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Business News/ Politics / Policy/  IIM-A opposes bringing IIMs under umbrella body
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IIM-A opposes bringing IIMs under umbrella body

B-school demands options for all IIMs whether to come under the govt umbrella or remain autonomous

The proposed legislation seeks to confer the IIMs the status of institutes of national importance, empowering them to award degrees instead of diplomas, and establishment of an IIM council. Photo: Mint (Mint)Premium
The proposed legislation seeks to confer the IIMs the status of institutes of national importance, empowering them to award degrees instead of diplomas, and establishment of an IIM council. Photo: Mint (Mint)

Ahmedabad: The Indian Institute of Management-Ahmedabad (IIM-A) has come out in the open to oppose the proposed legislation to bring IIMs under one umbrella body, saying it will curtail its autonomy.

IIM-A governing council chairman A.M. Naik said the proposed legislation to bring IIMs under an umbrella body will slow the institute’s effort to take it to the next level of globalization.

The proposed legislation seeks to confer the IIMs the status of institutes of national importance, empowering them to award degrees instead of diplomas, and to establish a council for IIMs similar to the one for the Indian Institutes of Technology (IITs) and pave the way for the appointment of more government directors on IIM boards.

The premier B-school has started the fight for its autonomy to preserve the status that it has created for itself, when there have been attempts by successive governments to bring it under their control.

“We demand options for institutes...to all IIMs whether to come under the government umbrella and give a degree...or those who want to remain autonomous as they are and shall not give degrees and continue with what they are giving today (diploma)," Naik, who is also the managing director of Larsen and Toubro Ltd, told PTI.

“We have said we can do without a degree because IIM-A brand itself is huge...even with its diploma, which is rated to be among the best in the world," he said, adding, “we are trying to more and more internationalize IIM-A, which is the only IIM appearing in the global list of first 25."

“I want to have a global board...four members from all around the world...I have brought already Prof. Srikant Datar from Havard University on board...I want to bring more," he said.

“With a majority of government directors on the board, there is hardly any room left for international directors to come. Finally, what is left is space for two more directors," Naik said.

“I am also trying to bring in international faculty. In middle of all this...to bring more controls and bring it into overall government umbrella will slow that process," he said, adding that people come and join when they see a freedom and autonomy.

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Published: 07 Feb 2013, 10:08 PM IST
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