Lok Sabha Passes Bill to Establish IIM Guwahati in Assam
The Lok Sabha has passed the Indian Institutes of Management (Amendment) Bill, 2025, paving the way for the establishment of a new Indian Institute of Management (IIM) in Guwahati, Assam. The move represents a major stride in expanding premier management education to the North-Eastern region of India, fulfilling a long-standing regional demand.
The Bill amends the Indian Institutes of Management Act, 2017, to officially incorporate IIM Guwahati into the list of national management institutes. The institution will receive a central financial grant of ₹550 crore to support its development, infrastructure, and operational setup.
This initiative not only meets educational aspirations but also contributes to the larger vision of inclusive national growth, ensuring the Northeast’s integration in India’s premier academic framework.
Tthere are currently 21 operational IIMs in the country. Over the years, they have emerged as a global brand for excellence in management education, with increasing interest from abroad.
Notably, the government is also gearing up to launch an IIM campus in Dubai next month, showcasing India’s growing influence in global higher education and the internationalization of its academic institutions.
Although the Bill was passed successfully, it occurred without debate in the Lok Sabha amid opposition uproar over the SIR issue. Despite the disruptions, the legislation received approval, reflecting bipartisan support for educational expansion, even amidst political turbulence.
The creation of IIM Guwahati is expected to,
India's trade deficit has been widened to $27.1 billion in February 2026. The reason for…
Did you know that spinach is one of the most popular leafy vegetables grown across…
The Department of Posts is launch the new 24 Speed Post service from 17 March…
World Social Work Day 2026 will be celebrated around the world on 17 March 2026.…
Did you know that some rivers in the world are compared with others because of…
India's unemployment rate fell just marginally to 4.9 percent in February 2026. This data are…