The land must be free from litigation and should be situated in a city that has better rail, road and air connectivity, Ashok Thakur, secretary with the central ministry said in the letter.
The state government should suggest names of 2-3 cities for establishment of the premier management institute. After the receipt of the names, a site selection committee would visit the state to finalise a location, Thakur added.
Also Read
Sources said, Bhubaneswar is a front runner for establishment of the IIM as the city has better infrastructure and connectivity than any other cities of the state. Besides, it also houses Xavier Institute of Management, Bhubaneswar (XIMB), one the premier B-school of country.
Meanwhile, demand is growing from the residents of other towns in the state, such as Berhampur, Rourkela or Balangir for location of this premier institute at their city respectively. The government is yet to take any call on the matter.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
