The second-generation IIMs in Ranchi, Rohtak, Raipur, Kashipur, Udaipur, and Trichy were set up by the UPA-II government in 2008. The Cabinet, at that time, had sanctioned Rs 333 crore for each institute to build their campuses.
The new website will be instrumental in furnishing details about the institute, administrative activities, programs conducted at IIM Jammu, faculties, achievements of the faculty, and the activities of student committees
Between the story of these two loans lies the story of how Khan, now 41, scripted one of the most heartwarming entrepreneurial success stories. Registered in 2013, Khan’s Ashmi Road Transport Pvt Ltd is now a Rs 400-cr-turnover company that owns a fleet of 125 trucks and hires a fleet of over 3,000 trucks a day to ferry steel and power infrastructure across the country, and even abroad.
Kamble, also the founder chairperson of the Dalit Indian Chamber of Commerce and Industry, said IIMs will give priority to bridging the gap between upgrading academics and providing human resources for industrial needs.
Before the IIM Act kicked in this January, there were no fixed recruitment rules for the post of director. However, in the last decade, a PhD along with teaching experience has been a prerequisite for the post.
With the revenue department treating IIM-Ahmedabad as a “commercial coaching centre” to levy taxes, the institute, in its letter to the ministry, has said that it is an educational institute and has always been covered under categories that are exempted from paying service tax.
The first draft of the IIM Bill had the HRD Minister as the head of the Coordination Forum, but this was dropped at the behest of the Prime Minister’s Office (PMO), which wanted the body to be chaired by an eminent person.