Policy to Practice: Implementation of Indian Knowledge System in the New Education Policy: The Role of IIMs

Abstract

The government of India through the NEP (2020) renewed its thrust on the implementation of the Indian knowledge system (IKS) at all levels of education. Drawing on curriculum ideologies on social reconstruction, we study the significance of IKS in management particularly in HEIs, and the role of IIMs as unique institutions of national importance in India in gearing up the IKS ecosystem. Data collected from all the 21 IIMs in India, support our proposition. We find that the management knowledge embedded in IKS is perceived as highly significant to the contemporary world by both the West and East, particularly among the practitioners. While a few IIMs have already commenced their contribution, the opportunities in the domain are greater than what has been explored thus far.