Why was IIM Ahmedabad not given the Institution of Eminence tag?

The reason IIM Ahmedabad was not given the Institution of Eminence tag was that it focuses only on management studies without having prominence in any other field of study. In other words, IIM Ahmedabad specializes in one type of education and is not diversified enough to be considered a full-fledged university due to which the Institution of Eminence tag was not accorded to it.

The Institution of Eminence scheme was started by UGC and currently, 10 public and 10 private universities enjoy the tag. All the universities in this list are very much diversified academically and offer a wide range of courses; the IITs are also very well-known for their management programs apart from engineering. This is an area where IIM Ahmedabad falls short of. 

However, it should be noted that IIM Ahmedabad already possesses a wide range of special benefits such as 25% admission of foreign students and faculty, permission to conduct its classes online and it also receives funding from the government like an Institution of Eminence university would get. So the fact that it does not have the tag makes little difference.