Indian Institutes of Management (Amendment) Bill, 2025 was unanimously approved by the Lok Sabha with a view to setting up a new Indian Institute of Management (IIM) at Guwahati, Assam. The move is a leap in a giant stride towards providing the world-class management education to India's North-East region, an age-old regional aspiration.
What the Bill Proposes
The Bill also amends the Indian Institutes of Management Act, 2017, to specifically include IIM Guwahati in the list of national management institutes. The institution will be given a central grant of ₹550 crore to fund its establishment, infrastructure, and operational facility.
Implication of IIM Guhawati
Having an IIM located there will ensure level playing fields for access to quality management education.
The institute would serve as a growth catalyst for the area, drawing in capital and talent.
The project not only bears pedagogical importance but also adds to the realization of the national growth dream by taking everyone along, which will open doors to include the Northeast within the higher echelons of education in India.
IIMs: A Brand on the Rise
There are 21 functional IIMs in the country today. They were a global brand of managerial education quality from the very beginning, and more and more foreigners are eager to join them.
The interesting thing is that even the government is setting up an IIM campus in Dubai this month, indicating India emerging as a global power in higher education and internationalizing Indian higher education institutions.
Parliamentary Context
Notwithstanding the enactment of the Bill, it was passed without debate in Lok Sabha in the face of SIR issue opposition unrest. Notwithstanding unrest, the law was enacted, an indication of bipartisan good will towards educational advancement in the face of political unrest.
Strategic and Educational Impact
The IIM Guwahati will likely to,
Enhance infrastructure for management education in Northeast India.
Promote entry of boys and girls from backward and tribal areas in professional education.
Promote employment, research, and innovation at the levels of Assam and other states.
Promote entrepreneurship and indigenous enterprise via management capacity.
