New Delhi [India], August 20 (ANI): Union Minister Dharmendra Pradhan on Wednesday called the passage of the Indian Institutes of Management (Amendment) Bill, 2025, in the Parliament a 'historic milestone.'

This comes after the Lok Sabha on Tuesday passed a bill to establish the Indian Institute of Management in Guwahati.

In a post on X, Pradhan said,'A historic milestone in Assam's ascent as an eminent educational hub. With the passage of The Indian Institutes of Management (Amendment) Bill, 2025 in the Parliament, Assam gets its 1st #IIM in Guwahati. Envisioned by Hon'ble PM Shri @narendramodiji as an outcome of the trilateral agreement between Union Govt., Assam Govt., and ULFA for the comprehensive development of Assam, IIM Guwahati will address regional disparities in higher education, facilitate world-class management education and research and further contribute to the development of 'Ashtalakshmi' in line with the vision of Purvodaya.'

https://x.com/dpradhanbjp/status/1958116197712761055

Earlier, Pradhan said amid opposition uproar that the IIM (Amendment ) Bill, 2025, will further amend the Indian Institutes of Management Act, 2017. He said the bill seeks to establish the Indian Institute of Management at Guwahati in Assam, which is an important centre of the North-Eastern region of the country.

The bill was introduced in the Lok Sabha on Monday, amidst the commotion caused by the opposition over their demand for debate on Special Intensive Revision (SIR) in Bihar.

This IIM will be second in the North East and 22nd in the country. The permanent campus of IIM will be at Palasbari, and IIM Ahmedabad will be mentoring it. After Meghalaya, the Union government has given another IIM to Assam. (ANI)