IIBF Invites Macro Research Proposals for 2025–26; ₹2.5 Lakh Grant on Offer

Mumbai: The Indian Institute of Banking & Finance (IIBF), a premier institution established in 1928, has announced a call for Macro Research proposals for 2025–26, inviting scholars and banking professionals to contribute policy-relevant research to India’s financial ecosystem.

Under its Macro Research scheme—designed to promote large-scope, empirical studies with industry-wide implications—IIBF will fund selected projects with a research grant of ₹2.5 lakh. The initiative aims to generate actionable insights for banking and finance through rigorous data-driven analysis.

Focus Areas for 2025–26
Researchers may submit proposals on any one of the following themes:
1. Effectiveness of Credit Guarantee Schemes: India in a Cross-Country Perspective
2. Changing Dimensions and Patterns of Financial Savings in India
3. Deposit Insurance Systems in Emerging and Developed Economies, with Special Reference to India
4. Transformation of the Indian NBFC Sector: Prospects and Challenges
5. Business Correspondent Model as a Gateway to Financial Inclusion

Who Can Apply

• Bankers, academics, and researchers from recognized institutions
• Individuals or teams with a proven research track record
• Applicants must be below 58 years of age as on 28 February 2026
• Recent winners and repeat awardees (as per eligibility norms) are not eligible

Key Details
• Grant: ₹2,50,000 (25% advance; balance on acceptance of final report)
• Report Size: 200–250 pages
• Timeframe: Final report to be submitted within 6 months of award
• Evaluation: Based on relevance, methodology, policy impact, and presentation before IIBF’s Research Advisory Committee
• Copyright: Vests entirely with IIBF

How to Apply

Proposals must be submitted online, in English, along with a brief bio-data, through the official portal:
👉 https://iibf.esdsconnect.com/macroresearch/application

Last Date: 28 February 2026

With this initiative, IIBF continues to encourage original, high-impact research that can shape the future of India’s banking and financial sector.

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Maharashtra Plans Statewide College Festival to Mark 75 Years of the Indian Constitution

Maharashtra Higher and Technical Education Minister Chandrakantdada Patil has announced a month-long “Constitution Glory Festival” to be organised across nearly 6,000 colleges in the state. The initiative aims to celebrate 75 years of the Indian Constitution and will involve students from junior and senior colleges. The festival will include discussions, lectures, competitions, and activities focused on constitutional values, rights, and duties. The programme is expected to begin soon and will be implemented across government, aided, and unaided institutions.

I am writing about this announcement because it directly involves students and educational institutions on a massive scale. At a time when civic awareness is becoming increasingly important, such initiatives help young people connect with the Constitution beyond textbooks. Celebrating the Constitution inside college campuses also ensures that its values reach students at a formative stage, encouraging informed citizenship and democratic thinking.

What Is the Constitution Glory Festival

The Constitution Glory Festival is planned as a month-long awareness and engagement programme. It is designed to familiarise students with the history, principles, and significance of the Indian Constitution through interactive and academic activities.

Instead of being limited to a single event, the festival will run for several weeks to allow deeper participation from students and faculty.

Activities Planned Across Colleges

Colleges across Maharashtra will organise various events as part of the festival, including:

Lectures and talks on constitutional history
Essay writing and debate competitions
Quiz programmes on constitutional provisions
Group discussions on rights and duties
Activities highlighting the role of the Constitution in daily life

These events will be tailored to suit different academic levels.

Focus on Students and Youth Awareness

The main objective of the festival is to create awareness among students about constitutional values such as equality, liberty, justice, and fraternity. By involving colleges directly, the government aims to make constitutional education more practical and relatable.

Students are expected to actively participate rather than remain passive listeners.

Why the 75th Year of the Constitution Matters

Seventy-five years of the Indian Constitution marks a significant milestone in the country’s democratic journey. It reflects decades of social, political, and legal evolution. Observing this occasion through educational institutions helps reinforce respect for democratic institutions and the rule of law.

It also offers an opportunity to reflect on how constitutional values continue to shape modern India.

Role of Colleges and Teachers

College administrations and teachers will play a key role in implementing the festival at the ground level. Institutions are expected to coordinate activities, encourage student participation, and ensure meaningful discussions rather than symbolic events.

This decentralised approach allows each college to adapt activities based on local context.

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