No plans to dissolve existing IIM boards: Govt

The Government Wednesday said there was no plans to dissolve the existing boards of the IIMs across the country following suggestions by a committee to revamp their functioning.

New Delhi: The Government Wednesday said
there was no plans to dissolve the existing boards of the IIMs across the country following suggestions by a committee to
revamp their functioning.

The Bhargava committee set up by the Government had
made recommendations like restructuring the society of IIMs
and board of governors and providing further powers to the
board to select and appoint chairman and director.

"There are no plans to dissolve the existing IIMs
boards," said HRD Minister Kapil Sibal in a written reply in
the Lok Sabha today but added the report submitted by the
Bhargava committee is under examination.

The committee had also suggested redesignation of the
directors as president and dean, clearly defining the
responsibilities of the faculty members and provision for
pension payment.

Sibal said the older IIMs have already been asked to
make amendments to their Memorandum of Association and rules
and "sent the same to the Ministry for approval".

He said Government has also constituted smaller
boards in case of the new IIMs.

To a related question, he said it has been agreed in
principle in case of the board of IIM Bangalore that it
would have the power to create posts within the approved norms
and open centres in India and abroad.
The board has also been empowered to amend rules,
approve their own budget and manage own funds generated by the
institute.

The IIMs in a recent meeting had stressed the need for
increased autonomy.

PTI

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