Indian Institutes of Management Act, 2017

The Indian Institutes of Management Act, 2017
Bhāratīya Prabaṃdhana Saṃsthāna Adhiniyama, 2017
State Emblem of India
Parliament of India
  • An Act to declare certain Institutes of management to be institutions of national importance with a view to empower these institutions to attain standards of global excellence in management, management research and allied areas of knowledge and to provide for certain other matters connected therewith or incidental thereto.
CitationAct no. 33 of 2017
Territorial extentWhole of India
Passed byLok Sabha
Passed28 July 2017
Passed byRajya Sabha
Passed19 December 2017
Assented to31 December 2017 (by President of India, Ramnath Kovind)
Commenced31 January 2018
Effective31 January 2018
Legislative history
First chamber: Lok Sabha
Bill titleThe Indian Institutes of Management Bill, 2017
Bill citationBill no. 20-C of 2017
Introduced byPrakash Javadekar (as Minister of Human Resources Development)
Introduced9 February 2017
Second chamber: Rajya Sabha
Bill titleThe Indian Institutes of Management Bill, 2017
Member(s) in chargePrakash Javadekar (as Minister of Human Resources Development)
Related legislation
Summary
The Act provides further autonomy to Indian Institutes of Management by declaring them as institutions of national importance.
Status: In force

The Indian Institute of Management Act, 2017 (IAST: Bhāratīya Prabaṃdhana Saṃsthāna Adhiniyama, 2017) is an Indian legislation. The Act declared the Indian Institutes of Management as institutions of national importance and enabled them to offer degrees and further make substantial changes in their administration.

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