Government’s new bill proposes the president as a visitor of all IIMs.: Union Education Minister Dharmendra Pradhan presented the Indian Institutes of Management (Amendment) Bill in the Lok Sabha.
The bill proposes to make the president as the Visitor of all IIMs. It seeks to amend the 2017 Act so that the Visitor can nominate the Chairperson of the Board of Governors of IIMs. The bill seeks to amend Section 10 of the present Act. A new Section, 10A, would be added to make President the Visitor of every Institute.
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Section 16 of the Act will be also amended to give more powers to the Visitor in the appointment of IIM Directors. The Board will now have to take the prior approval of the Visitor to appoint a Director. The Director will be appointed from a list of candidates recommended by a search-cum-selection committee.
Earlier, the director was appointed by the board with the prior approval of the Appointments Committee of the Cabinet headed by the Prime Minister. With prior approval of the Visitor, the board can remove the Director. The Visitor can also terminate the Director. The bill also proposes to convert the National Institute of Industrial Engineering, Mumbai to the Indian Institute of Management, Mumbai.
