In association with a network of academics, thought leaders and stakeholders, would submit a whitepaper on the proposed institute by this year-end. This would include proposals on the institute’s organisational structure, governance, curriculum among others.
According to a government release, the institute would require Rs 211.00 crore of investment. The government has allocated Rs 47 crore during the current financial year. The broad objectives include capacity building/training for the Indian Company Law Service (ICLS) and subordinate cadres, provision of value-added services with the implementation of MCA21 egovernance project and service delivery in areas like investor education & corporate governance.
The institute is also envisaged to serve as a think-tank for the ministry to provide a dynamic response to the changing business environment and support it in taking up initiatives that are responsive to the expectations of the stakeholders and the corporate sector. Mr S Sriram, executive director, Great Lakes, said IICA would seek to fill the gap in training and research, not being covered by the present B-schools and industry bodies. Sriram said Great Lakes in association with the North American Society for Marketing Education in India will hold an international conference in Chennai on December 21 and 22, 2007. The theme will be creating, communicating and delivering value in growing markets. Kotler-Srinivasan centre of research in marketing of Great Lakes is sponsoring the event.