‘Save autonomy, legal identity of
PGDM institutions’
Many of the newer IIMs and IITs
faced severe problems in terms of infrastructure, say experts.
IIMAMRITSAR.AC.IN
The Indian Institutes of Management (IIMs) Bill 2017 was
approved by the Union Cabinet last week. The IIMs will now be declared as
Institutes of National Importance and will be able to grant degrees to their
students.
However, the private B-schools, including postgraduate
diploma in management (PGDM) institutions, will be affected too. According to
Prof Harivansh Chaturvedi, alternate president, Education Promotion Society of
India, an organisation which has been fighting for the autonomy of these
B-schools legally, the passing of the Bill is going to create a big anomaly by
disturbing an equilibrium between IIMs and over 500 selffinanced PGDM
institutions which have been functioning for more than 35 years.
“In the sixties, private B-schools were allowed to be set up
by the ministry of human resource development after it was thought that the
three IIMs (Ahmedabad, Bangalore and Calcutta) will not be able to fulfil the
needs of the Indian industries. PGDM institutions like XLRI, SP Jain Institute
of Management and Research, and International Management Institute, were
allowed by the MHRD to be run under the apron of the All-India Council for
Technical Education (AICTE) as autonomous business schools,” he says.
It is imperative that the MHRD looks into the matter of
autonomy of these PGDM institutions as, after the passage of the IIM Bill, the
recruiters and foreign universities will have doubts about the legal identity
of a postgraduate diploma in management, says Prof Chaturvedi. In 2010, the
AICTE tried to curtail autonomy of over 500 PGDM institutions but the Supreme
Court did not allow it to happen by issuing interim orders in the last six
years.
Regards!
Librarian
Rizvi Institute of Management
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