FM Nirmala Sitharaman virtually interacts with several Universities of United States
By Our Correspondent, 23/04/2022, New Delhi

Finance Minister Nirmala Sitharaman today virtually interacted with several distinguished United States Universities to explore the opportunities of setting up foreign universities and institutions at GIFT City. Representatives of 14 US Universities took part in the virtual interaction.

Recognizing the inherent potential of the International Financial Services Centres (IFSC), the budget announcement paved the way for allowing world-class foreign universities to offer courses in Financial Management, FinTech, Science, Technology, Engineering and Mathematics in GIFT City.

The Finance Minister spoke about the win-win opportunities for the financial services industry as well as the foreign universities operating out of IFSC.

She said, as IFSC acquires critical mass with growing concentration of financial services industry, demand for high-quality human capital is expected to increase significantly. She added, that foreign universities in IFSC could contribute towards addressing this demand.