JK News Today
NEW DELHI, October 13 ( JKNT)
The Narendra Modi Government Thursday gave a Diwali gift to the people of Jammu and Kashmir by announcing establishment of and operationalization of an Indian Institute of Management, and initiation of the process of setting up an out-campus in Kashmir in 2016-2017.
The Union cabinet took this decision on Thursday . It has met the long-pending demand of the state, particularly Jammu region, which had been pressing for this institute of high learning and excellence for over several years.
In fact, the UPA government in 2007 promised it, but the proposal never reached its decision stage because of the politics played by then state government headed by Ghulam Nabi Azad that wanted to straddle in both the Valley and Jammu region.
As per the Union cabinet decision , the IIM in Jammu will start its operation from the current academic session from the Old campus of Government college of Engineering.
Jammuities are celebrating the fulfillment of their years-long demand . They have termed it as a “ Diwali “ gift to the people of the state.
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 4th year. Meanwhile, 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.
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 Government of India, which will administer the Institute and would be responsible for establishment and operationalisation of the Institute.
This is a part of Prime Minister’s development package for Jammu & Kashmir. The Institute coupled with opening of IIT at Jammu, modernization 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 Jammu & Kashmir.
Indian Institutes of Management are the country’s premier institutions imparting best quality education in management on globally benchmarked processes of education and training in management education and allied area of knowledge.
At present, there are nineteen IIMs. Out of these, thirteen IIMs are located at Ahmedabad, Bengaluru, Kolkata, Lucknow, Indore, Kozhikode, Shillong, Ranchi, Raipur, Rohtak, Kashipur, Trichy, Udaipur. Another six IIMs which have been started in 2015 are located at Amritsar, Sirmaur, Nagpur, Bodhgaya, Sambalpur and Vishakhapatnam.