IIM Current Affairs - 2019

Category Wise PDF Compilations available at This Link

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.

Lok Sabha passes Indian Institutes of Management Bill, 2017

The Lok Sabha passed the Indian Institutes of Management (IIM) Bill, 2017 by voice vote. The Bill declares the IIMs as institutions of national importance.

The bill seeks to empower these institutions to attain standards of global excellence in management, management research and allied areas of knowledge. It also promises to grant administrative, academic and financial autonomy to these B-Schools and allow them to grant degrees.

Key Highlights of Bill

The bill allows IIMs to grant degrees to their students. It also grants them complete autonomy, combined with adequate accountability. It establishes coordination Forum of IIMs as an advisory body. It empowers board of an IIM to drive the management of the institution. It will select Chairperson and Director of IIM.

The board will have greater participation of experts and alumni. It will also include women and members from Scheduled Castes/Tribes. Besides, it adds provisions for periodic review of the performance of IIM by independent agencies and their results will be placed in public domain. Besides, it also has provision to place the Annual Report of the IIMs in the Parliament and CAG (Comptroller and auditor general of India)  auditing their accounts.

Background

IIMs are the country’s premier institutions imparting best quality education in management and are recognized as world-class management Institutions and Centres of Excellence. India has 20 IIMs now. All IIMs are separate autonomous bodies registered under the Societies Act. Earlier they were not authorized to award degrees. These awards were treated as equivalent to MBAs and Ph.D, respectively, but their equivalence was not universally acceptable, especially for the Fellow Programme.