IICA to Establish Regional Campus in Meghalaya: Enhancing Corporate Governance in Northeast India
Introduction
The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, has announced its plan to establish a regional campus in New Shillong Township, Meghalaya. This development, part of the Prime Minister’s Development Initiative for North East Region (PM-DevINE), aims to support capacity building and promote research in key policy areas.
Significance of the Shillong Campus
Government Collaboration
The Government of Meghalaya formally transferred five acres of land to IICA in a ceremony attended by key state and central officials.
Strategic Location
The campus will be located within the Knowledge City cluster in Shillong, which includes IIM Shillong and National Law University Meghalaya, offering opportunities for academic collaboration.
Funding and Infrastructure
PM-DevINE Support
The project will receive ₹100.95 crore under the PM-DevINE scheme to support planning and construction.
Improving Accessibility
An upcoming airport in Shillong is expected to improve regional connectivity to the campus.
Focus Areas of the Campus
- Corporate Governance
- Environmental, Social, and Governance (ESG)
- Corporate Social Responsibility (CSR)
- Insolvency and Bankruptcy
- Competition Law
- Board Leadership
Future Initiatives
IICA plans to partner with regional universities and launch academic programs in the current financial year. Over 300 professionals have already benefited from preliminary programs in the region.
Key Project Information
| Detail | Information |
|---|---|
| Location | New Shillong Township, Meghalaya |
| Land Area | 5 acres |
| Investment | ₹100.95 crore under PM-DevINE |
| Key Focus Areas | Governance, ESG, CSR, Insolvency, Competition Law, Board Leadership |
| Nearby Institutions | IIM Shillong, National Law University Meghalaya, NIFT |
| Expected Accessibility Improvement | Planned new airport in Shillong |
| Start Timeline | Academic programmes to begin this financial year |
Frequently Asked Questions (FAQs)
A: The campus is intended to provide training, research, and policy advisory services in corporate governance and related areas.
A: It may contribute to skill development, entrepreneurship support, and improved administrative practices.
A: Academic and policy programmes are expected to begin in the current financial year.
A: Yes, IICA plans to engage with local institutions to design region-relevant initiatives.
A: It aligns with PM-DevINE and broader development strategies for Northeast India.
Takeaways
- The IICA regional campus in Meghalaya will focus on governance, ESG, and related studies.
- It is supported by central government funding under PM-DevINE.
- The project contributes to academic and administrative development in the region.
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