Enterprise London School of Economics (ELSE), UK - was set up by the London School of Economics (LSE) in 1993 to enable and facilitate the transfer of knowledge and expertise developed by LSE academics into practical applications through consultancy and other business activities. IPE has signed a memorandum of understanding with ELSE, that facilitates co-operation between the companies for consultancy assignments in South Asia across a range of disciplines including economic development, fiscal reforms, public finance and financial sector reforms. The collaboration promises to usher in a new era in India's financial sector by bringing together innovative approaches and practical international experience to help develop the economic development needs of the undeveloped and developing economies.