IIMs Can Now Award Degrees Instead Of Diplomas: New Law

IIMs Can Now Award Degrees Instead Of Diplomas: New Law

IIMs Can Now Award Degrees Instead Of Diplomas: New Law NEW DELHI: The Indian Institutes of Management (IIMs) in the country have got more autonomy in their functioning with restricted government’s role in their functioning and power to award degrees instead of diplomas to their graduates, according to a new law. President Ram Nath Kovind has given assent to the Indian Institutes of Management Bill, 2017, yesterday, and it has now become a law. The new law which was passed in the Lok Sabha in July, 2017 and by Rajya…

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Faculty quota leeway for IIMs in bill

Faculty quota leeway for IIMs in bill

New Delhi, Feb. 9: The government today introduced a bill in the Lok Sabha to empower the Indian Institutes of Management to offer degrees while leaving enough leeway for the B-schools to continue avoiding reservation in faculty appointments. The Indian Institutes of Management Bill, 2017, did touch upon an affirmative policy while hiring teachers but experts said it was too mild to enforce a quota-based system. The bill, introduced by human resource development minister Prakash Javadekar, has a provision that expects the institutes not to discriminate anybody on grounds of…

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CAT 2016 Results: More than 37,000 applicants skipped examination, say IIMs

CAT 2016 Results: More than 37,000 applicants skipped examination, say IIMs

CAT 2016 Results: Soon after the CAT 2016 results were announced, Indian Institutes of Management (IIMs) said that more than 37,400 aspirants skipped the Common Admission Test (CAT) this season. Out of the 232,434 applications that were filed for the admission their flagship management courses, only 195,000 candidates sat for the exam, said IIMs while announcing the results. As per IIM Bangalore that was organising authority for CAT 2016, male and engineer aspirants continued their better performance. The performance in CAT 2016 examination is an important component in the admission…

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Why asking IITs and IIMs to mint money is government’s worst idea ever

Why asking IITs and IIMs to mint money is government’s worst idea ever

The finance ministry has written to all government departments and ministries, directing them to ensure various autonomous and funded institutes and bodies under them are levying adequate “user charges” for services they are providing. Prominent among such institutes are the IITs, IIMs, different public universities and research institutes. Directing these institutes to mint money is in tune with the recent reluctance of the government to fund these institutes, as the government is focused on limiting expenditure and sticking to its fiscal targets. While reducing investments in higher education and forcing…

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