IICA Sets Foot in Northeast with First Regional Campus in Shillong

In a major step towards inclusive growth and regional empowerment, the Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, is establishing its first regional campus in New Shillong Township, Meghalaya. Backed by ₹100.95 crore under the PM-DevINE (Prime Minister’s Development Initiative for North East) scheme, the new campus is envisioned as a hub for specialized training, research, and policy advisory in critical areas such as corporate governance, ESG, CSR, and insolvency. This strategic initiative reflects India’s continued commitment to integrating the North East into the national development narrative.

Why in News?

On June 3, 2025, IICA formally acquired 5 acres of land in Shillong, marking the establishment of its first regional campus outside Delhi. The project is funded under the PM-DevINE scheme, aimed at accelerating growth in the North-East region. It aligns with the government’s vision of decentralization, empowering the region as a knowledge and policy hub.

Key Highlights

  • Location: New Shillong Township, within the upcoming Knowledge City cluster.
  • Support: ₹100.95 crore from PM-DevINE, a central scheme for North East development.
  • Purpose: To provide capacity building, research, and advisory in corporate affairs.

Objectives

  • Expand IICA’s reach to the North-East.
  • Promote corporate governance, sustainable business practices, and entrepreneurial training.
  • Support the Ease of Doing Business, Vikshit Bharat @2047, and Atmanirbhar Bharat goals.

Background

  • The Indian Institute of Corporate Affairs (IICA) is an autonomous institution under the Ministry of Corporate Affairs.
  • It serves as a think tank and training institute for various stakeholders in the field of corporate regulation and governance.
  • Previously, IICA conducted over 300 training programs in the North East.

Infrastructure & Strategic Location

  • The campus will be located alongside IIM Shillong, National Law University Meghalaya, and NIFT, fostering academic synergy.
  • An airport is also being developed in Shillong to boost connectivity.

Significance

  • Makes Shillong a key hub for policy innovation and training.
  • Fosters partnerships with state universities, businesses, and policy makers.
  • Ensures equitable access to national-level training and leadership development.
Summary/Static Details
Why in the news? IICA Sets Foot in Northeast with First Regional Campus in Shillong
Institute Indian Institute of Corporate Affairs (IICA)
Ministry Ministry of Corporate Affairs
Location New Shillong Township, Meghalaya
Land Size 5 acres
Scheme PM-DevINE (₹100.95 crore allocated)
Purpose Training, policy advisory, and capacity building in corporate governance
Key Officials Present Chief Secretary Meghalaya, Secretary MCA, DG IICA, senior officials

Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

Recent Posts

What is National Investigation Agency? Check Its Structure, Administration and Functions

The National Investigation Agency (NIA) is India's main agency for fighting terrorism and protecting national…

16 hours ago

Which State is the Largest Petroleum Producing Country?

Did you know that India produces a significant amount of petroleum oil within its own…

17 hours ago

Largest Crude Oil Supplier Countries to India in 2026, Check the List

Did you know that India is one of the largest consumers of crude oil in…

19 hours ago

What is the Central Excise Duty? Know Its Historical Background, Types and Significance

Central Exicse Duty was one of the most important indirect taxis in India before the…

21 hours ago

Weekly Current Affairs One Liners (23rd to 28th of March 2026)

Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…

22 hours ago

Gurjant Singh Bids Farewell to International Hockey: A Decade of Glory, Olympic Brilliance & Legacy

Indian men's hockey team forward Gurjant Singh has officially announced his retirement from international hockey…

2 days ago