Jammu is set to get an Indian Institute of Management (IIM) from the current academic session as part of the Prime Minister’s development package for Jammu and Kashmir.
An out-campus will be set up in the Kashmir region later.
The Union Cabinet on Thursday approved the establishment and operationalisation of IIM at Jammu in a temporary campus at Old Government College of Engineering and Technology from the Academic Year 2016-17.
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.
“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,” an official statement said after the Cabinet meeting.
