The Union Cabinet on Wednesday cleared the proposal for the setting up of six new Indian Institutes of Management (IIMs) in the country, which will start offering courses from the coming academic session.
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 Common Aptitude Test (CAT) exam.
“It is expected that the annual intake will increase to reach a level of 560 students by the end of seven years,” an official release from the government said.
