The government's plan to set up four new Indian Institutes of Management may not materialise this year due to bottlenecks which include land acquisition problems and shortage of faculty.The Ministry of Human Resource Development had stated its intention to establish seven new IIMs. Four of the premier institutes were to be set up in Tiruchirappalli (Tamil Nadu), Ranchi (Jharkhand), Raipur (Chhattishargh) and Rohtak (Haryana) in 2009-10.
