Briefing the media about the decisions taken in the meeting director IIM-A Prof SK Barua said that the institute would implement the 27% OBC quota in three phases, of which 6% will be implemented from the upcoming academic session. He said,
The OBC quota will be implemented from the year 2008 itself. And we will finalise on the creamy layer implementation as per the government directions. This may take a couple of weeks more to release the list of the OBC candidates, while that of the general students may be out by 1st of May.
The board has decided not to revise its fee hike. According to Barua, As the institute is offering graded fee waiver, the average fee will come to be much less than Rs.5.5 lakh per student, which will be at par with other IIMs. Hence, the institute boasts of its policy to make professional education more inclusive.