Use of large language models (LLM) and generative AI tools like chatGPT and Copilot has demonstrated their capabilities in writing code and there is a growing interest in using them by companies and individuals. GAISE Project will investigate research and educational aspects related to usage of LLMs in Software lifecycle management, Requirements generation and validation, Quality of the generated code, Design, validation, Software Testing, and Formal verification. The proposed project is to fund exchange visits by Prof. Pankaj Jalote (a distinguished Professor at the Indraprastha Institute of Information Technology (IIIT)- Delhi a world leading expert in Software Engineering) to MDU.