Patna, May 26 (UNI) Vice-President Mohammad Hamid Ansari will visit the state capital in the first week of June for the formal launch of the Chandragupta Institute of Management (CIMP), being set up on the line of the country's most presitigious Indian Institute of Management (Ahmedabad).
Official sources said here today that Bihar Chief Minister Nititsh Kumar met the Vice-President at his official residence in New Delhi yesterday and invited him to inaugurate the institute.
The sources maintained that the CIMP will start its regular classes from the makeshift campus at Hindi Bhawan here, from the first week of July this academic session.
Initially, the institute will start with 60 students and the admission procedure for the same is in progress through the Common Admission Test (CAT), sources said, adding that 50 per cent seats at the institute will be reserved for the students of the state.
The sources further said the institute will start with 10 permanent faculties and have provision for five specialised research centres for Micro-Enterprises Management, Social Entrepreneurship, Agri-Business Management, ICT Development and Water Management.
The institute will have quality faculty selected by a committee of the IIM(A), headed by its former Dean P M Shingi. Mr Mukunda Das has been appointed as the first Director of the institute, sources informed.
The state government had decided to develop Mithapur in the southern part of the city as the education hub in the state capital and also earmarked 20 acres of land to the institute alongside the Chanakya National Law University (CNLU) in the proposed hub.
Mithapur will be developed as the main education zone of the state for which 100 acres of land have been approved, sources said.
The state government intends to establish the CNLU, CIMP, NIFT, Aryabhatt Professional University and a Centre of IGNOU on the sprawling campus, sources added.
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