Facing criticism over the draft IIM Bill that gives the Union government sweeping powers in policy matters of the prestigious business schools, the Human Resource Development Ministry is considering doing away with some contentious clauses that may infringe on their autonomy. Sources said a meeting with the heads of the IIMs could be called.
The Ministry may delete subsection (1) of section 36 which says the IIM “Board may, with the approval of the Central government, by notification, make regulations not inconsistent with this Act and the rules made thereunder to carry out the provisions of this Act.”
The IIMs also want section 35 removed as it was not discussed with them. Section 35 empowers the Centre to “make rules for carrying out the provisions of this [IIM] Act.”
