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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.
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 ...
The IIM bill was passed by the Lok Sabha on 28 July 2017 [43] and by the Rajya Sabha on 19 December 2017. [44] After receiving presidential assent, the IIM bill became an Act on 31 December 2017. [45] [46] In the 2023 Union Budget grants to the IIMs were cut in half. Heads of IIMs and B-schools said this would effect the newer IIMs ...
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 ...
The state also has an IIM and an IISER and Two NLUs. The Department of Higher Education under Ministry of Human Resource Development lists 81 centrally funded institutes [1] and 42 central universities. [2] Two central universities, two regional centres of IGNOU (in Jabalpur and Bhopal), and eight centrally funded institutes are located in ...
WASHINGTON (Reuters) -China-based DJI and Autel Robotics could be banned from selling new drones in the United States market under an annual military bill set to be voted on later this week by the ...
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 ...