Give your inputs/suggestions on Draft IIM Bill 2015

Give your inputs/suggestions on Draft IIM Bill 2015
Last Date Jun 25,2015 00:00 AM IST (GMT +5.30 Hrs)
Submission Closed.

The proposed IIM Bill 2015 proposes to grant statutory status to thirteen existing Indian Institutes of Management (IIMs) at Ahmedabad, Kolkata, Bengaluru, Lucknow, Indore, ...

The proposed IIM Bill 2015 proposes to grant statutory status to thirteen existing Indian Institutes of Management (IIMs) at Ahmedabad, Kolkata, Bengaluru, Lucknow, Indore, Kozhikode, Shillong, Raipur, Ranchi, Rohtak, Kashipur, Tiruchirapalli and Udaipur, and declare them as Institutions of National Importance, to enable them to grant degrees to their students in the academic courses conducted by these institutes. Till now, these Institutions could award only certificate, Post Graduate Diploma and Fellow Programme in Management Certificate, which lacked universal acceptability in the field of academia and research. The Post-graduate Diploma in Management Programme was relatively unaffected by absence of a formal degree, both in terms of recruitment of students as well as suitable placements in job market but the Fellow Programme in Management did not get the same status as that of a Ph.D. in the job market, especially in faculty appointments. As a result, the Fellow Programme in Management (equivalent to Ph.D), without the formal degree stamp, has not, been able to attract talented students, required to develop a strong research base in the country in the field of management education and also address the faculty shortages affecting the management institutions in the country. The proposed Bill will address this gap.

Fulltext: Draft IIM Bill 2015

Give your inputs/suggestions on Draft IIM Bill 2015

The last date to share your views is 24th June, 2015

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Pulkit Bhatnagar 5 years 3 months ago

Nowadays when the budget of families is under financial pressure,people want to get quality of life, hence they want to grow. We are a country full of aspirations. But what stops us from the childhood is the high fees which we have to bear, if we want to grow better. From pvt schools,to pvt colleges to pvt postgraduate colleges. We still manage on school level or college level. But when we have to choose post graduation colleges, the fees goes straight up to many lakhs. How can a family who has taken car on loan,has married her daughter by taking loan,has got its scooter on EMI gonna manage a hit of more than 15k a month which goes as interest to banks for the educational loan as the interest rates are so high. They are simply doing business. Not just this much pressure is on the families these days, that they are compromising education standards for lesser fees. I feel very bad about it, but what can we do other than killing our dreams and going for a sub standard college with less fee. Other than that the student has to pay the EMI of more than 15K for the next 10-12 years,compromising everything due to it. This is the case of a huge percentage of India's neo middle class who wants to grow more and more. I could personally tell you my state, my family is paying 2-3 EMIs of my sisters marriage,1EMI for car and some EMIs for insurance. My family daily worries that how will they manage when I'll get into some MBA college in this year's end. We never expected from previous governments, but we do know for what ideals this new government stands and we salute that. I recently got to know about Delhi governments initiative on educational loans I was very happy to hear about it. I would have been more happy if I would have heard such thing from Central Govt of Mr.Modi. But still I believe that you would stand for the cause of students and families. Please sir bring an educational loan scheme so that we could fulfill our aspirations in return benefiting our motherland. Please sir help us, the educational loan percentage is very high and even the fees of Pvt good MBA colleges.