About the Research
Programme
The Department of Economic Affairs (DEA), Ministry of Finance, Government of India and the Arun Jaitley National Institute of Financial Management (AJ NIFM) entered into a Memorandum of Agreement (MoA) on 2016. Under the MoA, AJ NIFM is tasked with providing the DEA specialized legal research and technical assistance. This collaboration focuses on a comprehensive array of topics pertaining to both Indian and international financial markets. Key areas of this MoA include policy analysis and regulatory impact assessments concerning various initiatives and actions undertaken by the Securities and Exchange Board of India (SEBI).
The scope of the DEA-AJ NIFM Research Programme extends to critical examination and support in understanding the regulatory frameworks governing domestic credit agencies.
This includes, but is not limited to, analysis of legislations such as the Securities Contracts (Regulation) Act of 1956, the Depositories Act of 1996, and the Foreign Exchange Management Act of 1999. Furthermore, the program delves into the intricacies of Foreign Portfolio Investment, External Commercial Borrowings, Depository Receipts, Currency Markets, and aspects of Primary Markets Issuances. The program also encompasses a thorough examination of Mutual Funds, Alternative Investment Funds, the Corporate Bond Market, Financial Literacy, and the Takeover Code Regulations, along with all other regulatory guidelines under the SEBI Act of 1992.
To support these research endeavors, AJ NIFM has established a state-of-the-art academic resource and finance laboratory at its Faridabad campus.
This facility equips members of the research program with direct access to an extensive range of resources. These include online libraries, both domestic and international database resources such as Bloomberg, NSE Cogencis, and Prowess. Additionally, participants have access to a variety of Journals, Magazines, Newspapers, Periodicals, and the comprehensive library of AJ NIFM, thus facilitating a robust environment for in-depth research and analysis.
