Cabinet approves establishment and operationalization of permanent campus of seven new IIMs
Union Cabinet chaired by Prime Minister Narendra Modi has approved establishment and operationalization of permanent campus of seven new Indian Institutes of Management (IIMs). These IIMs will be established at Amritsar (Punjab), Bodh Gaya (Bihar), Nagpur (Maharashtra), Sambalpur (Odisha), Sirmaur (Himachal Pradesh), Vishakhapatnam (Andhra Pradesh) and Jammu.
Key Facts
These IIMs were established in the year 2015-16/2016-17 and are presently functioning from transit campuses. Each of these IIMs will construct area of 60384 Sqm, which will have complete infrastructural facilities for 600 students. The construction of permanent campus of these IIMs will be completed by June, 2021. With this, all 20 IIMs will have their own permanent campuses. IIMs are country’s premier institutions imparting best quality education in management and are recognized as world-class management Institutions and Centres of Excellence. They provide education to students to enable them to become professional managers and they will also promote economic and industrial development of the country.
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Month: Current Affairs - September, 2018