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Pranav Adani announces scholarships, bicycles for IIM Calcutta

Indian Institute of Management Calcutta (IIM Calcutta) has announced a series of initiatives aimed at supporting students, encouraging entrepreneurship and improving campus facilities.

During a recent event at the institute, Pranav Adani announced scholarships for deserving students and the donation of 200 bicycles to improve mobility across the sprawling campus. The bicycles are intended to help students, faculty members and staff move more easily within the institute’s large premises while promoting environmentally friendly transportation.

Institute officials said the scholarship programme will provide financial assistance to students and help make quality management education more accessible. The support is expected to benefit students from diverse backgrounds and reduce financial barriers to higher education.

In another major development, IIM Calcutta has introduced a new policy designed to encourage entrepreneurship among its students. Under the initiative, MBA students who receive campus placement offers will be allowed to retain those offers while taking time to pursue their own start-up ventures.

The policy gives students an opportunity to explore entrepreneurial ideas without immediately giving up the security of a job offer. If their ventures do not progress as planned within the permitted period, eligible students may still be able to join the companies that recruited them through campus placements.

Institute leaders believe the move will foster innovation and encourage more graduates to consider entrepreneurship as a career path. The policy is also expected to strengthen ties between industry and academia by supporting students who want to create new businesses and generate employment opportunities.

Education experts say such measures reflect a growing trend among leading business schools to support entrepreneurship alongside traditional corporate careers. By combining financial aid, improved campus infrastructure and start-up incentives, IIM Calcutta aims to create a more supportive environment for students.

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