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  India   Jammu to get IIM, with out-campus in Kashmir

Jammu to get IIM, with out-campus in Kashmir

AGE CORRESPONDENT
Published : Oct 14, 2016, 2:27 am IST
Updated : Oct 14, 2016, 2:27 am IST

As part of Prime Minister Narendra Modi’s development package for Jammu and Kashmir, the Union Cabinet gave its approval on Thursday for setting up the country’s 20th Indian Institute of Management (I

As part of Prime Minister Narendra Modi’s development package for Jammu and Kashmir, the Union Cabinet gave its approval on Thursday for setting up the country’s 20th Indian Institute of Management (IIM) at Jammu from the current academic session. It would further be expanded to an out-campus in Kashmir region.

Union HRD minister Prakash Javadekar told reporters that the Cabinet approved the modernisation of infrastructure in NIT-Srinagar campus will now begin as funding of `100 crore has been approved for the purpose besides a Rs50-crore project for seven hostels for girl students — three in Jammu region, three in the Valley and one in Leh.

The Cabinet chaired by the Prime Minister appr-oved the establishment and operationalisation of IIM at Jammu in a temporary campus at Old Government College of Engineering and Technology from the Academic Year 2016-17.

“I am happy that the 20th IIM has been approved by the Cabinet today. We have already started the academic session because the announcement for its operationalisation from 2016-17 session was made in the budget itself,” Mr Javadekar said. “In around 67 years of independence, 13 IIMs were set up while seven new IIMs have been set up in the past two years only,” he said.

The project will involve a cost of Rs 61.90 crore in temporary campus for the initial four years from 2016 to 2020.

The student strength intake for this year in the post-graduate diploma programme (PGDP) in management is 54 which will progressively go up to a cumulative student strength of 120 in the fourth year.

“Steps would also be taken up for setting up campus at Jammu and an out-campus in Kashmir region. The detailed project report for the permanent campuses is under preparation and thereafter the process for setting up of the campuses would start,” an official statement said.

“This is a part of Prime Minister’s development package for Jammu and Kashmir. The institute, coupled with opening of IIT at Jammu, modernisation of NIT Srinagar and opening of two new AIIMS institutions, one each in Kashmir region and Jammu region, would go a long way in meeting the requirement of high quality living and education in the state,” the statement said.

The Cabinet also approved formation of an IIM Jammu Society under the Societies Registration Act, 1860. IIM Jammu will be run and managed by the Society with a Board of Governors (BOGs) to be constituted by the central government which will administer the institute and would be responsible for establishment and operationalisation of the institute. At present, there are 19 IIMs operational in the country.

Location: India, Delhi, New Delhi