The Indian Institute of Management Raipur, (Hindi: भारतीय प्रबंध संस्थान, रायपुर), also known as IIM Raipur, is a business school set up in 2010 by the Government of India at Raipur in the state of Chhattisgarh in India. It is the tenth Indian Institute of Management (IIM) in the country. It was inaugurated by Raman Singh, Chief Minister of Chhattisgarh on 11 October 2010. Raipur is the capital of the Indian state of Chhattisgarh. The classes of IIM Raipur are temporarily being conducted at the Government Engineering College(GEC), Sejbahar. The foundation stone for the new campus was laid on 5 May 2013 by the Union Minister of HRD MR. Pallam Raju. The new campus is coming up in Naya Raipur, the new capital city of the state on a budget of around 600 crores. The institute runs from the Government Engineering College campus in Sejbahar. The library at IIM Raipur subscribes to periodicals, news papers and journals like Harvard Business Review in particular. IIM Raipur subscribes to online resources such as ABI/ Inform Complete, Capitaline, EBSCO Business Source Complete, Prowess, Sciencedirect, Indiastat etc. The institute is a member of the Developing Library Network (DELNET) and the Indian National Digital Library in Engineering Sciences & Technology (INDEST). New Campus of IIM Raipur at Naya Raipur The Foundation Stone Laying Ceremony of the Indian Institute of Management (IIM) Raipur was held on Sunday 5 May 2013 at village Pota Cheriya, Naya Raipur. Dr. M.M.Pallam Raju, Hon’ble Union Minister of Human Resource Development, Government of India, was the Chief Guest of the occasion with Dr Raman Singh, Hon’ble Chief Minister presiding over the function. The campus of IIM Raipur will come up on the 200 acres of land and will be one of the finest examples of state of the art campus planned with a blend of modernity and cultural heritage of Chhattisgarh. The campus will depict modern architecture and assimilate the culture and traditions of Chhattisgarh.The foundation stone laying ceremony marked the beginning of the establishment of the campus of IIM Raipur. The first phase of the campus will be functional from 2015-16.