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A New Era in Economic Security Begins at Rashtriya Raksha University

Top Professionals Join RRU’s Effort to Tackle Economic Offenses Attorney General Calls for Regulation in Age of Digital Finance

Newz Daddy Editor by Newz Daddy Editor
11 April 2025
Reading Time: 5 mins read
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A New Era in Economic Security Begins at Rashtriya Raksha University

A New Era in Economic Security Begins at Rashtriya Raksha University

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A New Era in Economic Security Begins at Rashtriya Raksha University

Newz Daddy Educational Updates

Synopsis of the Article

  • Rashtriya Raksha University (RRU) launched India’s first Masters in Financial and Economic Crimes (MFEC).

  • The program was inaugurated by the Hon’ble Attorney General of India, Mr. R. Venkataramani.

  • Mr. Venkataramani highlighted the need to regulate economic and technological freedoms to curb economic crimes.

  • Prof. (Dr.) Bimal Patel, Vice-Chancellor of RRU, emphasized economic security as key to national security.

  • The course is structured to train policy-makers, investigators, and professionals to counter financial crimes.

  • Dr. Niraj Gupta from IICA spoke about the need for structured learning in economic crime prevention.

  • Participants from public and private sectors, including IPS officers and corporate leaders, are enrolled.

  • The program is designed for working professionals, blending theory and hands-on training.

  • Experts from CBI, SEBI, SFIO, ED, FIU, NIA, RBI, IIM Ahmedabad, and IICA contribute to the course.

  • The program aims to create resilient professionals who can secure India’s financial ecosystem.

In a proud and historic moment, Rashtriya Raksha University (RRU) has launched a very special academic program — Master’s in Financial and Economic Crimes (MFEC). What makes this program stand out is that it is the first of its kind in India. It was officially inaugurated by Mr. R. Venkataramani, the Hon’ble Attorney General of India, at RRU’s Gujarat campus.

While addressing the audience, Mr. Venkataramani spoke about how freedom and regulation must go hand in hand. In today’s fast-moving world of technology and finance, he said that too much freedom, without proper checks, can be dangerous. It can lead to serious financial crimes that harm the nation. He stressed that early detection and strong rules are the key to preventing such crimes.

He also shared that as the economy becomes more digital, people in power need to understand both the benefits and the risks. His speech was a strong reminder that responsible governance is vital to stop crimes before they happen.

Prof. (Dr.) Bimal Patel, the Vice-Chancellor of RRU, shared the deep thinking and national vision behind this course. He pointed out that financial and economic crimes are becoming more advanced, and to protect our nation, we need skilled people who can handle these threats.

He explained that this Master’s program was carefully designed to prepare future leaders, officers, and professionals. The course will give them the tools to fight new kinds of crimes like money laundering, crypto scams, fraud, and more. He said that this course is not just about theory but also real-world training.

Adding his insights, Dr. Niraj Gupta, Head of the School of Financial Management at the Indian Institute of Corporate Affairs (IICA), talked about the growing complexity of financial crimes. He said that learning about this area in a structured way is very important, especially for professionals working in law, finance, and security.

The course has already attracted top professionals. One of them, Mr. Himanshu Garg, IPS officer and AIG (Administration), PHQ, spoke about why the course is important. He shared how financial crimes are getting more complex with digital money, cryptocurrencies, and online fraud. He said this course will help officers like him stay updated and better prepared.

Another participant, Dr. Virendra Gupta, Vice President at Tata Communications, expressed his appreciation for being part of this innovative program. He said that in today’s world where everything is going digital, such a course is timely and much needed. He praised the way the course includes legal studies, financial investigation techniques, and technology.

The MFEC program is specifically designed for working professionals. It blends academic learning with hands-on training. What’s unique is that the course is shaped by experts from top organizations like:

  • Enforcement Directorate (ED)

  • Financial Intelligence Unit (FIU)

  • Reserve Bank of India (RBI)

  • National Investigation Agency (NIA)

  • Central Bureau of Investigation (CBI)

  • Securities and Exchange Board of India (SEBI)

  • Serious Fraud Investigation Office (SFIO)

  • Indian Institute of Management (IIM) Ahmedabad

  • Indian Institute of Corporate Affairs (IICA)

This diverse and experienced pool of professionals ensures that participants receive real-time, practical knowledge on how to handle and prevent financial crimes.

This new Master’s program by RRU is not just a course — it is a strategic step toward making India financially secure. With growing threats in the economic and cyber space, India needs well-trained professionals who can protect the economy from harmful elements. And RRU, with its new MFEC program, is leading the way.

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