shillong

Union Human Resource Development Minister Arjun Singh Saturday laid the foundation stone of the country's seventh Indian Institute of Management (IIM) here.

Speaking at the ceremony, the minister said, 'The launching of this institute would contribute to the manpower of tomorrow, not only in the northeast, but also in the whole country and abroad.'

The institute - christened Rajiv Gandhi Indian Institute of Management - is the seventh IIM in the country after Ahmedabad, Bangalore, Kolkata, Lucknow, Indore and Kozhikode.