IIM to be set up in J&K along with IIT

Q.  Which state will now have an IIM as per a Union Cabinet decision on 13th Oct 2016?
- Published on 17 Oct 16

a. Shillong
b. Ranchi
c. Raipur
d. None of the above

ANSWER: None of the above
 
IIM to be set up in J&K along with IITThe Union Cabinet on 13th Oct 2016 have approval for the setting up of an Indian Institute of Management in J&K. The institute will operate from a temporary campus at Old Government College of Engineering and Technology from 2016-2017
  • The project will cost INR 62 crore for 4 years from 2016–2020
  • Student strength intake for 2016 in the PGDP in Management is 54 which is set to shoot up to 120 in the 4th year
  • Steps are being taken for setting up the campus at Jammu and the out-campus in the Kashmir region
  • Union Cabinet has also approved the formation of an IIM Jammu Society under the Society Registration Act 1860
  • IIM Jammu will be run and managed by a Society with a board of governors constituted by GoI which will administer the Institute and manage its establishment and operationalisation
  • This decision is part of the development package of the PM for J&K– the institute is alongside the establishment of an IIT in Jammu, modernisation of NIT Srinagar and opening of 2 AIIMS institutions- one each in Jammu and Kashmir
  • Indian Institute of Management is the country’s premier institution imparting quality education in the field of management
  • Currently there are 19 IIMs.

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