IIM Current Affairs - 2020

“Globalizing Indian Thought”, an International Conclave held at Kozhikode

On January 17, 2020, the International Conclave on “Globalizing Indian Thought” was held in IIM, Kozhikode. PM Modi addressed the conclave. The conclave aimed at revealing India’s thoughts in becoming one of top three economies of the world.


India is stepping towards the goal of becoming a 5 trillion Dollar economy by 2025. This will make India one of the top three economies in the world after US and China. It is essential for India to reveal its path while it is achieving such goals. The Conclave is an initiative to achieve this.

The Conclave focuses on India’s thought on development. The thoughts are as follows

  • Satyam-Truth
  • Nithyam-Sustainability
  • Purnam-Wholeness.

The conversations on globalizations have so far been synonymous with westernization. India does not contribute to such conversations. Through these conclaves India says that India has always stick to its intellectual heritage, innovative knowledge system and rich traditions.

According to India, the three thoughts Satyam, Nithyam and Purnam influence the world greatly.


The Conclave is important as it reveals India and its path towards development to the global market. Ethically, it is important to choose the right path of development. With the world marching towards development, it is important to get hold of traditional routes to sustain mankind. The conclave is important to convey this message to the world. The Conclave also offers opportunities to thinkers across different professions to converge their ideas into creative platforms.

National Institutional Ranking Framework 2019

The National Institutional Ranking Framework (NIRF) rankings have been released by the Ministry of Human Resource Development. The rankings list the best institutions and universities of India.

The NIRF ranking framework instituted in 2016 evaluates institutions on five broad generic groups of parameters, including Teaching, Learning and Resources, Research and Professional Practice, Graduation Outcomes, Outreach and Inclusivity and Perception.

Ranking of the Institutions

  • The Indian Institute of Technology (IIT), Madras has topped the overall rankings of higher education institutions and is followed by IISc Bangalore and IIT-Delhi ranked second and third in the overall rankings.
  • In the 2018 rankings, IISc Bangalore had topped the overall rankings.
  • Of top 10 institutes in the overall ranking, seven are IITs.
  • In the University Category, IISc Bangalore has been ranked one followed by Jawaharlal Nehru University (JNU) and the Banaras Hindu University (BHU).
  • Miranda House of the Delhi University has topped the college’s rankings followed by Hindu College in Delhi and the Presidency College in Chennai.
  • In the Engineering institutions category IIT-Madras topped the ranking followed by Delhi and Eight of the top 10 engineering institutions are IITs.
  • In the category of Management Institutions, top six ranks have been retained by Indian Institutes of Management (IIMs). IIM Bangalore (IIM-B) has bagged the top spot. IIM Ahmedabad (IIM-A) bagged the second spot and IIM Calcutta is on the third spot.
  • Jamia Hamdard has been announced as the top varsity for Pharmacy.
  • All India Institute of Medical Sciences (AIIMS) has been adjudged as the best medical college.
  • National Law School of India University, Bengaluru, have been adjudged as the best medical college law school.

A total of 3,127 institutions participated in the ranking process under overall rankings, category-specific and domain-specific ranking and 4,867 applications for rankings were made by the total applicant institutions under various categories and domains.