Lok Sabha passes IIM Amendment Bill 2025:
ssed 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.
