Shillong, Apr 20 (UNI) IIM Shillong will begin its first academic session from June, with 22.5 and 27 per cent reservation for SC/ST and OBC students, respectively official sources today said.
The institute, christened as Rajiv Gandhi Indian Institute of Management (RGIIM) here, will get a grant for non-recurring expenditure of Rs 120 crore over a period of five years and Rs 45 crore for recurring expenditure over a period of six years.
It will be the seventh IIM of the country.
The Meghalaya government provided 120 acres land for setting up the permanent institute at Mawdiangdiang village, the proposed new Shillong satellite township.
The institute will offer the course in its temporary building at North Eastern Hills University's Mayurbhanj campus, Nongthymmai.
''There would be 22.5 per cent reservation for SC/STs and while OBCs would get 27 per cent as per Supreme Court ruling. Disabled students would get three per cent reservation,'' Officer on Special Duty in-charge RGIIM, V Anand told UNI here.
He said the interviews of the selected students will be conducted towards the end of this month.
The institute will accommodate 60 students, including those belonging to the Scheduled Castes and Scheduled Tribes, as per the new reservation policy.
Mr Anand said the RGIIM will conduct courses with post-graduate diploma in business management, fellowship programme in management, management development programmes, tourism and hospitality management, tele-services and telemedicine, information systems and technology and subjects of local relevance such as tourism, horticulture and hydel power.
Union Human Resource Development Minister Arjun Singh, who laid the foundation stone of the country's seventh Indian Institute of Management (IIM), said that there would be no dilution in the standard of the seventh IIM Shillong.
''I see no dilution in the IIM, Shillong, though it is being set up in the North Eastern state,'' Mr Singh said.
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