Union Human Resource Development (HRD) Ministry has given a nod to reconstitute Boards of Governors (BoG) of IIM by December 15, 2018. This process of constitution of new BoG of the 20 prestigious Indian Institutes of Management will be done in accordance with the IIM Act 2017.
Speaking on the development, Prakash Javadekar, HRD Minister said, “The process of constitution of Boards for the IIMs, which have been given full powers of running the institutions, is a major development which signals complete autonomy of quality institutions in higher education and will ensure quality expansion of higher education.”
In accordance with the Act, Govt has decided to immediately withdraw the Govt nominees who are in excess of the provisions of the Act. This will pave way for complete control of the institutions by reputed academicians and alumni.
Those who are unaware, IIM Act is a historical step of the Govt which provided comprehensive autonomy to the higher educational institutions.
How it will Work?
The process of constitution of the first Boards will be kicked off with the (3) Ex-officio members-
- Who will select Chairperson
- Who shall normally be the current Chairperson
- Would be given the full term under the new Act(except where there are issues of ineligibility)
Further, the Chairperson will lead the further process of constitution of the Boards as laid down under the Act.
Later on, the Board consisting of Chairperson and ex-officio members will co-opt (5) alumni from each of the IIMs, who will normally be the current serving members, except in cases of ineligibility.
In the first meeting of the Board, the regulations for selection of 4 eminent persons and two faculty members would be framed; and based on this, normally the current serving persons would be selected for a full term.
What after the Completion of Constitution?
On completion of the constitution of the Boards in the above manner, the Rules under the IIM Act would be issued, which would bring out the operational details more clearly.