The government should announce the successor of RBI Governor Raghuram Rajan sooner than later, considering the increased global risks after Brexit, an industry body said today.
According to Assocham, risks to global economy and its spin off to India from Brexit are emerging out to be much larger than initially perceived.
"Given the increased global risks, it would be quite prudent for the government to announce successor of Raghuram Rajan...Sooner than later," the chamber said.
Also Read
It also noted that fallout of Brexit makes it imperative for the Indian government to be more watchful of the political-economic scenario in Europe by setting up a high-level monitoring group.
The monitoring group should comprise senior officials from ministries of finance, commerce, information technology and the Reserve Bank, it added.
Active involvement of Indian High Commission in London and missions in several European capital should be sought in getting the real time information with a proper perspective, it added.
"The trouble lies in a widening political divide between Britain and the rest of the EU leadership. With this kind of charged up political environment, the damage to the world economy would be much more than just a few sectoral gains or losses," it said.
It said that due to Brexit, there would certainly be a damage in the market sentiment, leading to disruption in the investment flows alongside an impact on the currency valuations.
The University has been offering Industry-linked courses
like MBAProgram in Business Analytics in collaboration with WNS, MTech (GIS) in collaboration with ESRI, MBA (Finance & Banking) in partnership with ICICI Bank, and MTech (Educational Technology) in collaboration with leading institutions in the country. The University is also building research capabilities in areas such as Biotechnology, Mobile Healthcare, Cognitive Radio, Educational Technology, and Next-generation Networks.
Recently, NU's 6th Convocation ceremony was hosted at the University campus. Shri Amitabh Kant, CEO NITI Aayog, handed over degree certificates to the graduating students for successful completion of various programmes at NU. The top five students received the Dr. Karan Singh Gold Medal 2016 and one of the students was awarded with the Ram Rajindra Malhotra Medal 2016 for exemplary performances in their respective fields. The students have been successfully placed in leading corporates across India like Amazon, IBM, PwC, Reliance Jio, Airtel, Just Dial, Cognizant Technologies, MakeMyTrip, Grofers, and Shopclues.
NU has been acknowledged as the "Best University in use of Technology in Teaching-Learning Practices" by Industry Association Assocham in 2013. NU has also been recognized as the 'Greenest University' at Clean & Green India Awards 2016.
About NU
NU provides BTech programme (4 years) & the BTech - MTech Integrated dual degree programme (5 years) in Computer Science, Electronics and Communication Engineering and Biotechnology. The University imparts knowledge in technologies of the future through a cutting-edge curriculum using the core principles of providing industry-linked, technology-based, research-driven and seamless education. The students from the University engage in internships at prestigious organizations. BTech students also get the opportunity of a 6-month work experience before they graduate. NU offers a 2-year MTech programme in Geographic Information Systems (GIS) and Educational Technology (ET). NU also offers a 2-year full-time MBA programme in Business Analytics. NU is notified by the Government of Rajasthan u/a 5 of 2010 and covered u/s 2(f) of UGC Act.
Photo Caption: Dr. V S Rao receiving the award for Best Institution for promoting industry-academia interface at the 10th ASSOCHAM Higher Education Summit 2017
Prateek Chatterjee, Sr. Vice President, Corporate Communications & Marketing, NIIT Limited, +91-9910201085, +91 (124) 4293370,prateek.Chatterjee@niit.Com Swati Sharma, Corporate Communications & Marketing, NIIT Limited, +91-9999601154, +91 (124) 4293042, swati.1.Sharma@niit.Com Sumana Bhattacharya, Candour Communications, +91-9810597176, sumana@candour.Co.In
Puja Shalini, Candour Communications, +91-9654850909, puja@candour.Co.In.
