Parliament approved bill to set up Indian Institute of Management in Guwahati

The Rajya Sabha on Wednesday passed a bill to set up an Indian Institute of Management (IIM) in Guwahati with the Union government providing a capital support of Rs 550 crore. The bill was passed by the Lok Sabha on Tuesday.

The Opposition staged a walkout after the Indian Institutes of Management (Amendment) Bill, 2025 was introduced in the Rajya Sabha.

Replying to the discussion on the bill, Union



Education Minister Dharmendra Pradhan said this will be the 9th IIM to be established under the Narendra Modi-led government in the last 10 years.

“The 21st IIM in the country will be set up in Guwahati at an investment of Rs 550 crore,” the minister said.

He expressed gratitude to Assam Chief Minister Himanta Biswa Sarma for his efforts to seek approval for the establishment of an IIM in the State.