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    Home»Business»IICA Northeast Campus: ₹100.95 Cr Move Boosting Growth
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    IICA Northeast Campus: ₹100.95 Cr Move Boosting Growth

    Tarun RajputBy Tarun RajputJune 3, 2025No Comments4 Mins Read0 Views
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    New Delhi [India], June 3: With the purchase of land in Meghalaya to open its very first regional campus in the Northeast, the Indian Institute of Corporate Affairs (IICA), which is a ministry of the Ministry of Corporate Affairs, has made history in an apparent attempt towards regional empowerment and decentralised policy leadership. This move is a sign of the Centre’s attention towards inclusive growth, corporate governance, and socio-economic transformation with an outlay of ₹100.95 crore under the Prime Minister’s Development Initiative for the North-East Region (PM-DevINE).

    The new campus in New Shillong Township will be a specialist regional centre, emphasising advanced research, specialised training, and focused policy advisory services in key fields such as competition law, corporate governance, ESG, CSR, and insolvency and bankruptcy. IICA’s strategic growth is not just infrastructural; it is also philosophical, representing a shift from Delhi-centric capacity building to a decentralised, trust-based governance paradigm.

    A Strategic Step in National Capacity Building

    The ceremonial land transfer, presided over by high-ranking officials from the federal and state governments, represents a more comprehensive concept of cooperative federalism. Ms. Deepti Gaur Mukerjee, Secretary, Ministry of Corporate Affairs, and Shri Donald Phillips Wahlang, Chief Secretary, Meghalaya, emphasised how the collaboration is aiding the national agenda, such as Viksit Bharat @ 2047 and Ease of Doing Business.

    Higher government functionaries also attended the meeting, including the Joint Secretary of the Ministry of Corporate Affairs, Shri Inderdeep Singh Dhariwal, and the Director General and CEO of IICA, Shri Gyaneshwar Kumar Singh.

    Their involvement confirmed the initiative’s strong institutional support. Shri Gyaneshwar Kumar Singh affectionately described the campus as “our first baby outside Delhi, a symbol of decentralisation and empowerment.”

    His heartfelt remarks emphasised that this expansion is not just about the physical space; it beautifully symbolises IICA’s commitment to harmonising national development goals with regional aspirations.

    IICA Northeast Campus to Catalyse Regional Growth

    The IICA Northeast Campus is ideally situated in Shillong’s developing Knowledge City, which is already home to organisations such as NIFT, National Law University Meghalaya, and IIM Shillong. Knowledge sharing and collaborative innovation will be encouraged by this proximity to prestigious academic ecosystems.

    Additionally, the new airport in Shillong is expected to enhance connectivity, making it easier for academics, professionals, and policymakers from across India to visit. It is entirely in line with Prime Minister Narendra Modi’s “Transformation by Transportation” infrastructure-led development strategy.

    Prime Minister Modi has frequently praised the Northeast’s diversity and potential by referring to it as the “Ashtalakshmi of India.” Accordingly, the Shillong campus hopes to establish itself as a cornerstone institution that produces morally upright leaders and conscientious companies that can support both local and national goals.

    Supporting Local Aspirations Through National Platforms

    The symbolic and pragmatic importance of this action was emphasised by Ms. Deepti Gaur Mukerjee, Secretary at the Ministry of Corporate Affairs. She said the success of cooperative federalism is demonstrated by the Meghalaya government’s support and proactive approach. By encouraging the shared values of discipline, focus, trust, clarity, and consistency, the campus is well-positioned to spur regional leadership.

    Within the current fiscal year, academic and advisory activities are anticipated to commence, and construction is expected to begin immediately. Remarkably, IICA has already had an impact in the Northeast through prior training initiatives that engaged more than 300 professionals. By supporting regional policy frameworks and leadership development programs, the Shillong campus will expand this involvement.

    All northeastern states are already represented in IICA’s ongoing initiatives, like the Independent Director Databank, demonstrating the region’s preparedness for further incorporation into national corporate governance frameworks.

    IICA to Establish First Regional Campus in Northeast, Advancing Corporate Governance and Development

    Read More: https://t.co/7MHhMlV2Wi pic.twitter.com/IEg6g8HCCz

    — Indian Institute of Corporate Affairs (@IICAOfficial) June 3, 2025

    A Long-Term Vision for Ethical, Regional Leadership

    The Shillong expansion is intended to act as a long-term institutional anchor and is not a one-time project. Future partnerships with state universities and research organisations will guarantee that policy consultations and training initiatives continue to be sensitive to the unique needs and goals of the area.

    Shri Singh reaffirmed, “This is a declaration of our steadfast faith in the future of the Northeast, not just a campus.” The project exemplifies the fundamental principles outlined in the Prime Minister’s development agenda, Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas, a philosophy that equally emphasises cooperation, progress, unity, and trust.

    The IICA Northeast Campus is a trailblazing example of decentralised excellence in a time when strong institutions and resilient leadership are essential.

    This campus will be essential in developing professionals, forming moral businesspeople, and establishing legislative frameworks that support India’s 2047 vision as the area develops into a new growth engine for New India.

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