News > Will Budget's staggering cuts for IIMs impact India's premier b-schools?

Will Budget's staggering cuts for IIMs impact India's premier b-schools?

Indian Institutes of Management (IIMs) which often find themselves in the upper crust of all business schools in the country are faced with a staggering cut in this budgetary session. Experts assess that halving funds could pose a larger problem for the six new or baby IIMs which have been set up by the centre after 2015, rather than the second-generation IIMs that were established in the 2010s or the first-generation IIMs that preserve a nearly 50-year legacy.