IIMs to submit plans to HRD ministry for raising seats

The number of seats in the coveted Indian Institutes of Management (IIMs) is set to increase substantially as the HRD ministry has asked these business schools to ponder over ways in which their intake capacity can be increased.

Union HRD minister Prakash Javadekar on Tuesday held a meeting with heads of various IIMs where measures to cater to the increasing demand of quality education in the country was discussed during the meeting, according to an official statement.

“Firstly, IIMs will submit plans for expansion of their intake capacity, so that more students get opportunity to enroll themselves in the best institutes. Directors of IIMs pondered upon the possibility of the extent of increasing the intake capacity in their respective institutes and assured of submitting the proposals at the earliest,” the statement said.

Officials sources said that presently around 20 IIMs take in nearly 10,000 students every year and HRD ministry is keen that this number be taken close to 20,000.