After two years of negotiations, parliament and the union cabinet finally approved the setting up of 16 central universities in states where there is no such varsity till date. While the government was making proposals on how to fund these new institutions, the Jammu region and the Kashmir valley were at loggerheads over the location of a central university in the state. After days of widespread protest and virtual division of the state, the government decided to open two central varsities in Jammu and Kashmir and dropped the idea of an IIM there.
rounak