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Economic Times
2 days ago
- Business
- Economic Times
Parliament clears Bill to establish Assam's first IIM in Guwahati
Synopsis Parliament has passed the IIM (Amendment) Bill, 2025, enabling Assam's first Indian Institute of Management in Guwahati. The move, tied to the peace accord with ULFA, fulfils a long-standing demand and aims to boost education, investment, and growth in the Northeast. ANI Lok Sabha passes bill to establish IIM in Guwahati; Assam CM says historic day Guwahati: In a landmark moment for Assam and the entire Northeast, Parliament today passed the Indian Institutes of Management (Amendment) Bill, 2025, paving the way for the establishment of the first Indian Institute of Management (IIM) in Assam and the second in Northeast Bill, which was earlier cleared by the Lok Sabha, was on Wednesday adopted in the Rajya Sabha, marking a historic step toward fulfilling a long-cherished aspiration of the people of Assam. The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal, welcomed this development and termed it as 'the fulfilment of a long-standing aspiration of the people of Assam.'The new IIM at Guwahati will be established under the Special Development Package announced as part of the historic peace accord signed between the Government of India, Government of Assam, and pro-talks ULFA group, aimed at ushering in holistic development for hailed the passage of the Bill and said, 'This is a historic milestone for Assam and the entire Northeast. Under the visionary leadership of Prime Minister Narendra Modi ji, the IIM (Amendment) Bill, 2025, has now paved the way for establishing the first IIM in Assam and the second in the region at Guwahati. This path-breaking step, part of the Special Development Package under the peace accord with ULFA, is aimed at ushering in the all-round development of our state. IIM Guwahati will fulfil a long-standing aspiration of our youth, create world-class managers, attract investments, and energise the business and industrial ecosystem of the entire region. I thank Prime Minister Narendra Modi ji for his unwavering support for the progress and development of the region and for ensuring that the growth engine of Bharat is run by a formidable team of top management professionals from the region.' Sonowal further added, 'The conduct of Congress MPs during the voting process in Parliament, opposing the IIM for Assam, has deeply hurt the sentiments of our people. Their tradition of neglect, ill will, and disregard for Assam has once again been exposed before the nation. The people of Assam will never forgive such a stance. The passage of this historic Bill by both Lok Sabha and Rajya Sabha proves that the road of transformation under Prime Minister Narendra Modi remains unabated, undisturbed, and unhinged, despite the noise and obstruction from the Opposition.'Union Minister for Education Dharmendra Pradhan, who introduced the Bill in Parliament, remarked, 'For decades, Congress ignored the aspirations of Assam and the Northeast. It is only under the NDA — during the tenure of Atal Bihari Vajpayee ji and now under Prime Minister Narendra Modi ji — that unprecedented development has taken place in the region. The establishment of an IIM in Guwahati was a long-standing demand of the people of Assam, strongly raised time and again by Chief Minister Himanta Biswa Sarma and Assam's popular leader Sarbananda Sonowal. Respecting the aspirations of the people, Prime Minister Modi decided that the country's 22nd IIM will be established in Guwahati.'The Education Minister also announced that, with support from the Government of Assam, the new IIM will begin admissions, faculty recruitment, and academic programmes from the upcoming academic year itself.
Time of India
2 days ago
- Business
- Time of India
Parliament clears Bill to establish Assam's first IIM in Guwahati
Guwahati: In a landmark moment for Assam and the entire Northeast, Parliament today passed the Indian Institutes of Management (Amendment) Bill, 2025, paving the way for the establishment of the first Indian Institute of Management (IIM) in Assam and the second in Northeast India. The Bill, which was earlier cleared by the Lok Sabha, was on Wednesday adopted in the Rajya Sabha, marking a historic step toward fulfilling a long-cherished aspiration of the people of Assam. The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal , welcomed this development and termed it as 'the fulfilment of a long-standing aspiration of the people of Assam.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Worried About Bills? Learn How Pay-Later Loans Work TheDaddest Undo The new IIM at Guwahati will be established under the Special Development Package announced as part of the historic peace accord signed between the Government of India, Government of Assam, and pro-talks ULFA group, aimed at ushering in holistic development for Assam. Sonowal hailed the passage of the Bill and said, 'This is a historic milestone for Assam and the entire Northeast. Under the visionary leadership of Prime Minister Narendra Modi ji, the IIM (Amendment) Bill, 2025, has now paved the way for establishing the first IIM in Assam and the second in the region at Guwahati. This path-breaking step, part of the Special Development Package under the peace accord with ULFA, is aimed at ushering in the all-round development of our state. IIM Guwahati will fulfil a long-standing aspiration of our youth, create world-class managers, attract investments, and energise the business and industrial ecosystem of the entire region. I thank Prime Minister Narendra Modi ji for his unwavering support for the progress and development of the region and for ensuring that the growth engine of Bharat is run by a formidable team of top management professionals from the region.' Live Events Sonowal further added, 'The conduct of Congress MPs during the voting process in Parliament, opposing the IIM for Assam, has deeply hurt the sentiments of our people. Their tradition of neglect, ill will, and disregard for Assam has once again been exposed before the nation. The people of Assam will never forgive such a stance. The passage of this historic Bill by both Lok Sabha and Rajya Sabha proves that the road of transformation under Prime Minister Narendra Modi remains unabated, undisturbed, and unhinged, despite the noise and obstruction from the Opposition.' Union Minister for Education Dharmendra Pradhan, who introduced the Bill in Parliament, remarked, 'For decades, Congress ignored the aspirations of Assam and the Northeast. It is only under the NDA — during the tenure of Atal Bihari Vajpayee ji and now under Prime Minister Narendra Modi ji — that unprecedented development has taken place in the region. The establishment of an IIM in Guwahati was a long-standing demand of the people of Assam, strongly raised time and again by Chief Minister Himanta Biswa Sarma and Assam's popular leader Sarbananda Sonowal. Respecting the aspirations of the people, Prime Minister Modi decided that the country's 22nd IIM will be established in Guwahati.' The Education Minister also announced that, with support from the Government of Assam, the new IIM will begin admissions, faculty recruitment, and academic programmes from the upcoming academic year itself.
Time of India
2 days ago
- Politics
- Time of India
LS passes bill to set up IIM in Guwahati; second in NE
1 2 Guwahati: Lok Sabha on Tuesday passed the Indian Institutes of Management (Amendment) Bill, 2025, paving way for the establishment of the institute in Guwahati, with the union govt committing Rs 550 crore corpus fund for a period of five years from 2025-26. IIM-Guwahati will be the 22nd in the country and the second in the northeast after IIM-Shillong, which was set up in 2007. The establishment of the IIM in Guwahati is a key initiative under the Special Development Package (SDP) — the package that forms the core of the peace agreement signed between the central and state govts and the United Liberation Front of Assam (Ulfa) in 2023, aimed at promoting comprehensive development across the state. This makes IIM-Guwahati the second major national institute in the state born out of a political settlement, reinforcing the role of education as a tool for peacebuilding and regional empowerment. Earlier, IIT-Guwahati was established in 1994 as a direct outcome of the 1985 Assam Accord, which aimed to address regional development and educational infrastructure in Assam following years of anti-foreigners' agitation led by All Assam Students Union. The institute will be mentored by IIM-Ahmedabad, with classes expected to begin this year at a temporary campus provided by the state. The permanent campus will be built at Palasbari in Kamrup district. CM Himanta Biswa Sarma hailed the development as "truly historic." "With an IIT, AIIMS and now IIM, Assam is on the precipice of becoming a major education hub of Eastern India," Sarma wrote on 'X'. The bill notes that Assam govt formally requested the establishment of an IIM in the state, citing its strategic location and the need for holistic development. Despite having a population exceeding three crore, Assam remained one of the few states without an IIM. The bill mentions that according to the latest all-India survey on higher education, over 5.5 lakh students are currently enrolled in higher education institutions across Assam. With the state emerging as a key driver of regional growth, the proposed IIM is expected to significantly enhance educational infrastructure, foster managerial talent, and unlock new opportunities for students across the northeast. "Assam is at the centre stage of all-round development of the region. Establishing an IIM at Assam shall boost the overall education and development of the region and open up significant opportunities for the students of North Eastern Region of India to develop managerial skills," the bill notes. Sarma expressed gratitude to PM Modi, Union home minister Amit Shah, and education minister Dharmendra Pradhan, calling the move a transformative step for higher education in the region. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
India Today
4 days ago
- Politics
- India Today
Bill introduced in Lok Sabha to establish new IIM in Guwahati
Union Education Minister Dharmendra Pradhan presented the bill on Monday, even as opposition protests continued over the issue of electoral roll revisions in Bihar. The proposal follows a request from the Assam government, which has been pressing for an IIM in the state given its strategic location in the Northeast and the need for inclusive initiative is part of a broader Special Development Package (SDP) announced after a Memorandum of Settlement (MoS) was signed between the Centre, the Assam government, and representatives of the United Liberation Front of Assam (ULFA). The package includes multiple projects aimed at boosting Assam's growth, with the setting up of an IIM in Guwahati being a key there are 21 IIMs across the country, each recognised as an institution of national importance. Assam, despite having a population of over three crore, remains one of the few states without an IIM, a gap the proposed legislation seeks to bridge. (With PTI inputs)- EndsMust Watch
The Print
4 days ago
- Politics
- The Print
Bill on IIM Guwahati introduced in Lok Sabha
According to the MoS, a number of developmental projects are to be implemented by the Union government under a Special Development Package (SDP). Union minister Dharmendra Pradhan introduced the bill amid din created by the opposition over the issue of Special Intensive Revision (SIR) of electoral rolls in Bihar. According to the draft law, the central government, the Assam government and representatives of United Liberation Front of Assam (ULFA) signed a Memorandum of Settlement (MoS) for all-round development of the state. New Delhi, Aug 18 (PTI) A bill to include Indian Institute of Management (IIM) Guwahati to the schedule of the Indian Institutes of Management Act to make it an institution of national importance was introduced in the Lok Sabha on Monday. Establishment of an IIM at Guwahati as an institution of national importance is one of the projects under the SDP. At present, there are 21 IIMs that are declared as institutions of national importance and each of those are specified in the Schedule to the IIM Act. The Assam government has requested for establishment of an IIM in the state, keeping in view the geographical location of the state and its all-round development. 'Assam is one of the very few states with more than three crore population which does not have an IIM,' the bill noted. PTI GJS NAB NAB DV DV This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
