The Indian Institute of Management Ahmedabad (IIM Ahmedabad) announces a new scholarship worth Rs 12 crore, supported by Infosys Founder Narayana Murthy. The scholarship is designed to assist students from economically weaker backgrounds and ensures continued financial support by adjusting for inflation every year.
The aim is to make quality management education more accessible and equitable. The scholarship covers tuition fees and living expenses, easing the financial burden on meritorious students. It applies to both current and future students based on financial need and academic merit.
IIM Ahmedabad states that the scholarship amount is reviewed annually to keep up with the rising cost of education. Narayana Murthy’s contribution reflects his long-standing support for inclusive education. The institute believes this move will attract and retain bright minds regardless of their economic background.
Key Highlights
- Rs 12 crore scholarship announced by IIM Ahmedabad
- Funded by Infosys Founder Narayana Murthy
- Fully inflation-adjusted to match rising costs
- Covers tuition fees and living expenses
- Aims to support economically disadvantaged students
To learn more about eligibility, application steps, and scholarship details, visit the official IIM Ahmedabad website.