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NOTE:
The Ministry of Corporate Affairs has established the Indian Institute of Corporate Affairs (IICA) at IMT, Manesar (Haryana) to function as a holistic Think-Tank, Capacity Building and Service Delivery Institute to help Corporate Growth, Reforms & Regulations through synergized knowledge management, partnership and problem solving in a One-Stop-Shop mode.
The Institute was inaugurated on 13th April, 2012 and since then it has become fully functional through its various Schools and Centres.
Since its inception the Government has released Grants-in-aid of ₹ 45.71 crore to the IICA, so far, as per the following details:
Sl. No | Financial Year | Amount released (Rs. in Crore) |
1. | 2008-09 | 2.70 |
2. | 2009-10 | 3.00 |
3. | 2010-11 | 5.37 |
4. | 2011-12 | 3.00 |
5. | 2012-13 | 8.00 |
6. | 2013-14 | 18.23 |
7. | 2014-15 | 5.41* |
Total | 45.71 |
This information was given by Smt. Nirmala Sitharaman, MoS in the Ministry of Corporate Affairs in written reply to a question in the Lok Sabha today.