislation. The Act declared the Indian Institutes of Management as institutions of national importance and enabled them to offer degrees and further make substantial changes in their administration.
IIM Indore established its program in 2011 and IIM Rohtak in 2019. They were followed by IIM Ranchi, IIM Jammu and IIM Bodhgaya in 2021. IIM Indore awards program graduates both BA (Foundations of Management) and MBA. IIM Rohtak awards the BBA/MBA to five-year graduates and BBA to students who opt-out after three years. [56] [57]
Indian Institutes of Information Technology (IIIT) are declared as Institutes of National Importance through the 'Indian Institute of Information Technology Act, 2014' and the 'Indian Institutes of Information Technology (Public-Private Partnership) Act, 2017' and their subsequent amendments.
In January 2024, following amendments to the Indian Institutes of Management Act, 2017, the Ministry of Education initiated an inquiry into IIM-Rohtak's finances. Allegations include the "illegal" transfer of ₹ 2 crore (US$230,000) to the director's account as "variable pay." The ministry assigned its Principal Chief Controller of Accounts to ...
Amendment to negate judicial pronouncements on scope and applicability on Sales Tax. Zail Singh: 47th: Amend schedule 9. [55] 26 August 1984 Place land reform acts and amendments to these act under Schedule 9 of the constitution. 48th: Amend article 356. [56] 1 April 1985 Article 356 amended to permit President's rule up to two years in the ...
These include two-year full-time programmes (PGP), [14] one-year full-time residential programme for experienced professionals (PGPX), [15] and also offers Doctor of Business Administration level fellowship programmes. [16] The institute conducts a number of executive education and faculty development programmes.