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Parliament Approves IIM Guwahati With ₹555 Crore Backing

The law earmarks funding with the education minister saying classes will begin this session from temporary facilities.

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AASU Welcomes Centre’s Move to Establish First IIM in Assam
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Overview

  • Rajya Sabha passed the Indian Institutes of Management (Amendment) Bill, 2025 by voice vote after Lok Sabha cleared it a day earlier.
  • IIM Guwahati will be India’s 22nd IIM and the second in the Northeast after Shillong.
  • The measure provides a ₹555 crore allocation for the institute’s establishment.
  • Union education minister Dharmendra Pradhan said admissions, faculty appointments and academic activities will start in the current academic session from temporary premises.
  • Opposition members walked out of the Upper House seeking a debate on Bihar’s electoral-roll revision, while other parties participated and supported the bill.