Panel proposes one IIM institute in each state

New Delhi: The Parliamentary Standing Committee on Human Resource Development (HRD) has suggested setting up at least one Indian Institute of Management (IIM) in each state and increasing the number of seats in existing IIMs.

There are six IIMs currently in the country at Ahmedabad, Bangalore, Kolkata, Lucknow, Kozhikode and Indore.

The government should create more opportunities for students in the country by opening at least one IIM in each state and increase the number of seats in existing IIMs, the Standing Committee on HRD said in its report.

Noting that almost 15 to 20 per cent of the faculty posts were lying vacant in the IIMs, the committee said the vacancies that would arise due to retirement of existing faculty members could always be monitored in advance and steps taken to fill them as soon as they arose.