After the announcement of an Indian Institute of Management (IIM) for Punjab by union finance minister Arun Jaitley in the annual budget, the Punjab government searches for a 200-acre premises for setting up of the prestigious institute in Amritsar district.
Officials of the state government have entered into a search mode after receiving a letter from the Centre, asking for a 200-250 acre premises in Amritsar for the institute.
What’s more, the Centre wants the land to be provided by the Punjab government and the institute will be constructed by the union government.
Amritsar deputy commissioner Ravi Bhagat has recently constituted a Site Selection Committee to look for options.
Bhagat told Hindustan Times: “We have received a communication, stating that the union government wants a 200-250 acre premises for setting up an IIM in Amritsar district. It further stated that the land for the project was to be given free of cost and the construction would be carried out by the union government.”
“Since the required land is big, we have formed a committee, which is looking into the options available. We are also planning to take panchayat land, if available, he added.
On the question of the location of the proposed IIM, the DC said: “The location of IIM entirely depends on the site available for the construction. It’s too early to say that it will be built in the city or in the outskirts.”
“Once finalised, we will inform the government. However, its time taking process, as even after finalising the land, its acquisition takes a lot of time,” Bhagat added.
Soon after Jaitley, who lost from Amritsar in the parliamentary polls, announced an IIM for Punjab in his budget, Punjab chief minister Parkash Singh Badal declared that the proposed IIM would be set up in Amritsar.
In his budget, Jaitley — who lost to Congress candidate and for mer Punjab chief minister Captain Amarinder Singh — also announced to bring Amritsar under the ambit of ‘Smart City Project’ and provided grants under the Heritage City Scheme.