Archive · 28 May 2025
IIM Ahmedabad Launches Scholarship Funded by Narayana Murthy
Imagine a special award at a school called IIM Ahmedabad, given to the smartest student each year.
A generous person named Narayana Murthy, who used to be in charge of the school, is paying for this award.
It's like a special gift, worth a lot of money, and it will go up in value over time to keep up with the cost of things.
This award is to remember a professor who helped Mr. Murthy when he was younger.
It's to encourage students to work hard and do well in their studies.
IIM Ahmedabad launched the Professor Jaswant G Krishnayya Merit Scholarship.
The scholarship is inflation-adjusted.
Narayana Murthy funded the scholarship with an estimated Rs 12 crore over 20 years.
The scholarship is for PGP students with the highest CGPA in their first year.
The scholarship honors Professor Jaswant G Krishnayya.
- Who
- Narayana Murthy, former IIMA Chairperson, funded the scholarship.
- What
- IIM Ahmedabad launched an inflation-adjusted merit scholarship.
- When
- Effective from the current year; Funded for the next 20 years.
- Where
- IIM Ahmedabad.
- Why
- To promote academic excellence and honor Professor Jaswant G Krishnayya's impact.
- Scholarship Name
- Professor Jaswant G Krishnayya Merit Scholarship
- Institution
- IIM Ahmedabad
- Funding Source
- Narayana Murthy
- Total Endowment
- Rs 12 crore (estimated)
- Adjustment
- Inflation-adjusted
- Eligibility
- Highest CGPA PGP student (1st year)