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Date: 16-Aug-2023 Category: Extra Ordinary State: Union Government Country: India

Indian Institute of Management Amendment Act 2023

Issued by Ministry of Education · Department of Higher Education

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Executive Summary & Key Takeaways

What it means

  • The gazette notification announces the effective date of the Indian Institutes of Management (Amendment) Act, 2023.
  • The Central Government has appointed August 16, 2023, as the date on which the provisions of the Act will come into force.

Key Changes

  • The Indian Institutes of Management (Amendment) Act, 2023 (Act 23 of 2023) becomes effective on August 16, 2023.
  • This notification officially sets the commencement date for the amended provisions related to the Indian Institutes of Management.

Impact Analysis

Indian Institutes of Management (IIMs)

  • Action Item: IIMs should review and align their internal policies and procedures with the amended Act.

Ministry of Education

  • Action Item: The Ministry should ensure effective communication and guidance to IIMs regarding the changes.

Students and Faculty

  • Action Item: IIMs should communicate any relevant changes to students and faculty in a timely manner.

Other Stakeholders (e.g., alumni, industry partners)

  • Action Item: IIMs should maintain open communication with all stakeholders regarding any significant changes.

Key Entities Referenced

Indian Institutes of Management (Amendment) Act, 2023: The Act amended the existing laws governing the Indian Institutes of Management. Central Government: The authority responsible for appointing the effective date of the Act's provisions. Ministry of Education (Department of Higher Education): The government ministry responsible for higher education and the implementation of the Act.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-16082023-248126 xxxGIDExxx CG-DL-E-16082023-248126 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3504] नई दिल्ली, बुधभार, अगस्ट्त 16, 2023/श्राभण 25, 1945 No. 3504] NEW DELHI WEDNESDAY, AUGUST 16, 2023/SHRAVANA 25, 1945 जिक्षा मत्रं ालय (उच्च तर जिक्षा जभभाग) अजधसचू ना नई दिल्ली, 16 अगस्ट्त, 2023 का.आ. 3663(अ).—भारतीय प्रबंधन संस्ट्थान (संिोधन) अजधजनयम, 2023 (2023 का 23) की धारा 1 की उपधारा (2) द्वारा प्रित्त िजियों का प्रयोग करते हुए केंद्र सरकार एतिद्व् ारा दिनांक 16 अगस्ट्त 2023 को उि अजधजनयम के प्राभधानों को प्रभाभी करने की तारीख जनधााररत करती ह ै। [फा. सं. 8-19/2021- टी एस .V] पूणेंि ुदकिोर बनिी, संयुक्त सजचभ MINISTRY OF EDUCATION (Department of Higher Education) NOTIFICATION New Delhi, the 16th August, 2023 S.O. 3663(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Indian Institutes of Management (Amendment) Act, 2023 (23 of 2023), the Central Government hereby appoints the 16th day of August, 2023 as the date on which the provisions of the said Act shall come into force. [F. No. 8-19/2021-TS.V] PURNENDU KISHORE BANERJEE, Jt. Secy. 5280 GI/2023 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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