2 more IIMs, 1 IIT announced in Budget

Also, AIIMS will be set up in Jammu & Kashmir, Punjab, Tamil Nadu, Himachal Pradesh and Assam

The Finance Minister today said that two more Indian Institutes of Management will be set up in Jammu & Kashmir and Andhra Pradesh. This will take the total number of IIMs in the country to 20 (taking into account the new proposed IIMs). Further, in this budget speech, Arun Jaitley said that Indian School of Mines in Dhanbad will be converted into an Indian Institute of Technology (IIT), apart from setting up a a new IIT at Karnataka. Read our full coverage on Union Budget Also, a fully IT-based student financial aid authority will be set up. Under this Pradhan Mantri ...