The Indian Institute of Management -IIM- Ahmedabad has increased fees for its flagship Post Graduate Programme (PGP) in Management and Agri-Business Management by 5.5 per cent from the next academic year. The decision was taken at the meeting of Board of Governors of IIM-Ahmedabad held on yesterday. Professor Samir Barua- Director of IIM-A announced that the course fee for the Post graduate Programme for executives (PGPX) has also been hiked by five per cent from the next academic year. Our Ahmedabad Correspondent reports, with this hike, the course fees for the PGP and PGPX programme would approximately be around Rs.14.5 lac and Rs.21 lac respectively. Last year also, the IIM-A had hiked the course fees for its flagship PGP in management and agri-business management by 9.6 per cent.