IIM Bill tabled in Lok Sabha

As per the Bill, IIMs would be declared 'institutions of national importance'

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Press Trust of India New Delhi

Last Updated : Feb 09 2017 | 3:55 PM IST

The Indian Institutes of Management (IIM) Bill, which seeks to provide to these 20 prestigious institutes powers to grant degrees, was introduced in the Lok Sabha by HRD Minister Prakash Javadekar today.

As per the Bill, IIMs would be declared "institutions of national importance".

The government has been advocating more autonomy to the institutes which excel in their fields and in line with this policy, the IIM Bill, 2017 proposes that the Board of Governors will be the principal executive body of each IIM.

The Director of each institute will also be appointed by the Board of Governors out of a panel of

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