Ministry of Education
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Memorandum of Understanding (MoU) between Rashtriya Raksha University, Lavad, Gandhinagar and NSE IX and NSEICC

Posted On: 19 JUL 2024 5:28PM by PIB Ahmedabad

Rashtriya Raksha University, Lavad, Gandhinagar and National Stock Exchange International Exchange (NSE IX) and National Stock Exchange International Clearing (NSEICC) officially signed a Memorandum of Understanding (MoU) aimed at fostering cooperation and innovation in the field of economic and financial security. The MoU was signed between the dignitaries of RRU, Gandhinagar and NSE IX and NSEICC during a physical ceremony held at the RRU Campus in Lavad, Gandhinagar.

Professor (Dr.) Kalpesh H. Wandra, Pro Vice-Chancellor of RRU, highlighted the interconnectedness of economic stability and national security, and emphasized how NSE IX has played a crucial role in bridging this gap. The recent market milestones and the ever-growing research initiatives in the field of financial market research and policy advocacy are a testament to NSE IX’s pivotal position in the Indian economy. He stated that this MoU combines the expertise of RRU and NSE IX to deliver upskilling and training programs in areas including economic crimes, forensic accounting, cybercrimes, financial regulations, and technological achievements. Through this MoU, we aim to conduct collaborative research projects, design and execute joint online and offline certification programs, and facilitate capacity building for students and faculty.

Shri Ashishkumar Chauhan, MD & CEO of NSE, highlighted India's robust financial growth and the NSE's pivotal role in it. He said that India boasts the world's fourth-largest market capitalization and has defied economic norms with rapid expansion. He highlighted NSE's key role in India's financial independence and its robust growth since inception in 1994, marking a 110% increase in market operations. Emphasizing NSE's commitment to fostering youth entrepreneurship, Mr. Chauhan highlighted the exchange's role in raising significant capital, propelling India towards further economic acceleration in the coming years.  He also stated that the partnership between RRU and NSE IX and NSEICC will be a strategic alliance aimed at creating a resilient framework to tackle modern economic and financial threats.

About Rashtriya Raksha University:

Rashtriya Raksha University, an Institution of National Importance in India, is a pioneering National Security and Police University under the aegis of the Ministry of Home Affairs, Government of India. The University aims to establish an academic-research-training ecosystem dedicated to national security and police education. Its efforts are focused on providing highly professional education, conducting research, and delivering training through a qualified faculty comprising civilians and security experts.

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