The IIM Bill 2017 granted the ‘Institutes of National Importance’ to IIMs. With the new status and independence, IIMs will witness outstanding new and interesting attempts (to begin something new) on the campus and greater interests from institutes of worldwide importance.
IIM (people who want to achieve something) expressed their happiness over granting ‘Institute of National Importance’ to IIMs.
According to a top official of an IIM, the IIM Bill will play an overridden role in strengthening the authority and control of IIMs.
After the (putting into) use of IIM Bill, the premier institutes can launch more postgraduate and undergraduate courses.