The temporary campus of the new Indian Institute of Management (IIM) for the state of Odisha, which has been proposed in the Union Budget 2014, is expected to be set up in its capital city Bhubaneswar, according to reports. The state government will apply for central government approval to set up the temporary campus.
In July this year, the Ministry of Human Resource Development (MHRD) had sent a notification to the government for submission of a list of 3 locations for the proposed IIM. The ministry is expected to finalize one of the locations after visiting the sites. The Central government has also requested the state government to grant a 200-acre plot (litigation free) to set up the IIM Odisha, with air, road and rail connectivity as well as availability of social infrastructure.
The Union Budget 2014, presented by the Finance Minister Mr Arun Jaitley on Thursday, July 10, 2014, includes various positive initiatives for the education sector. It has allocations for six new IIMs that are planned to be established. The other new IIMs will be set up in Himachal Pradesh, Punjab, Bihar, Andhra Pradesh and Maharashtra. The governments of all the states have been advised to recommend in a time-bound manner possible locations for the IIMs, along with suggestions for temporary campuses where the session can start in July, 2015.
Several other locations are also under consideration at present for IIM Odisha, such as, Sambalpur, Cuttack, Ganjam, Khurda, Koraput, Sundargarh and Puri. A high-level committee has been constituted to look into the proposals for the possible site. The state government will take the final decision on the location based on the best interest of the state as well as the institute, as per government officials.
Candidates aspiring to appear for the Common Admission Test 2014 (CAT 2014) can also apply for the six new IIMs, according to a recent announcement by the CAT authorities. CAT 2014 will be conducted on Sunday, November 16 and Saturday, November 22, 2014.