Indian Institute of Management Lucknow, also famous as IIM Lucknow, may get fully autonomous status soon. It is assumed after Indian Institute of Management (IIM) Ahmedabad got autonomous status by the Government of India. Both the institutes are considered among the top management institutes, which are running the country.

If IIM Lucknow gets the autonomous status, then it would become financially independent. In other words, the management institute will gain financial autonomy to purchase and sell assets without the approval of government. Furthermore, IIM Lucknow will gain the authority to elect its own director.

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