Union Human Resources Development (HRD) Minister Ramesh Pokhriyal ‘Nishank’ on Monday performed the groundbreaking ceremony of Indian Institute of Management (IIM) Amritsar for its permanent campus at Manawala.
Pokhriyal emphasised the use of management in everyday life and in various other fields. He also emphasised how IIM Amritsar could help India in achieving its dream of becoming five trillion dollar economy.
At the same time, the Union Minister assured the students to expedite the construction of the permanent campus and promises to cooperate in its process.
Punjab Cabinet Minister Tripat Rajinder Singh Bajwa, while addressing the students during the event, assured all cooperation with the Central Government to build the permanent campus of the 15th IIM in the country at Amritsar.
The new permanent campus of the IIM Amritsar will be built up in an area of approximately 60,000 square metres and will be comprised of world-class infrastructure, state-of-the-art facilities in the library, academic block and the hostels.
It would have capacity to accommodate 575 students in the hostel while serving food for more than 600 students in the mess. The new campus would also include 90 faculty houses and 600-seater auditorium which can be used for multiple activities and events.
An amount of Rs 350 crore has been sanctioned for the first phase of construction of the permanent campus and Rs 250 crore has been sanctioned for the next.