NEW DELHI, June 24:
In good news for MBA aspirants, the Government today cleared the proposal for the setting up of six new IIMs in the country, which will start offering courses from the coming academic session itself.
The new IIMs will be located at Visakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and Amritsar (Punjab).
Each institute will start with an intake of 140 students for the post-graduate course, the flagship programme of the IIMs, admission for which will be through CAT.
“It is expected that the annual intake will increase to reach a level of 560 students by the end of seven years,” the government said in a release here after the Union Cabinet gave its nod to the proposal.
In his budget speech in July last year, Finance Minister Arun Jaitley had announced a proposal for the setting up of five new IIMs. In addition, an IIM was also proposed for Andhra Pradesh in keeping with the AP Re-organisation Act, 2014. (PTI)
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