Best of BS Opinion: Command and control, expanding powers and more

Here is the best of Business Standard's opinion pieces for today

The Indian Institute of Management (Amendment) Bill, 2023, which was passed by the Lok Sabha last week, proposes significant changes that will curtail the autonomy of Indian Institutes of Management (IIMs) and reverse the government's policy of just five years ago. The new rules vest critical powers with the President of India such as control over the appointment of the Director and the chairperson of the board and to initiate inquiries in IIMs. In short, the government has given itself enormous powers to dictate how IIMs will be run, raising doubts about the ability of these premier institutes to adapt