Bangladesh’s Cabinet approved a proposed agreement with India to allow it to use the Bangladesh seaports. The approved agreement will be effective for five years. The agreement would allow India to Chittagong and Mongla seaports for transporting goods to and from the northeastern States.
Only Bangladeshi vehicles may be used as freight transport to move the goods while they are in Bangladeshi territory. India must also follow GATT and Bangladeshi regulations and also pay the customs duties and buy tax equivalent bonds. Any cargos that move through Bangladesh will be monitored by a tracking system. The decision by Bangladesh is a step toward improving the friendly relations between Bangladesh and India.
This association would benefit about 77 lakh poor and vulnerable families in Tamil Nadu.
Additionally, the insurance benefit for all those covered under the state scheme will be increased to Rs 5 lakh as per the National Health Protection Scheme.
An ethanol plant will be set up in Bohali village, Panipat with an outlay of over Rs 900 crore.
The MoU will be valid for one year.
The proposed capacity of this ethanol plant will be of producing 100 kilolitres of ethanol per day.
Paddy and Sugarcane crop residues will be supplied as raw material for this plant in cyclic manner.
Bioethanol can be easily blended with petrol or diesel, thus making it sustainable transport fuel. It also reduces air pollution.
Communications Compatibility and Security Agreement (COMCASA) will facilitate access to advanced defence systems and enable India to optimally utilise its existing US-origin platforms.
The 2+2 ministerial dialogue between the two countries was attended by U.S. Secretary of State Michael R. Pompeo and Secretary of Defense James N. Mattis and their Indian counterparts Sushma Swaraj and Nirmala Sitharaman.
Internet Society (ISOC) partnered with Internet Service Providers Association of India (ISPAI) to promote and secure internet infrastructure.
They signed an agreement for the to promote ‘Mutually Agreed Norms for Routing Security (MANRS) which will improve security infrastructure.
♦ Founded: 11 Dec 1992
♦ Headquarters: Virginia, USA.
Headquarters: New Delhi.
India and Cyprus signed two Memorandum of Understanding (MOU) on combating money laundering and cooperation in the field of environment. The MoU was signed between Financial Intelligence Unit, India, and Unit for Combating Money Laundering of Cyprus.
Mr.Kovind and Mr.Anastasiades held discussions on issues of mutual interest, including promotion of business collaboration in the fields of IT and IT-enabled services, tourism, shipping and renewable energy. They also reviewed the ongoing bilateral and multilateral engagements and discussed issues of regional and global concern.
The agreement was signed in the presence of Prasar Bharati CEO, Shashi Shekhar Vempati and Editor-in-chief and MD, Mizzima in New Delhi.
The main aim of the agreement is to maintain cooperation and collaboration in broadcasting and envisions content-sharing covering a wide range of genres, including culture, entertainment, education, science, news and sports along with other areas of mutual interest.
About Prasar Bharati
Prasar Bharati is India's largest public broadcasting agency.
It is a statutory autonomous body set up by an Act of Parliament and comprises the Doordarshan Television Network and All India Radio, which were earlier media units of the Ministry of Information and Broadcasting.
The MoU was signed by Anil Khaitan, President of PHD Chamber of Commerce and Industry (PHDCCI) and Hari Bhakta Sharma, President of Confederation of Nepalese Industries (CNI) in Kathmandu.
The main aim of the MOU is to promote Indian investment in Nepal, work with Indian ventures in Nepal, resolve problems being faced by them and also to promote industrialization in Nepal, also to provide training to Nepali entrepreneurs.
National Highways Authority of India (NHAI) is getting an unsecured loan of Rs 25,000 crore from State Bank of India (SBI) for 10 years with 3 years of moratorium on repayments.
This is SBI's highest long-term unsecured loan to any entity and also the largest ever loan sanctioned to NHAI.
The total sanctioned amount is to be disbursed to NHAI within March 31, 2019.
India and Germany have signed an agreement on financial and technical cooperation focusing on sustainable urban development and renewable energy.
The government-to-government Umbrella Agreement on Financial Cooperation and Technical Co-operation 2017 is worth about 5,000 thousand crore rupees.
The agreement under the Indo-German Bilateral Development Cooperation was signed between Joint Secretary in the Finance Ministry, Sameer Kumar Khare, and German Ambassador to India, Martin Ney, in New Delhi.
Chancellor: Angela Merkel.
National Health Agency (NHA) under Ministry of Health and Family Welfare, the apex body for the implementation of Ayushman Bharat-National Health Protection Mission (AB-NHPM), and Common Service Centres (CSC) scheme under the Digital India Programme, have signed a MoU to provide information and eligibility validation services to beneficiaries, especially in remote areas.
JP Nadda, Minister of Health and Family Welfare and Ravi Shankar Prasad, Union Minister for Law and Justice & Information Technology presided over the MoU signing ceremony.
The main benefits under AB-NHPM are based on entitlement and not on enrolment, over 3 lakh CSCs spread across rural India can become the key point of information for potential beneficiaries and help in validating their entitlement.
Invest India and Business France signed a MoU to promote investment facilitation and cooperation between startups of India and France.
The main goal is to facilitate direct foreign investment by providing practical investment information to enterprises and support the companies.
Invest India and Business France will collaborate to promote business and startup ecosystem cooperation through joint activities and exchange experiences to strengthen institutional knowledge and identify opportunities between businesses in the French and Indian private sector, creating a dedicated support structure to facilitate inbound companies and startups.
About Invest India
♦ Invest India is the National Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
♦ Deepak Bagla is the MD and CEO Invest India.
♦ It is a non-profit venture under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industries, Government of India.
As part of Indian Prime Minister Narendra Modi's visit to Uganda, India and Uganda signed four agreements on ♦ defence cooperation, ♦ visa exemption for diplomatic and official passport holders, ♦ cultural exchange programme, and ♦ material testing laboratory.
The Indian government has also decided to gift a cancer therapy machine to the Uganda cancer institute in Kampala.
The Prime Minister Modi was accorded a ceremonial reception in Uganda's Entebbe town.
He is on a three-nation tour to the African countries including Rwanda, Uganda and South Africa.
Important Points About Uganda:
♦ President - Yoweri Museveni
♦ Prime Minister - Ruhakana Rugunda
♦ Currency - Ugandan shilling
♦ Capital - Kampala
Indian Institute of Public Health – Hyderabad (IIPH-H) is developing a drone delivery system for medical supplies, with a temperature-controlled payload box, to be delivered to a remote village in the State without delay.
The aim of the Digital Drone-based Real-Time Advanced Medical Modular Logistics system (2DREAM) project is to reach the remote areas and deliver the temperature-sensitive payload in 30 minutes.
IIPH-H has partnered with the prestigious US-based Johns Hopkins University to develop the temperature-controlled vaccine box.
The AIIMS has signed a MoU with the Indian Institute of Technology (IIT), Kharagpur, for collaboration in education, research outreach and medical services. The agreement included initiating joint degrees such as PhD, M.D.-PhD, M.Sc-PhD and coordinated internship programmes.
It is aimed to promote interaction and collaboration among faculty members, scientists and students of the two premier institutes in their respective domains, to carry out joint academic and research programmes, joint supervision of masters and doctoral students, and collaborative research.
O.P. Jindal Global University, Sonipat, Haryana signed a MoU with Harvard T.H. Chan School of Public Health for an annual study programme.
Nearly 30 students of Jindal Global University has taken the annual study-abroad programme at Harvard University. At the successful completion of the programme, Jindal students will earn academic credits, and the course will be reflected in the transcript.
It provides joint conferences to be organised by the two institutions and paves the way for other research and educational activities.
India and Ghana signed two agreements in an effort to enhance the bilateral cooperation between the two countries.
The Ministry of External Affairs (MEA) spokesperson Raveesh Kumar announced that two MOUs on Cultural Exchange Programme and on cooperation between Bureau of Indian Standards and Ghana Standards Authority.
♦ Captial: Accra
♦ Currency: Ghanaian cedi.
The nodal satellites division U.R. Rao Satellite Centre (URSC) of Indian Space Research Organisation (ISRO) has signed with three partners, two private and one government-run firm, to help it assemble 27 satellites at a quick pace over the next three years.
The partners are Alpha Design Technologies P Ltd and its six consortium members, Bharat Electronics Ltd, Tata Advanced Systems Ltd, Hyderabad.
A URSC official signed the agreements with the three entities in the presence of URSC Director M. Annadurai.
Adani Logistics Ltd. (ALL) has signed an agreement with NYK Auto Logistics (India) Private Ltd. (NALI) to form a joint venture (JV) that will specialize in the transportation of finished vehicles using automobile freight trains.
The JV would participate in AFTO (Automobile Freight Train Operator) Policy of the Ministry of Railways and offer its trains for transporting vehicles across India more efficiently. The planning will commence operation with six trains. It is predicted that ALL will have 25 trains in operation in three years based on its market trends.
24-year-old Indian wrestler Vinesh Phogat grabbed a gold in the women's 50kg freestyle category at the Spanish Grand Prix in Madrid, by defeating Canada's Natasha Fox 10-0 in the final match.
She had won a gold at the Gold Coast Commonwealth Games in the 50kg category.
The Archaeological Survey of India (ASI) has planned to upgrade infrastructural and tourist-friendly facilities at seven sites, which are approved under Adarsh Smarak Scheme for Conservation of Monuments, in Tamil Nadu.
The Adarsh Monuments proposed to be upgraded by the Ministry of Culture include the Shore Temple in Mamallapuram, Vellore Fort, Brihadeeswarar Temple in Thanjavur, Kailasanathar Temple in Kancheepuram, Sittannavasal Caves, Gingee Fort and Moovar Koil in Kodumbalur. The work has already begun at the Shore Temple in Mamallapuram.
The incubator will be housed at T-Hub and will be India’s missile development centre and fast emerging the hub for aerospace industries.
The incubator will be funded through the Ministry’s Innovation for Defence Exellence (iDEX) scheme. Initially, a corpus of ₹100 crore has been created by two PSUs- HAL (Hindustan Aeronautics Limited) and BEL (Bharat Electronics Limited), each contributing ₹50 crore.
Honda's Marc Marquez clinched his ninth consecutive German Grand Prix victory and took a 46-point championship lead over Valentino Rossi into the summer break after dominating what is set to be the final MotoGP race at the Sachsenring.
Seven-time world champion Valentino Rossi finished second with his Yamaha team-mate Maverick Vinales third.
In 2018 'Soft Power 30' index, published by UK-based strategic communications consultancy firm Portland and the University of Southern California Center on Public Diplomacy, France placed second and Germany as third followed by the US.
India does not figure on the list, but this year's report also features a chapter dedicated solely to Asia, listing 10 countries in the region, ranking India's soft power as eighth.
Japan and the EU signed a trade deal, as an act against protectionism, as Washington puts up barriers and threatens a trade war. The deal which is signed in Tokyo is the largest ever negotiated by the EU.
It is aimed to create a massive free trade zone, eliminating tariffs for everything from Japanese cars to French cheese. The agreement is expected to enter into force in 2019.
The Rajya Sabha, for the first time in 76 years since it came into being, entered into a Memorandum of Understanding (MoU) with the Senate of Rwanda for promoting inter-parliamentary dialogue.
Venkaiah Naidu became the first Chairman of Rajya Sabha to sign such MoU with the visiting President of the Senate of Rwanda Bernard Makuza.
The MoU with 6 articles of cooperation seeks to promote Inter-Parliamentary dialogue, capacity building of parliamentary staff, organisation of conferences, forums, seminars, staff attachment programmes, workshops and exchanges.
Facts About Rajya Sabha:-
♦ Rajya Sabha was duly constituted for the first time on April 3, 1952 and it held its first sitting on May 13, that year.
♦ The Rajya Sabha or Council of States is the upper house of the Parliament of India with a maximum of 250 members for six-year terms.
Defence Salary Package will include free personal accident death, free permanent total disability cover and other accidental benefits to the deceased soldier and family.
The first MoU between SBI and the Indian Army was signed in 2011 and was renewed in February 2015.
The renewed MoU will be valid till January 3, 2019.
India and the United Kingdom signed an agreement on the exchange of experience by legal professionals and government functionaries for resolution of disputes before various courts and tribunals. The agreement was signed by Law Minister Ravi Shankar Prasad and UK’s Secretary of State for Justice David Gauke in London.
The MoU sought to enhance bilateral cooperation in legal affairs which would provide a framework for promoting greater cooperation between the judicial and legal professionals in both countries through the exchange of expertise and training. The MoU was cleared by the Union Cabinet.
Rajasthan government signed a MoU with Microsoft to provide digital training to 9,500 students of government colleges. It will also train 500 faculty members.
The initiative is to enhance the youths’ employability and empower them with technical education and to improve the standards of digital literacy in Rajasthan.
India and South Korea signed MoUs and agreements and vowed to more than double trade in the next decade. The MoUs included a statement on expanding the 2010 Comprehensive Economic Partnership Agreement (CEPA) and a joint vision statement that committed to more military exchanges and enhancing defence projects together.
The two countries agreed to try to increase their bilateral trade to $50 billion by 2030, up from current levels of $20 billion.
India and South Korea have also agreed to cooperate on a “tripartite” basis in development assistance in third countries, beginning with a project in Afghanistan.
Both the countries are committed to strengthening the “special strategic partnership” in the region and aligning India’s Act East Policy with South Korea’s New Southern Policy.
India signed 5 MoUs with South Korea in the field of Science and Technology in New Delhi. Science and Technology Minister, Dr. Harsh Vardhan and his South Korean counterpart Mr. You Young Min signed three MoUs for (i) Programme of Cooperation 2018-21; (ii) Establishment of Future Strategy Group; (iii) Cooperation in Biotechnology & Bioeconomy.
Two other MoUs were signed between Council of Scientific and Industrial Research (CSIR), South Korean National Research Council for Science and Technology, IIT Mumbai, Korea Institute of Science and Technology, to further accelerate future-oriented cooperation.
The MoUs were signed at the conclusion of the 4th India-Korea Science & Technology Ministers Steering Committee Meeting.
Both countries renewed the Programme of Cooperation in the field of Science and Technology for 2018-21 to augment the cooperation in Science, Technology, and Innovation.
The Indian Railway Catering and Tourism Corporation (IRCTC) signed a MoU with the National Security Guard (NSG) at the headquarters of the special force, New Delhi. This system will eliminate the need for carrying railway warrants by the NSG personnel.
The NSG is the first central paramilitary force to opt for e-ticketing instead of the railway warrant under an agreement signed with the IRCTC. The IRCTC is also developing an e-ticketing-cum-warrant management system for the Central Reserve Police Force.
National Association of Software and Services Companies (Nasscom) opened a Centre of Excellence for Data Science and Artificial Intelligence and signed a MoU with NITI Aayog to collaboratively foster applied research, accelerating adoption and ethics, privacy and security.
The aim is to strengthen the country’s Artificial Intelligence (AI) ecosystem. Nasscom will also include NITI Aayog as a knowledge partner.
Both the CoE and MoU aims to serve as a platform for intelligence-sharing and technology collaboration between stakeholders to build collective capabilities for the industry and country in the cutting-edge areas AI.
Chairperson of Nasscom: Rishad Premji
Vice Chairman of Nasscom: Keshav R. Murugesh
Headquarters: Noida, Delhi
Tyre major CEAT, the flagship company of the RPG Group, signed a MoU with the Tamil Nadu State government to invest Rs.4,000 crore in a greenfield plant in Sriperumbudur near Chennai to boost the State’s tyre manufacturing capacity.
This plant would boost its capabilities in the motorcycle and car tyre segments. The company would start with car radial tyres, with an initial capacity of around 250 tonnes per day.
CEAT has acquired 163 acres of land by itself for the project. The financial incentives for the project have been the approved by the State Cabinet.
Infosys signed a new partnership with Siemens PLM Software to develop applications and services for MindSphere, the open cloud-based IoT operating system from Siemens.
This partnership will help the customers to improve competitiveness by leveraging the power of data generated by their devices.
The initial focus will be on customers in the manufacturing, energy, utilities, healthcare, pharmaceutical, transportation, and logistics industries
Hyundai Glovis will sign a MoU with an NGO Asha for education on July 6th to help 60 government schools in Tiruvallur district for a term of next 4 years. Glovis will also provide Rs.4 crore as a part of the agreement.
Asha for Education has been working with the Tiruvallur government school since 2004.
CEO of Hyundai Glovis: Kyung Bae Kim
Headquarters: Seoul, South Korea
The ninth and final meeting of Eminent Persons Group (EPG) on Nepal-India Relations concluded in Kathmandu, Nepal. The Representatives from Nepal and India has agreed to updates all the bilateral issues including 1950 Peace and Friendship treaty, trade, transit, and border.
The EPG is a joint mechanism between India and Nepal which consist of experts and intellectuals from India and Nepal. It was set up in February 2016 to make suggestions for updating all existing bilateral treaties and agreements between both the countries.
During the two-day meeting, the group successfully prepared a joint report which would be submitted to the prime ministers of both the countries.
NITI Aayog’s Women Entrepreneurs Platform (WEP) inked five Statement of Intent (SoIs) with Shri Mahila Sewa Sahakari Bank Limited, Indiabulls Housing Finance Limited, SREI Infrastructure Finance Limited, Sreemanta Sankar Mission and the Self Employed Women’s Association (SEWA) in order to provide assistance to women entrepreneurs and address the finance-related challenges faced by them.
Through its partner organizations, the WEP aims to create opportunities and support women to help them realize their entrepreneurial aspirations, scale up innovative initiatives, and chalk out sustainable and long-term strategies for their businesses.
The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of agreements signed between India and Denmark for cooperation in the fields of animal husbandry and dairying, and on cooperation in the field of science, technology and innovation.
Renewable energy, water, material science, affordable healthcare, synthetic biology, functional food, and blue economy were identified as potential areas for immediate collaboration.
Bharat Heavy Electricals Ltd. (BHEL) has signed the Technology Collaboration Agreement (TCA) with Korean firm Nano Co Ltd. for design and manufacture of emission controlling equipment for coal-based power plants.
To comply with the norms of SOx and NOx emission, issued by the Ministry of Environment and Forest (MoEF) for thermal power plants, BHEL is up to provide solution known as SCR (Selective Catalytic Reduction) Catalysts. It will be commissioned or retrofitted with high capacity emission control equipment for De-NOx application in coal-fired power plants.
Following this, BHEL will be the first Indian company to possess technology and manufacturing capabilities for Plate type SCR Catalysts as part of the ‘Make in India’ initiative.
ThyssenKrupp and Tata Steel are nearing a 15 billion euro deal this week to combine their European assets into a global steel giant. This joint venture would create the continent's second-largest steelmaker after ArcelorMittal.
The joint venture was originally planned to be signed in early 2018. It was delayed after ThyssenKrupp's steel business performed much better than Tata Steel’s, requiring a reassessment of the deal.
Signing is now planned at the end of June. There are disagreements over the size of the valuation gap, with estimate ranging from 500 million to 3 billion euros. Therefore, the signing event has been called into question.
Faure arrived in India for a six-day visit on June 22.
Indian government had given Seychelles $100 million on credit for the defence sector.
India and Seychelles signed six memorandums of understanding (MoUs). Details of the six agreements are yet to be disclosed.
Under "Adopt a Heritage Scheme", three MoUs have already been signed and six are at an advanced stage and 31 more Adarsh Monuments are enlisted for coverage under the scheme.
The scheme is being implemented by the Ministry of Tourism, Ministry of Culture and Archaeological Survey of India.
The four MoUs include: 1. Mount Stok Kangri Trek Route, Ladakh
2. Gangotri Temple Area & Trail to Gaumukh, Uttarakhand
3. Red Fort, Delhi
4. Gandikota Fort, Andhra Pradesh
India and Tajikistan have reaffirmed their commitment to promote bilateral relations and agreed to enhance economic cooperation, particularly in sustainable water development.
Tajikistan President - Emomali Rahmon
Tajikistan currency - Somoni
Tajikistan capital - Dushanbe
Union Minister for Water Resources, River Development and Ganga Rejuvenation, Nitin Gadkari has expressed that Union Government's collaboration with Google will help in effective flood management in India.
The Central Water Commission (CWC), India’s apex technical organisation in the field of Water Resources, on June 18, 2018 signed a Collaboration Agreement with Google for flood forecasting.
On June 18, 2018, Chinese envoy to India Luo Zhaohui unveiled a four-point vision for future cooperation with India.
This is followed by the informal summit between PM Narendra Modi and Chinese President Xi Jinping.
The four-point vision are:
1) Sign a Treaty of Friendship and Cooperation
2) Negotiate a bilateral Free Trade Agreement
3) Enhance connectivity
4) Work for early harvest on boundary issues.
The Union Ministry of Health and Family Welfare signed a Memorandum of Understanding (MoU) with the Norwegian Ministry of Foreign Affairs to extend the cooperation within the health sector.
The cooperation will be extended through the Norway India Partnership Initiative (NIPI) for a period of three years starting from 2018 to 2020.
This cooperation between India and Norway is aligned with the development goals of Indian Government as outlined in its National Health Policy 2017 for the achievement of Sustainable Development Goals (SDGs).
It will focus on global health issues of common interest.
It will enable cooperation in the areas related to maternal, newborn, child health and shall build on experiences from NIPI phase I and II.
India and China signed two bilateral agreements following the meeting between the Prime Minister Narendra Modi and Chinese President Xi Jinping on the sidelines of the summit.
The agreements include continuing to share Brahmaputra water data during flood season and exporting non-Basmati rice to China.
The two countries have set a trade target of 100 billion dollars by 2020. During the hour-long meeting between Mr. Modi and Mr. Xi, both countries agreed on several initiatives to take forward the spirit of Wuhan Informal Summit. Chinese President accepted Prime Minister Modi’s invitation for a Wuhan type informal summit in India next year.
Indian and Denmark signed a Memorandum of Understanding (MoU) in the field of Sustainable and Smart Urban Development.
The MoU will create employment in the areas of integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization.
The objective of this MoU is to promote bilateral cooperation in the field of sustainable and smart urban development on the basis of reciprocity and mutual benefit through the exchange of knowledge, institutional cooperation, research and development and commercial relations on related issues.
Areas of cooperation include smart urban solutions, liveability, sustainable and integrated urban planning, re-development and land use, integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization and other related areas mutually agreed upon.
The states of Himachal Pradesh, Jammu and Kashmir, Haryana and Uttarakhand agreed to implement the ambitious national health protection mission, which aims to provide an annual coverage of Rs 5 lakh per family.
The four states and the Union Territory of Chandigarh inked MoUs with the Union Health Ministry for the implementation of Ayushman Bharat-Pradhan Mantri Rashtriya Swasthya Suraksha Mission.
Union Health Minister J P Nadda presided over the MoU signing ceremony at a regional workshop for northern states in Shimla, Himachal Pradesh.