The foundation stone for National Institute of Communication Finance (NICF) and Institute of Advance Radio Spectrum Engineering and Management Studies (IARSEMS) was laid by Human Resource Development (HRD) minister, Kapil Sibal recently. “In modern times, communications and information services have emerged as the effective tool for the empowerment of marginalized sections of the society”, quoted Sibal. He said that trained and capable manpower is required to ensure that technology and technological advancements delivers to the common man. The HRD minister while discussing about the institute has stated that for effective governance, continuous reinventing and re-energizing through training is imperative. He said that to build and mould new age professionals, these institutes should look forward to collaborative research and training with the public and private sectors, and with international and regional organizations. Talking of the Institute of Advance Radio Spectrum Engineering and Management Studies (IARSEMS), he said that an efficient spectrum planning and engineering is essential to achieve optimal spectrum use in present and future. As per sources, the Minister of State for Communication and Information Technology, Sachin Pilot was also there, in the convention as a guest panel. He also supported Sibal's thought while underlining the need for training institutes of repute in the field of Communication Finance and Advanced Radio Spectrum Engineering and Management Studies. NICF (National Institute of Communication Finance) largely serves to the training needs of Indian P&T Accounts and Finance services Officers (IP&TAFS) Group 'A' and Group 'B' as well as the awareness needs of various stakeholders of the USO Fund scheme. NICF also works as a national level training and research centre for Telecom policies, planning & licensing, postal accounts, finance and internal audit and related subjects. The new NICF campus would be located at Ghitorni, Delhi. It will completely be a Green Campus, surrounding supreme concern for energy efficiency, environment, water conservation, use of recycled products and renewable energy, adopting environmental friendly technologies and practices. This new campus will not only address sustainability issues but will also contribute to the conservation of national resources. Furthermore, the earlier secretary of Department of Telecom, R. Chandrashekhara and some senior official of the Department of Technology also graced the occasion. The earlier Secretary also appreciated the joint efforts of NICF and IARSEMS taken for the development of technology.