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\ The Home Minister laid the foundation stone of a new\building for Institute of Archaeology (IA) here in the\presence of Culture and Tourism Minister Mahesh Sharma.\ Speaking on the occasion, Sharma termed the institute as\a gift to the city and the country and said it would be a\model institute.\ Currently, the institute is being run from a temporary\space in Lal Quila. The cost of the institute is Rs 300 crore\and it will be ready in 18 months, he said.\ IA is an academic wing of Archaeological Survey of India\(ASI) under the Ministry of Culture. PTI CORR\AAR\