A meeting chaired by higher education secretary Satya Narayan Mohanty, which comprised of directors of the six old IIMs and the secretaries in charge of technical education in the six states of Odisha, Bihar, Andhra Pradesh, Maharashtra, Punjab and Himachal Pradesh, was held to review the progress of the setting up of the new IIMs as proposed in the last budget. Each of the six states were asked to allocate 200 acres free of cost, preferably in a location that has air connectivity. According to an HRD department official, the states have been given a deadline to zeroin on a site before the Common Admission Test (CAT), which is to be conducted on the 16th and 22nd November.
Also, the Centre will inspect the site before accepting the state's choice. The existing IIMs will mentor the new IIMs to help them establish and become premier institutes. Faculty members from the mentor IIMs will manage the institutes until they get their own faculty members, also the examinations at the new institutes will be conducted by mentor institutes. Every state government except for Punjab has suggested a site for the permanent campus. All of the newly proposed IIMs will have 50 seats for the (PGP) postgraduate programme, which will take the existing tally of the number of IIM seats in the country to 4,300 from 4,000 seats.
According to an IIM director, attracting good faculty would be a major problem as the seven IIMs started during the last six years are suffering from faculty shortage up to 50 per cent. Also, the new IIMs do not offer academic ambience and suitable remuneration.
Apart from the six new IIMs, five new IITs are slated to come up in the states of Jammu and Kashmir, Chhattisgarh, Goa, Andhra Pradesh and Kerala next year. The states have been asked for 500 acres of land each. A meeting of the technical education secretaries of these states and the directors of the five older IITs will be held in November to review the progress in setting up the new institutes.