The Centre has approved the establishment of a second Indian Institute of Management (IIM) in the northeast near Guwahati at Marabhita in Kamrup district. This significant development places Guwahati among select cities in India with premier educational institutions like IIT, AIIMS, NLU, and now IIM. Chief Minister Himanta Biswa Sarma credited PM Narendra Modi for this achievement and highlighted the rapid transformation from idea to execution.