With Prime Minister Narendra Modi signing another remarkable agreement with UAE wherein both India and UAE will start trading in Rupee and open an IIT-Delhi campus in the Gulf Country, this initiative will ease business processes and facilitate smoother operations and will educate and equip individuals with technical knowledge to contribute to global efforts, a priority shared by every country. Within a week’s span, India signed agreements to purchase Rafale aircraft from France, started trade in the rupee in France, launched Chandrayaan-3 on the moon, and now signed another historic agreement with UAE to trade in the rupee as well as set up an IIT-Delhi campus, which is a proud moment for Indians. Aimed at deepening multi-faceted bilateral ties, such offshore campus of the Indian Institute of Technology (IIT), the prestigious institution of India, will take the demeanour beyond the Indian peninsula. The offshore campus is scheduled to be mentored by Indian higher educational institutions. The trade settlement in local currencies, linking the Fast Payment Systems of India and the UAE, besides an IIT campus in the Gulf country, will open new vistas for people of both the countries and, also address several global issues. We hope that more such IIT offshore campuses are set up in several other countries as well so that India develops stronger relationships with the nations and produces world-class engineers who can deal with global issues. This shows the power of the Indian education system and the new National Education Policy (NEP) brought in by Prime Minister Narendra Modi.
