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All full-time professors and full-time faculty will be members of the Academic Councilwhich will act as its principal academic body and will be headed by the institute's director.
Bill to provide statutory framework to Indian Statistical Institute introduced in LS
New Delhi: The Union government on Monday introduced the Indian Statistical Institute (ISI) Bill, 2026 in the Lok Sabha, proposing to repeal the 67-year-old Indian Statistical Institute Act, 1959 and replace the premier institution’s society-based governance structure with a statutory framework centred on a government-accountable Board of Governors (BoG), a move that would fundamentally alter how the institute is governed, how its director is appointed and how key academic decisions—from admissions and curriculum to new courses and collaborations—are taken
The government contends that, since the regulations are prescriptive, even small reforms require the approval of the General Body
The government contends that since the regulations are prescriptive, even small reforms require the approval of the General Body