East Wing: Front view of the RGIIM Shillong building, carved out of Mayurbhanj Palace in the old North Eastern Hill University (NEHU) campus inside Shillong city |
The seventh IIM goes live!
When the Maharaja of Mayurbhanj in Orissa chose Shillong to build his summer retreat palace, little did he know that a less than a century later, it would house an Indian Institute of Management.
On July 4, 2008, the Chief Minister of Meghalaya officially inaugurated the country's seventh IIM in Shillong, named after Rajiv Gandhi. Earlier, the Meghalaya state government had announced a non-recurring grant of Rs 120 crore for the institute to be used over a period of five years and an additional Rs 45 crore for recurring expenditure over a period of six years.
Classes had already begun at the Mayurbhanj Palace campus inside the North Eastern Hill University, barely 20 minutes from the Shillong city center. As it went for all previous IIMs, this is only a temporary campus and a brand new campus is up for construction at a site about 20 kms from Shillong.
RG IIM, Shillong was first formally announced in November, 2007 after a prolonged media speculation on which city would have the next IIM. The last IIM set up before this was IIM Indore in 1998.
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