Citizens' Issues
Six new IIMs to come up across India

The new IIMs would come up at Vishakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and Amritsar (Punjab)

 

The union cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to set up six new Indian Institutes of Management (IIMs) across the country.
 
The new IIMs would come up at Vishakhapatnam (Andhra Pradesh), Bodh Gaya (Bihar), Sirmaur (Himachal Pradesh), Nagpur (Maharashtra), Sambalpur (Odisha) and Amritsar (Punjab).
 
"These new IIMs will begin functioning from assigned temporary campuses and shift to their permanent sites after construction of their campuses is completed," IT and Communications Minister Ravi Shankar Prasad told the media after the cabinet meeting.
 
He said it was intended that the six new management institutes will commence their first academic session from 2015-16.
 
Each institute will start with an intake of 140 students in the Post Graduate Programme (PGP) courses, Prasad said, adding that the annual intake will increase to reach a level of 560 students each year by the end of seven years.
 
Admission to the post-graduate programme in management, which would be the flagship programme of these institutions, will be through the Common Admission Test (CAT) being conducted by the IIMs.
 
Finance Minister Arun Jaitley in his 2015-15 budget speech made a commitment to establish five new IIMs in Bihar, Himachal Pradesh, Maharashtra, Odisha and Punjab.
 
In addition, the reorganisation of the state of Andhra Pradesh into the two states of Andhra Pradesh and Telangana has necessitated the setting up of an IIM in Andhra Pradesh.
 

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COMMENTS

ramchandran vishwanathan

1 year ago

I wish the Government focusses on basic Primary education & incorporates changes there making it more relevant to our times.

192 countries celebrated International Yoga Day
A total of 192 nations, including 44 Islamic countries, celebrated the inaugural International Yoga Day on June 21, it was announced on Wednesday.
 
"The (union) cabinet was briefed that out of 193 countries (that are members of the UN), 192 countries (except Yemen) celebrated Yoga Day, including 44 Islamic countries," Press Information Bureau director general Frank Noronha tweeted.
 
International Yoga Day was part of Prime Minister Narendra Modi's initiatives to popularise yoga across the world. 

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COMMENTS

Vaibhav Dhoka

1 year ago

Applauds for our Honorable Prime Minister.

'Consumer demand to force companies to change business rules'
EMC corporation, provider of IT storage hardware solutions, in a study released on Wednesday said that mega trends of social, mobile, analytics and cloud (SMAC) have changed consumer expectations, thereby forcing companies to change business rules.
 
According to the report, globally nearly 96 percent of business leaders surveyed believes that new technologies have changed the rules of business. In addition, 93 percent reported that recent technology advancements are resetting customer expectations and nearly all leaders say this will accelerate over the next decade.
 
"The top reported consumer expectations are faster access to services, 24/7 and everywhere access and connectivity, access on more devices and a more unique personalised experience," said Amit Mishra, country manager at the Isilon storage division of EMC corporation.
 
The report also identifies five make or break business attributes that would be the result of the digital drive among consumers and claims that emphasising on the attributes would aid the company from being disrupted. The attributes include predictively spotting new opportunities in markets, demonstrating transparency and trust, innovating in agile ways, delivering unique and personalised experiences and operating them in real-time.
 
The report also reveal that nearly 76 percent of businesses in India think that the mega trends of SMAC have changed consumer expectations. As per the report, though Indian businesses exhibit a high degree of importance towards the identified attributes, they admit that they are not future ready.
 
"While 79 percent of Indian organisations understand the importance of delivering a unique and personalised experience organisation wide, only 36 percent of business leaders say their organisation can act in real time, and a further significant portion (48 percent) say they can do so, but not always with the insights that they need," Amit Mishra added.
 
"Also, 88 percent of business leaders say they are demonstrating transparency and trust organisation-wide and 89 percent of organisations expressed a desire to innovate in an agile way," he added.
 
The research was conducted by Institute for the Future and Vanson Bourne on behalf of EMC. Vanson Bourne surveyed 3,600 business leaders across 18 countries from mid-size to large enterprises in nine industries to determine top business imperatives required for success in the current day scenario and over the next decade. 
 
Institute for the Future led the creation of the study to identify and forecast the imperatives and shifts in the new digital world.
 

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