ICFAI is the abbreviation of the celebrated Institute of Chartered Financial Analysts of India. The organization covers rather a large number of Engineering Colleges, Universities, Business Schools, and many other sorts of educational institutes under ICFAI patronage. The universities that are promoted by the ICFAI have started educational and research operations in the Indian states of Uttarakhand, Sikkim, Tripura, Meghalaya, Jharkhand, Mizoram, and Nagaland under relevant state legislations. Each university is adept and legally empowered to confer degrees at the UG, PG, and PhD levels under its own exclusive auspices and regulations. The University Grants Commission has integrated the Institute of Chartered Financial Analysts of India University of Dehradun and of Agartala in its listing of universities sustained by the University Grants Commission under the Section 2 (f) pertaining to the UGC Act of the year 1956.