XIMB to get government support of 20 crores for its campuses in Balangir and Sambalpur
Update: Following are excerpts from a report in Telegraph.
“It (the additional centre) will either be in Sambalpur or Bolangir. We might even open centres in both cities. This will depend on where the state government provides land. Once that is over, we will sign a memorandum of understanding with the state government,” said XIMB director Father P.T. Joseph.
… “We are just waiting for Naveen Patnaik’s approval. We can start work on the new centre as soon as we receive his approval,” he said.
… “The management college will come as succour to students aspiring for quality higher education in the neglected areas of western Orissa. Centres of XIMB will come up at both Bolangir and Sambalpur. We are in the process of finalising the land plots. The state government has already sanctioned Rs 10 crore for the project,” said Singh Deo.
Update: Following is from Samaja.
Following is from tathya.in.
… XIMB will open two Centers in Balangir and Sambalpur in Western Odisha to provide Higher Education in Management.
… Both for Balangir and Sambalpur Centers of XIMB, the State Government will provide Rs.20 crore grant from the kitty of Western Odisha Development Council (WODC), said sources.
The proposal was sent to the Chief Minister by Ananga Udaya Singh Deo, Minister Planning & Coordination and Public Enterprises.
… Chief Minister Mr.Patnaik, who is eager for balanced growth of the entire state, favored the idea and has approved the proposal, said a senior mandarin in the Department of Planning & Coordination.
Chief Secretary Tarun Kanti Mishra has also favored the idea of supporting XIMB as the top notch B-School is opening its branches at Balangir and Sambalpur.
This is really a good development. There are several other developments which together provide several lessons.
- Silicon started in Bhubaneswar and last year it opened a branch in Sambalpur. Its branch in Sambalpur was funded by a Silicon Valley group which is now planning to pump 150-300 crores to develop Silicon University which will benefit both its Bhubaneswar and Sambalpur operations.
- GIET Gunupur is the first of the Gandhi institutions and the group now has many colleges including ones in Bhubaneswar, Berhampur and Rayagada.
- IIT Bhubaneswar will have an additional marine campus in a location away from Bhbaneswar.
- Hi-Tech sarted its first medical college in Bhubaneswar. It is now making a medical college in Rourkela.
There are two lessons one can draw from this.
- Private institutions of education are playing and will continue to play important role in the state and people wanting to develop their area should themselves get involved in establishing institutions. This is in addition to pursuing the government which every citizen has the right to pursue.
- Development in the state will spread from one area to other. The key is to let development happen without delay. The more it is delayed in one location, it will result in more delay in the rest of the places. For example, a successful Vedanta University in a location would lead to additional branches in other locations. The key is to let the first campus be operational at the earliest.
17 comments July 7th, 2010