August 25 , 2025
16 hrs 0 min
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- Parliament passed the Indian Institutes of Management (Amendment) Bill, 2025, to establish an IIM in Guwahati, Assam.
- The Bill was approved by the Rajya Sabha and amends the Indian Institutes of Management Act, 2017.
- The new IIM in Guwahati will start admissions in the 2025-26 academic year.
- The Bill provides a corpus fund of ₹555 crore for IIM Guwahati.
- With this addition, the total number of IIMs in India will be 22.
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