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    Patna, June 11 : Vice-President Mohammad Hamid Ansari   Wednesday inaugurated the Chandragupta Institute of Management Patna (CIMP), a   business school on the lines of the prestigious Indian Institutes of Management   (IIMs). 
 Ansari described the CIMP as a big step for modern education.   Classes at the institute will begin from the makeshift campus at Hindi Bhawan   here from the first week of July. It will initially have a batch of 60 students. 
 
    
    
    
    
 
 CIMP director V. Mukunda Das last month said IIM-Ahmedababd (IIM-A) had   agreed in principle to support CIMP with its technical expertise in setting up   the library, although a formal announcement was yet to be made by the   authorities in this regard.
 
 Like the IIMs, the proposed institute will   offer MBA and other management degrees. Admission to it will be through the   Common Admission Test (CAT).
 
 A group of alumni and faculty of IIM-A, who   hail from Bihar, have helped the state government establish the CIMP. The state   government had already earmarked 20 acres of land to build the   institute.
 
 The vice president, who is on a two-day visit to Bihar, was   received at the Jai Prakash Narayan International airport by Governor R.S. Gavai   and Chief Minister Nitish Kumar and given a guard of honour.
 
 Ansari was   scheduled to attend a function at Imarat-E-Sharia, an influential Muslim body,   in Phulwarisharif Wednesday evening.
 
 On Thursday, he will visit the   Mahabodhi temple in Bodh Gaya.
 text of the Vice President's speech...
        
  
    
    
    
    
    
     
    
    
           Comments... Nitishji and his team are trying hard to improve all types of infrastructure   facilities like Road, Power, Education, Banking, Housing, Urban Development etc.   in the state but due to poor financial resources their effort are not producing   quick result. 
 To solve the problem of financial resources Nitishji and   his team should concentrate on incorporation of new companies with public   funding (IPOs) like :
 
 Bihar Infrastructure Development Limited
 -To   handle and coordinate all infrastructure related work with integrated   development approach of the state.
 
 Bihar Banking & Finance   Limited
 -To manage the problem of agricultural credit & small business   finances.
 
 Bihar Cargo & Logistics Limited
 -To handle speedy   movement of agricultural & industrial products across the country and   abroad.
 
 If Nitishji & his team succeeds in incorporation and listing   of these companies in the capital market in near future, it will be very easy   for foreign investors (FIIs) to enter in the state through equity participation   in these companies.
 
 Once the problem of finance get solved, the economy   of the state will start its journey towards new trajectory of economic   growth.
 
 Sanjay K.   Singh
 E-mail : sanjay801@rediffmail.com
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                    It is indeed a very good and positive step towards   the upliftment of higher education in the state.Nitish Kumar has been trying   hard to improve the education environment in the state ,which was in a pathetic   situation when he took over from the previous government.I am sure going forward   ,the alumini of IITs and the IIMs who are from Bihar will come forward more   frequently to help in rebuilding Bihar .I am sure our state will definitely   regain its lost glory if we all work towards its development and help Nitishji   in his efforts. 
                      Arun Sinha arun.sinha@allegroadvisors.com ------------------------------- |   Keep the goooooooooood work on Nitishji. Now we r thinking 2 return 2 our state   & work comfortably under ur safe administration & advancement in   Education, upliftment of down trodden. I m sure u'll bring Bihar back on the map   of INDIA & WORLD. CONGRATS Fazl ur Rahman rahmanf1944@hotmail.com ------------------------------------------------------------Referring to the inauguration of Chandragupta Institute of Management Patna   (CIMP) by Shri Mohammad Hamid Ansari, the Hon'ble Vice President of India is   certainly a beginning of new era. 
 I can hope that under the wise   leadership of Nitish Kumar Jee, Bihar State will certainly back on track. The   past was tremendous and bright, then present became dark and now dark cloud is   slowly clearing, making the way for smooth movement of developoment of   Sagar.
 
 Further, I would wish to draw the attention of Shri. Ansari's   speech when he mentioned "scratch".  Really, Nitishjee started his work from   scratch. There was hardly anything left for him.  I am sure Bihar State will   surely transformed to the path of development and no doubt, one day it would be   again considered great place for seat and learning when students, pupils from   all-over the world will travel to our place in search of knowledge and bright   future.
 
 My heartiest congratulations to all including Nitishjee and   those who worked tirelessly in order that in a very short time-span, at least,   CIMP inaugurated by Shri. Ansari successfully.
 
 Well Done   Nitishjee!
 
 Mohammad Yasar Imran
 Muscat, Oman
 
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