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Invitation for Proposals : Independent Director's Databank

Dear Sir/Madam,

Greetings from the Indian Institute of Corporate Affairs (IICA), a think tank of Ministry of Corporate Affairs (MCA) – Government of India (GoI).

We all are aware that MCA is committed to bring continuous improvement in ease of doing business, ensuring market integrity and expanding corporate governance landscape to increase overall confidence of Investors. Corporate Governance through strong frameworks can help in achieving all these objectives.

Independent Directors (IDs) are considered as the 'Agents of change' for bringing value to the board with their diverse and cross-functional professional skills. To strengthen and empower the Independent Directors further, MCA has entrusted IICA to institute a databank for Independent Directors. The databank can be accessed at http://www.independentdirectorsdatabank.in

The main objective of databank is to create a pool of existing and aspiring Independent directors for their professional development. It aims to empower and build capabilities of empanelled IDs by helping them in acquiring expertise, knowledge and skills through E-learning courses, regular newsletters, research and publications, Video bytes, research reports and a number of contemporary learning initiatives.

The practice of the profession of independent directorship requires a sound understanding of frameworks and practical skills to cope up with challenges the boards face. Also the practice of Independent directorship as a profession requires developing multi-dimensional and interdisciplinary skills.

To address this, IICA has instituted a research scheme for providing research grants to academicians and industry professionals / practitioners. The purpose is to engage with the research based inquiry into various contemporary topics/areas relevant for the functioning of IDs and the boards.

Proposals are invited from academicians and professionals on a rolling basis for consideration. In first round the proposals received upto 31st July, 2020 would be considered. The brochure containing the details of the scheme and the submission guidelines are attached for reference.

With Best Regards

Dr Niraj Gupta
Head, School of Corporate Governance and Public Policy &
Nodal Officer, Centre for Independent Directors
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