Tuesday, September 04, 2012

IIMs may get legislative cover, award degrees

Five years after it first initiated a legislation to bring 13 premier Indian Institutes of Management (IIMs) under the purview of Parliament, the Ministry of Human Resource Development (MHRD) has revived the process and is working on a bill modeled on the lines of the Institutes of Technology Act, 1961, under which IITs function.

In 2007, the provocation for proposing a legislation for IIMs was the institutes' recalcitrance in implementing the OBC (Other Backward Classes) reservation. However, this time round, the idea has come from within. Many IIM directors and board members have been telling the ministry that without a legislative cover, IIMs are not able to award degrees. "It has become a handicap. Many IIMs have started five-year integrated courses but are not eligible to award degrees. Once the proposed Institutes of Management Bill is passed, IIMs would become more attractive for students," a source said.

Now, IIMs function as autonomous societies and run as per their Memorandum of Association (MoA) that is different in case of each institute. IIMs award only diploma for a two-year management course. Degrees can be awarded only by institutions set up by an act of Parliament, state assembly, deemed universities and institutes of national importance. Director of one of the new IIMs told TOI, "At a time when serious changes are being contemplated in the Common Aptitude Test (CAT) like making it an international test, IIMs need to have authority to grant degrees. Recently, the ministry discussed the matter with us. Once bill is prepared by the ministry we would be consulted."

But some feel parliamentary control could also compromise IIMs' autonomy and "out-of-box decisions". First, there would be change in the administrative and financial powers of the institutes. "Over the last three years, government had set up many committees to look into the functioning of IIMs as well as chalk out a roadmap. Most of the old IIMs have already amended their Memorandum of Association that gives them more power and flexibility. "We do not know what would happen to flexibility and financial autonomy," one IIM director said.

Source: The Economic Times (Online Edition), September 4, 2012
IIMs may get legislative cover, award degreesSocialTwist Tell-a-Friend

No comments:

Post a Comment

Blog Archive