Agreements MoU Current Affairs 2021 - Current Affairs Today

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Last Updated: April 9, 2021 4 days ago

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  • MoU Between Department of Animal Husbandry and Ministry of AYUSH

    4 days ago
    The Ministry of Animal Husbandry under the Ministry of Fisheries, Livestock and Dairy and the Ministry of AYUSH signed a memorandum of understanding to introduce the concept of Ayurveda and its related disciplines into veterinary medicine. Help establish a regulatory mechanism to use Ayurveda in the field of veterinary medicine. Highlights: ♦ It will also focus on capacity building in related fields through training. ♦ The memorandum of understanding will explore the marketing possibilities of herbal medicines on a sustainable basis. ♦ It will provide the cultivation, protection and preservation of medicinal plants. ♦ The cooperation will develop a herbal veterinary education program. ♦ It will make farmers and dairy farmers aware of the importance and utilization of herbal veterinarians and the cultivation of herbal medicines. Animal Husbandry in India: According to the "2021 Economic Survey", the contribution rate of livestock increased from 24.32% in 2014-15 to 28.63% in 2018-19. According to the 20th Livestock Census, the total stock of livestock in India is 557.8 million. India has the largest livestock population in the globe. In June 2020, the Indian government established the Animal Husbandry Infrastructure Development Fund. The total investment in the plant is 15,000 crore rupees. The Indian government launched a national animal disease control plan. The plan was launched for brucellosis and foot-and-mouth disease. Approximately Rs 13,343 crore has been allocated for the plan. The national animal survey mission was launched in 2014-15. This is to ensure the quality and quantity improvement of the livestock production system. A national artificial insemination program was initiated to propose new methods of immersion in female varieties.  

    MoU between Spices Board and UNDP

    6 days ago
    Spices Board India and UNDP India Accelerator Laboratory signed a memorandum of understanding to develop a blockchain-based traceability interface for Indian spices. Highlights: ♦ The MOU aims to establish a blockchain-based traceability interface for Indian spices to improve the transparency of supply chains and trade. ♦ Blockchain is a decentralized process used to record transactions on an open and shared electronic ledger. ♦ This makes easy and transparent in data management across complex networks (including farmers, brokers, distributors, processors, retailers, regulators, and consumers), thus simplifying the supply chain. ♦ It will allow farmers to access information like all other members of the supply chain, thereby further making the entire supply chain more efficient and fairer. ♦ The Spices Board of India and the United Nations Development Programme are working to integrate the blockchain traceability interface with the e-Spice Bazaar portal developed by the Spices Board of India to connect spice growers to the market. ♦ The project will be piloted among more than 3,000 farmers engaged in pepper and turmeric planting in parts of Andhra Pradesh. ♦ The traceability interface is expected to increase consumer confidence and promote the purchase of value-added and used fragrances for export and local.  

    Financing Agreement For Digha & Kankarbagh Sewage Projects

    12 days ago
    A financing agreement was signed for the development of STP and sewage treatment networks for the Digha and Kankarbagh areas of Patna. Highlights: ♦ The scope of the project includes the development of a Sewage Treatment Plants with a capacity of 150 MLD and a sewage treatment network of more than 453 kilometers in the Digha and Kankarbagh areas of Patna State, which is one of the most populous cities on both sides of the Ganges. ♦ This is the first of its kind and consists of the Design, Build, Operate and Transfer ('DBOT') scope and the Hybrid Annuity Model (HAM) scope. ♦ After implementation, all sewage areas in Patna City will be covered by the sewage pipe network and sewage treatment capacity. ♦ It should help achieve the goal of the Namami Gange plan, which is to prevent any untreated wastewater from entering the Ganga River.  

    MoU Signed For National Clean Air Programme - NCAP

    15 days ago
    The Memorandum of Understanding was signed by representatives of the State Pollution Control Boards, Urban Local Institutions and Institute of Reputation (IoR), and involved 132 identified cities to implement the action plan for cities under the National Clean Air Programme (NCAP). Highlights: ♦ NCAP is a long-term, time-limited national strategy aimed at comprehensively addressing air pollution problems across India. ♦ Its goal is to reduce the concentration of particulate matter by 20% to 30% by 2024 (using 2017 as the base year). ♦ A national knowledge network composed of leading air quality experts has also been established as a technical advisory group to support activities under the National Clean Air Programme (NCAP) and guide local IoR in air quality research.  

    MoC Between India And Japan

    19 days ago
    Memorandum of Cooperation (MoC) signed between Japan and India in the field of water resources was approved by Union Cabinet. Highlights: ♦ The MoC was signed by the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti, Government of India and the Water Disaster Management Bureau of the Ministry of Land, Transport,  Infrastructure and Tourism of Japan. ♦ The Memorandum of Cooperation (MoC) is to develop long-term cooperation in the fields of water and delta management and water technology to increase the exchange of information, knowledge, technology and scientific joint experience, and to implement joint projects between the two countries. ♦ The Memorandum of Cooperation (MoC) support in improving irrigation facilities, achieving water security and the sustainability of water resources development.  

    Agreement Signed for Milan-2T

    21 days ago
    The Department of Procurement of the Ministry of Defense (MoD) and the National Defense Public Undertaking (DPSU) Bharat Dynamics Limited (BDL) signed a contract to provide the Indian Army with MILAN-2T Anti-Tank Guided Missiles (ATGM) Highlights: ♦ Milan-2T is a 1,850-meter Tandem Warhead ATGM produced by BDL under the license of the French MBDA missile system. ♦ These missiles can be launched from the ground and vehicle launchers ♦ These can also be deployed in Anti-Tank roles for offensive and defensive missions. ♦ introduction of these missiles will further enhance the armed forces’ operational preparedness, which will be completed within three years. ♦ This is a step towards achieving the goal of the Defense Department "Atmanirbhar Bharat".  

    MoU signed for Ken Betwa River Linking

    21 days ago
    A Memorandum of Understanding (MoU) signed between the Union Minister of Jal Shakti and the Chief Ministers of Madhya Pradesh and Uttar Pradesh to implement the Ken Betwa Link project to be signed. Highlights: ♦ A team of experts from the Ministry of Environment has postponed environmental clean-up work to the Lower Orr River Dam, which is part of the second phase of the Ken-Betwa River Connection Project. ♦ The Lower Orr Dam (Orr River in Madhya Pradesh) project is considered a national project and is part of the Ken-Betwa project. ♦ There are differences between the two states (Uttar Pradesh and MPs) on water sharing.  

    MoU On Cooperation In Sports Between India and Maldives

    26 days ago
    The Union Cabinet chaired by Prime Minister Narendra Modi has approved a memorandum of understanding on cooperation between India and Maldives in sports and youth affairs on March 16, 2021. Highlights: ♦ The memorandum of understanding on cooperation in sports and youth affairs was signed in November 2020. The memorandum was signed by the Ministry of Youth Affairs and Sports of India and the Ministry of Youth, Sports and Community Empowerment of Maldives. ♦ The bilateral exchange program between the two countries in the field of sports and youth affairs under the memorandum of understanding will help expand the expertise of sports science, sports medicine, coaching techniques, and participation in youth festivals and camps.  ♦ In turn, this will lead to an improvement in the performance of Indian athletes in international competitions. The memorandum of understanding will also strengthen bilateral relations between the two countries. ♦ The Memorandum of Understanding will benefit all Indian athletes from the region, caste, belief, gender and religion. ♦ After the Maldives gained independence from British rule in 1966, India and Maldives established diplomatic relations. India is the first country to recognize the independence of the island nation. Since then, the two countries have developed close strategic, economic, military and cultural relations. ♦ The two countries signed the "Maritime Boundary Treaty" in December 1976, reaching an agreement on the maritime boundary. The treaty placed "Minicoy Island" on the side of India's border. ♦ The two countries signed a comprehensive trade agreement in 1981. These two countries are founding members of the South Asian Association for Regional Cooperation (SAARC) and the South Asian Economic Association. They are also signatories of the South Asia Free Trade Agreement.  

    MoU signed forSub-Mission on Agroforestry (SMAF) Scheme

    35 days ago
    The Memorandum of Understanding between the Ministry of Agriculture and Farmer Welfare and the Central Silk Board is aimed at implementing a model for the integration of agriculture and forestry in the silk sector under the currently implemented Sub-Mission on Agroforestry (SMAF) Scheme  Highlights: ♦ The signing of the Memorandum of Understanding aims to encourage farmers to adopt agro-forestry model based on sericulture, thereby contributing to the creation of Indian manufacturing and the Prime Minister’s vision of the world. ♦ This connection will add another dimension to agriculture and forestry to enable growers to obtain faster returns and support the production of India’s famous series of silks. ♦ The Central Silk Board will promote the development of Agroforestry in the silk industry. About Sub-Mission on Agroforestry (SMAF): ♦ The scheme has been implemented since 2016-16 and is part of the 2014 National Agroforestry Policy recommendations. ♦ Implemented by the Department of Agriculture, Cooperation and Farmer Welfare in 20 states and 2 UTs. ♦ This sub-mission is under the responsibility of the National Mission for Sustainable Agriculture (NMSA). ♦ SMAF aims to encourage farmers to plant multi-purpose trees together with agricultural crops for: ♦ ♦ Climate resilience ♦ ♦ Additional source of income to the farmers ♦ ♦ Enhanced raw materials for the wood and herbal medicine industry ♦ ♦ Therefore, in addition to the long-term use of wood species, a concerted effort is needed to include medicinal, fruit, fodder, tree-borne oil seeds, lac host, etc. ♦ ♦ This is aimed at increasing sericulture host plants, such as Mulberry, Asan, Arjuna, Som, Soalu, Kesseru, BadaKesseru, Phanat, etc. will be planted as block plantations and farmland boundaries or surrounding plantations.

    MoU signed between India and France

    39 days ago
    The Cabinet approved a memorandum of understanding on Renewable Energy Cooperation between India and France. Highlights: ♦ The MoU was signed in January 2021. ♦ The purpose of the memorandum of understanding is to lay a foundation for promoting bilateral cooperation in the field of new energy and renewable energy on the basis of mutual benefit, equality and reciprocity. ♦ It covers technologies related to solar energy, wind energy, hydrogen energy and biomass energy. ♦ MoU requires exchange and training of scientific and technical personnel, exchange of scientific and technical information and data, organization of workshops and seminars, transfer of equipment, expertise and technology; and development of joint research and technology projects.  

    MoU Signed Between India and Fiji

    39 days ago
    The Cabinet approved a memorandum of understanding on cooperation between India and Fiji in the fields of Agriculture and related sectors. Highlights: The memorandum of understanding requires the exchange of scientists, experts, technology transfer, infrastructure development for agricultural development, holding workshops and seminars, forming joint ventures, promoting agricultural product marketing and value-added investment, promoting direct agricultural trade, research programs, etc. The Memorandum of Understanding (MoU) will be valid for five years.

    MCA-CBIC Memorandum of Understanding for Data Exchange

    45 days ago
    The Ministry of Corporate Affairs (MCA) and Central Board of Indirect Taxes and Customs (CBIC) signed a MoU on February 25, 2021. Highlights: ♦ The memorandum of understanding has been signed and data exchange is currently taking place between the two organizations. ♦ It was signed by Shri Manoj Pandey, Joint Secretary of MCA and ADG Shri B. B. Gupta of CBIC. ♦ The memorandum of understanding is in line with the vision of both organizations to utilize data capabilities to ensure effective execution. ♦ By signing a memorandum of understanding, MCA and CBIC will benefit from access to each other’s databases. ♦ These databases include detailed information about import and export transactions and consolidated financial statements of companies registered in India. ♦ In the context of the development of MCA21 version 3, data sharing protocols have become more important. ♦ The MCA21 version will use the most advanced technology to improve the convenience of doing business in India. ♦ It will also improve regulatory enforcement.

    India and Mauritius Sign a Limited Trade Pact Agreement

    47 days ago
    India and Mauritius signed the Comprehensive Economic Cooperation and Partnership Agreement (CECPA). This is the first trade agreement with any African country. The agreement was signed in the presence of Mauritian Prime Minister Pravind Jugnauth and Indian Minister of External Affairs S Jaishankar. CECPA was approved by the Cabinet of Ministers of India on February 17, 2021 and will take effect in March 2021. About Comprehensive Economic Cooperation and Partnership Agreement (CECPA): ♦ Under this limited agreement, India will be given priority access to the Mauritius market, and vice versa. ♦ On the other hand, India will get 310 products and Mauritius will get 615 products. ♦ India will also gain access to 115 sub-sectors in 11 broad service sectors. ♦ India will get food and beverages, agricultural products, textiles and clothing and other commodities, while Mauritius will get frozen fish, biscuits, specialty sugars, fresh fruits, juices ♦ These sectors include financial services, software and telecommunications. ♦ The agreement also allows the unrestricted flow of skilled professionals.

    MPEDA-NCDC MoU will Promote Export-Oriented Marine Product

    47 days ago
    Marine Product Export Development Authority (MPEDA) and National Cooperative Development Corporation (NCDC) signed a Memorandum of Understanding (MoU) to promote Export-Oriented Marine Product. Highlights: ♦ Signed a memorandum of understanding to coordinate with the export-oriented capture and cultural programs in the fisheries sector and other related sectors. ♦ Signed by MPEDA Chairman KS Srinivas and NCDC Managing Director Sundeep Kumar Nayak. ♦ The Memorandum of Understanding seeks to bring better value to stakeholders through multiple activities including export focus. ♦ Under the Memorandum of Understanding, both MPEDA and NCDC will develop programes to provide cooperatives with technical knowledge to expand the infrastructure created for primary production purposes. ♦ It will also provide support for the post-harvest management of the marine product export sector. ♦ Under the Memorandum of Understanding, MPEDA will share a list of all clusters across the States with NCDC. Then, NCDC will enter the cluster to achieve export-oriented scale and aggregation. ♦ In addition to organizing awareness-raising programs and conducting workshops for stakeholders, they will also collaborate on capacity development for several stakeholders. ♦ Finally, MPEDA and NCDC will work together to achieve export targets and the goal of doubling farmers’ income.  

    MoU Between India and Japan on Training of Skilled Workers

    57 days ago
    On February 12, 2021, the Minister of State for Technological Development and Entrepreneurship Raj Kumar Singh stated in Rajya Sabha’s written reply that the Government of India and the Government of Japan in January 2021 signed a Memorandum of Cooperation (MoC)for the training of skilled workers. Highlights: ♦ The Ministry of Commerce signed on the basic framework of the partnership. The agreement was signed to enable the "designated skilled worker" system to operate normally. ♦ According to the regulations of the Japanese Ministry of Commerce, skilled Indian workers from 14 industries have been identified to increase employment opportunities in Japan. ♦ These skilled Indian workers are selected from the following industries: building cleaning, care, industrial machinery manufacturing, material processing industry, construction, electrical and electronic information related industries, automobile maintenance, shipbuilding and shipbuilding related industries, aviation, agriculture, accommodation, food and Beverage manufacturing, fishery and food service industries. ♦ In November 2016, India’s Ministry of Skills Development and Entrepreneurship (MSDE) and Japan’s Ministry of Economy, Trade and Industry signed a 10-year "Manufacturing Skills Transfer Promotion Program" memorandum of cooperation (MoC). ♦ In terms of production line transfer, India-based Japanese Industry has launched 13 Japanese Institute of Manufacturing (JIM) and 5 Japanese Chartered Courses (JEC). ♦ In addition, in October 2017, MSDE signed a MoC with the Indian Ministry of Justice, the Ministry of Foreign Affairs and the Ministry of Health, Labour and Welfare of Japan, and invited candidates from India to Japan under the Technical Intern Training Program (TITP). ♦ The signing of this MoC on TITP aims to expand bilateral cooperation between India and Japan in the field of skills development. It seeks to change the skills ecosystem in India by sending and accepting technical interns from India to Japan. ♦ Under the leadership of TITP, India has sent 220 candidates in the fields of construction, agriculture, manufacturing and healthcare to Japan.  

    MoU Between India and Afghanistan

    60 days ago
    India and Afghanistan were signing ceremony of the Memorandum of Understanding for the construction of the Lalandar "Shatoot" dam, Afghanistan. Highlights: ♦ The project is part of a New Development Partnership between India and Afghanistan. ♦ The Lalandar [Shatoot] dam will meet the safe drinking water needs of Kabul City, provide irrigation water to nearby areas, repair the existing irrigation and drainage network, assist in flood control and management in the area, and provide electricity to the region. ♦ This is the second largest dam built by India in Afghanistan, after the India-Afghanistan Friendship Dam [Salma Dam] opened in June 2016. ♦ As part of its development cooperation with Afghanistan, India has completed more than 400 projects covering all 34 provinces of Afghanistan.

    MoHUA Signed MoU with Zomato

    66 days ago
    Ministry of Housing and Urban Affairs (MoHUA) and Zomato signed a Memorandum of Understanding to join street food vendors on its food technology platform. Highlights: ♦ Ministry of Housing and Urban Affairs (MoHUA) and Zomato signed a Memorandum of Understanding to join street food vendors on its food technology platform. This will allow street food vendors to access thousands of consumers online and help these vendors develop their businesses. ♦ In October 2020, MoHUA reached a similar agreement with Swiggy, another online food ordering and delivery platform. ♦ MoHUA launched a Mobile Application for PM SVANidhi se Samriddhi. ♦ This mobile application will assist city officials to conduct door-to-door data collection for socio-economic analysis of PM SVANidhi beneficiaries and their families. ♦ This will be done in 125 selected cities as an additional component of PM SVANidhi. ♦ This application will enable ULB field functionaries to conduct socio-economic profile analysis activities even without any Internet connection. ♦ The implementing partner of the Indian Quality Council and MoHUA developed the mobile application. ♦ The purpose of the program is to map the socio-economic profile of PM SVANidhi beneficiaries and their families, assess their potential eligibility to participate in various central welfare schemes, and promote connections with these schemes to promote their overall development and socio-economic development.  

    Ministry of Textiles And Japans Nissenken Quality Evaluation Center Signed a MoU

    73 days ago
    A formal MoU signing ceremony was held between the Textile Committee of the Ministry of Textiles of India and M/s. Nissenken Quality Evaluation Center, Japan. Highlights: ♦ Aim: Provide necessary support to the textile trade and industry for ensuring quality as per the requirement of Japanese buyers through Testing, Inspection & Conformity Assessment. ♦ It is expected that the Memorandum of Understanding will strengthen bilateral trade by increasing India’s Textile and Apparel (T&A) exports to Japan, which is the world’s third-largest export destination.

    MoU for S&T Development Between CSIR and Ladakh

    73 days ago
    The Council for Scientific and Industrial Research (CSIR) and the United Territory of Ladakh signed an agreement to develop a joint territory through science and technology (S&T) intervention. Highlights: ♦ The agreement was signed by D. Srinivas Reddy, Director of CSIR-IIIM, and Rigzin Samplel, who is an agricultural and horticultural specialist in Ladakh, Utah. ♦ The signing of the Memorandum of Understanding aims to establish a knowledge partnership between CSIR and Ladakh UT. ♦ It seeks to develop areas such as natural resource exploration, the introduction of cash crops in the area, and the utilization of biological resources unique to Ladakh. ♦ In the first phase, CSIR-IIIM, CSIR-CMERI, CSIR-NBRI, CSIR-IHBT, CSIR-CLRI and CSIR-NGRI will provide extensive knowledge and technical support in the territory of the alliance. To this end, the CSIR-IIIM of Jammu will become a node organization. ♦ Main areas of interest include aromatic and nutritious plants or crops, geophysical mapping, environmentally friendly leather processing, bioprospecting of local microorganisms, industrial agriculture (focusing on the commercialization of local and other high-value drugs), plant diversity, and microbial and biotech interventions. CSIR: CSIR was established by the Indian government in September 1942. It is an autonomous organization and has now become India's largest R&D organization. This institution is mainly funded by the Ministry of Science and Technology. According to the Association Registration Act of 1860, it is an autonomous institution. The various institutes of CSIR will now start research and development, promotion and social projects under this agreement. These projects will be based on its core competitiveness in the region. The institution is involved in various research and development activities such as structural engineering, aerospace engineering, marine science, metallurgy, chemistry, food, life sciences, petroleum, leather and environmental sciences.

    India Signed MoU with IEA for Global Energy Security

    74 days ago
    India has signed a strategic partnership framework agreement with the International Energy Agency (IEA). The Memorandum of Understanding (MoU) aims to strengthen cooperation on global energy security, stability and sustainability. It will also facilitate extensive knowledge exchange between the two. Highlights: ♦ The memorandum of understanding is also a stepping stone towards India's formal entry into the IEA. ♦ The memorandum of understanding (MoU) will also strengthen mutual trust and cooperation, and enhance global energy security, stability and sustainability. ♦ The agreement was signed by Minister of Electricity Sanjiv Nandan Sahai and IEA executive director Fatih Birol. ♦ The IEA Secretariat will carry out cooperative activities in India. The IEA will also promote discussions between IEA members and India to develop strategic partnerships. ♦ IEA is an autonomous intergovernmental organization headquartered in Paris, established in 1974 after the 1973 oil crisis. It was established within the framework of the Organization for Economic Cooperation and Development (OECD). ♦ The purpose of establishing the IEA is to deal with the actual interruption of oil supply, in addition to acting as a source of statistical information on the international oil market. Now, it also serves as a policy advisor to its member states. ♦ IEA also cooperates with non-member countries such as China, India and Russia. The agency focuses on the "3Es" of effective energy policies, namely energy security, economic development and environmental protection. It also promotes the development of alternative energy sources, such as renewable energy, transnational energy technology cooperation, and reasonable energy policies.

    POWERGRID and HPSEBL Signed the OPGW Telecom Network Agreement

    80 days ago
    The telecommunications connectivity in hilly areas is improved by signing the agreement between the Power Grid Corporation of India Limited (POWERGRID) and the Himachal Pradesh State Electricity Board Limited (HPSEBL) to utilize 500 kilometers of OPGW telecommunications network in Shimla (HP). Highlights: ♦ Through the OPGW network, telecommunications service providers will be able to provide uninterrupted mobile/Internet services to the people of the state. ♦ The optical ground wire is also called OPGW, or in IEEE standards, it is called optical fibre composite overhead ground wire. It is a type of cable used in overhead power lines. This cable combines grounding and communication functions. ♦ OPGW is an optical fibre composite ground wire. The cable contains a tubular structure with one or more optical fibres and is surrounded by layers of aluminium and steel wires. ♦ This layer of aluminium and steel wire is used to connect the tower to the ground. The optical fibre in the cable is used for high-speed data telemetry between utilities, or sold to certain third parties for high-speed fibre interconnection between cities.

    MoU between India and Uzbekistan

    81 days ago
    The Cabinet approved the signing of an MoU between India and Uzbekistan for cooperation in the field of Solar Energy.  About MoU: The main work area is to determine the research/demonstration/pilot projects between the National Institute of Solar Energy (NISE) of the Ministry of New and Renewable Energy of India and the Uzbekistan International Solar Energy Institute (ISEI). The following are mutually determined areas: Solar Photovoltaic, Storage Technologies, Transfer of Technology. According to the mutual agreement, the two parties will work hard to implement and deploy pilot projects in the member countries of the International Solar Alliance (ISA).

    Defence Geo-Informatics Research Establishment by DRDO

    81 days ago
    DRDO signed a Memorandum of Understanding framework with the Ministry of Road Transport and Highways (MoRTH) for Geo-hazard Management. MoU Details: ♦ The MoU aims to strengthen collaboration in the field of technical exchanges and cooperation in sustainable geohazard management. ♦ According to the Memorandum of Understanding, DRDO and MoRTH will cooperate in various mutually beneficial fields related to geohazard management. ♦ The initiative will ensure safety to prevent landslides and other natural disasters from adversely affecting the country’s national highways. ♦ It has been agreed that the expertise of DRDO (through the DGRE) will be used to provide sustainable mitigation measures for damage caused by landslides, avalanches and other natural factors on various National Highways in the country. About DGRE: The Defense Geo-Informatics Research Establishment (DGRE) is the DRDO laboratory, a leading organization in the development of key technologies that can improve operational efficiency, with a focus on terrain and avalanches. Its role and charter include mapping, forecasting, monitoring, controlling and mitigating of landslides and avalanches in Himalayan terrain. Terrain and modeling simulation are important assets of DGRE, and it will play an important role in planning and building strong road infrastructure in difficult terrains.

    Indian Army to Procure UAV

    85 days ago
    The Indian Army has signed a contract to purchase high-altitude drones from ideaForge at a price of US$20 million. Highlights: ♦ ideaForge is a start-up company founded and incubated by alumni of the Indian Bombay Institute of Technology (IIT-B). ♦ The contract is for a high-altitude variant of SWITCH UAV (Unmanned Aerial Vehicle), which is a local system for surveillance operations. ♦ This marks a strategic shift in India's defence procurement process that focuses on local technologies. ♦ This is an example of how government-funded start-ups can help the country develop. For any Indian drone equipment manufacturer, this is the order with the largest contract value. Importance of Unmanned Aerial Vehicle: The Army has ordered an advanced high-altitude version of SWITCH UAV, which is a vertical take-off and landing drone. It is a fixed-wing hybrid unmanned aerial vehicle (UAV). Its functions include: -    Advanced flight time within 15 kilometres. -    It is about 2.6m long, 1.8m wide, and weighs less than 6.5 kg. -    Higher safety and simple operation as well as additional fail-safe redundancy. -    Used for long-term operation in harsh environments, for day and night surveillance in intelligence, surveillance and reconnaissance (ISR) missions. -    The technology used in the photogrammetry-the process of recording, measuring and interpreting photographic images and patterns of electromagnetic radiation images to obtain reliable information about physical objects and the environment. Other uses of UAV are crowd monitoring, disaster management, precision agriculture, mining, etc.

    Memorandum of Agreement signed Aquifer Mapping & Management

    108 days ago
    The Central Ground Water Board (CGWB), the Ministry of Jal Shakti and the Council of Scientific and Industrial Research–National Geophysical Research Institute, recently signed a Memorandum of Agreement (MoA) to use advanced heliborne geophysical survey (via helicopter) and other Scientific studies under the Aquifer Mapping Programs. Highlights: ♦ Geophysical data is used to provide information about the physical properties of the earth's surface and underground. As a result, geophysical data can help locate hydrocarbons, minerals, aggregates and other natural resources. For example groundwater mapping, mineral mapping Objectives of the study: - High-resolution aquifer mapping using heliborne geophysical research (including determining the location of artificial replenishment). - The main advantages of the Heliborne geophysical survey are that it is fast, data-intensive, accurate and economical. - Create 3D geophysical models, horizontal and vertical plain geophysical maps. - Aquifer Geometry of principal aquifer with the demarcation of de-saturated and saturated aquifers. - Rocks that store groundwater is called aquifers. They are usually composed of gravel, sand, sandstone or limestone. - The spatial and depth distribution of the ancient channel network (if any) and its connection with the aquifer system. - A palaeochannel or an ancient channel is a remnant of an inactive river or stream channel filled or buried by younger sediments - Choose suitable locations for groundwater extraction and water conservation through artificial or managed aquifer recharge. - The study is likely to generate groundwater data in a short period of time, and improve groundwater levels in water-scarce areas by formulating site-specific plans to help groundwater management.

    Indian Army signs MoU with Bank of Baroda for new Baroda Military Salary Package

    111 days ago
    Indian Army and Bank of Baroda signed a Memorandum of Understanding (MoU) for Baroda Military Salary Package. The MoU was signed by Lt Gen Ravin Khosla, DG(MP&PS) and Shri Vikramaditya Singh Khichi, Executive Director, Bank of Baroda. The MoU lays down the basis on which banking services would be provided by Bank of Baroda to serving and retired personnel of Indian Army. Highlights: ♦ Services under Baroda Military Salary Package will be offered to serving and retired personnel of Indian Army through the Bank's network of over 8,200 domestic branches and around 20,000 business correspondent touchpoints. ♦ The package will offer very attractive benefits including free Personal Accidental Insurance cover, Permanent Total Disability cover, Partial disability Cover and Air Accident Insurance Cover of sizeable amounts, and Higher Education Cover and Girl Child Marriage Cover on death in case of serving personnel.  ♦ Other offers under the package will include unlimited free ATM transactions at all bank ATMs, waivers or concessions on various service charges in retail loans, free remittance facility through RTGS/NEFT, free Demand Draft/Banker's Cheque, substantial discount in locker rentals, and various additional benefits in usage of Cards.

    World Bank Signs $500 Million Project to Develop Green NH Corridors

    111 days ago
    The Government of India (GoI) and the World Bank signed a $500 million project is to build safe and green national highway corridors in the states of Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh. The project aims to enhance the capacity of the Ministry of Road Transport and Highways (MoRTH) in mainstreaming safety and green technologies.  Highlights: ♦ As per the projcet agreement, the Green National Highways Corridors Project will support MoRTH to construct 783 km of highways in various geographies by integrating safe and green technology designs such as local and  industrial byproducts, marginal materials, and other bioengineering solutions.  ♦ The project will help reduce GHG emissions in the construction and maintenance of highways. ♦ The objective of transport infrastructure is to provide seamless connectivity and reduce logistics costs.  ♦ The Government of India has launched many investment programs in road sector infrastructure to strengthen and improve logistics performance.  ♦ The project will support analytics to map the freight volume and movement pattern on the National Highway network, provide innovative logistics solutions and identify constraints.  ♦ The selected stretches in the states of Uttar Pradesh, Andhra Pradesh, Rajasthan and Himachal Pradesh will also help improve connectivity and promote economic development.

    A Virtual Summit Between India and Bangladesh

    113 days ago
    The Prime Minister of India & Bangladesh held a virtual summit. The two sides conducted comprehensive discussions on all aspects of bilateral relations and exchanged views on regional and international issues. MoUs and agreements were signed on: ♦ Cooperation in the field of Hydrocarbon Sector. ♦ India Grant Assistance for Implementing High-Impact Community development projects through Local Bodies and other Public Sector Institutions. ♦ Protocol on Transboundary Elephant Conservation ♦ Provide equipment and improve garbage/solid waste disposal Ground at Lamchori area of Barishal City Corporation. ♦ Cooperation in the field of Agriculture ♦ MoU between the National Museum, New Delhi, India and the Father of the Nation Bangabandhu Sheikh Mujibur Rahman Memorial Museum, Dhaka, Bangladesh  ♦ Terms of reference of the Bangladesh - India CEO's Forum

    Mou Signed Between India And The USA

    115 days ago
    The Cabinet approved an MoU between India and the United States to exchange information in areas of common interest in the electricity sector. Highlights: ♦ The MoU signed between the Central Electricity Regulatory Commission (CERC) of India and the Federal Energy Regulatory Commission (FERC) of the United States. ♦ The MoU will help to improve the regulatory and policy framework to establish an effective wholesale electricity market and improve grid reliability. ♦ CERC is a statutory body operating under Sec 76 of the Electricity Act 2003. ♦ It was originally established in 1998 under the Electricity Regulatory Commission Act of 1998.  ♦ The committee intends to promote competition, efficiency, and economy in the bulk power market, improve supply quality, promote investment, and recommend the government to eliminate institutional barriers to bridge the gap in demand and supply, thereby promoting consumer interests. Some of the functions of CERC: ♦ Regulate electricity prices for power generation companies owned or controlled by the central government; ♦ Regulate electricity transmission between inter-state. ♦ Determine the electricity price for inter-State transmission of electricity. ♦ Charge fees for the purposes of the Act. ♦ Specify the grid code according to the grid standard; ♦ Specify and implement standards regarding the quality, continuity, and reliability of the licensee’s services; ♦ When necessary, determine the transaction margin in the inter-state power transaction; ♦ CERC also performs some advisory functions, such as formulating National  Electricity Policies and Tariff Policies.

    Government of India and NDB sign agreement

    115 days ago
    The government of India (GOI) signed a loan agreement with the New Development Bank (NDB) for a loan of $1,000 million. About Agreement: The government of India (GOI) signed a loan agreement with the New Development Bank (NDB) for a loan of $1,000 million for ‘supporting India’s economic recovery from COVID-19’ by supporting expenditures on rural infrastructure related to Natural Resource Management (NRM) and rural employment generation under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). 

    Cabinet approves the proposal of SEBI to sign Bilateral MoU between India and Luxembourg

    122 days ago
    Union cabinet approved the proposal of the Securities and Exchange Board of India (SEBI) to sign a bilateral memorandum of understanding (MOU) SEBI and the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). Objectives: ♦ The Memorandum of Understanding may strengthen cross-border cooperation in the field of securities supervision and promote mutual assistance. ♦ Contribute to improving the efficiency of the supervisory function and help impart knowledge in technical fields. ♦ Ability to effectively enforce laws and regulations related to the Indian and Luxembourg securities markets. Highlights: ♦ Like SEBI, CSSF is a co-signer of the International Organization of Securities Commission's Multilateral Memorandum of Understanding (IOSCO MMoU). ♦ The proposed bilateral memorandum of understanding will help to strengthen the information sharing framework for effective enforcement of securities laws, and will also help establish technical assistance programs ♦ The technical assistance program will benefit the authorities through consultations related to capital markets, capacity building activities and staff training programs.

    NTPC signed MoU with IIFM, Bhopal for Narmada Landscape Restoration Project

    126 days ago
    NTPC Ltd. signed a Memorandum of Understanding (MoU) with the Indian Institute of Forest Management (IIFM), Bhopal, an Autonomous Institute that functions under the Ministry of Environment, Forest and Climate Change (MoEF&CC), GoI, to implement the Narmada Landscape Restoration Project. The project aims to establish an incentivization mechanism to maintain sustainable landscape practices in the Narmada basin. Highlights: ♦ The span of the project will be 4 years as per the MoU.  ♦ The project will be implemented in Khargone, Madhya Pradesh, in the catchments of selected tributaries of the River Narmada between Omkareshwar and Maheshwar dams.  ♦ IIFM, Bhopal with the grant-in-aid from NTPC Ltd., will be jointly implementing this project with Global Green Growth Institute (GGGI). GGGI is an intergovernmental organization that promotes sustainable and inclusive economic growth in emerging economies.  ♦ GGGI will participate in this project with funding support from USAID, the international development arm of the US Government. ♦ This consortium project with the collaboration of NTPC, IIFM, GGGI, USAID will open new vistas that will manage watersheds in the country to maintain water quality and supplement Smart Cities by introducing a smarter way of purification of urban water supplies.

    SJVN, IREDA signed MoU for Green Energy Projects

    126 days ago
    SJVN Limited, a PSU under the Ministry of Power has signed a Memorandum of understanding (MoU) with Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy. The MoU was signed by Shri Nand Lal Sharma, CMD, SJVN and Shri Pradip Kumar Das, CMD, IREDA in the presence of Shri Akhileshwar Singh, Director (Finance), SJVN, Shri Surinder Pal Bansal, Director (Civil), SJVN, Shri Chintan Shah, Director (Technical), IREDA, and other senior officials Highlights: ♦ Under this, IREDA will provide its services to SJVN for Green Energy projects.  today through virtual mode. ♦ Also, IREDA will undertake Techno-Financial due diligence of Renewable Energy, Energy Efficiency & Conservation Projects for SJVN. ♦ As per the MoU, IREDA will also assist SJVN in developing an action plan to create and acquire Renewable Energy projects for the next 5 years. ♦ SJVN aims to contribute to realizing the renewable energy target of 175 GW by 2022 set by Prime Minister Narendra Modi. ♦ Currently, SJVN is developing a 100 MW Dholera Solar Power Project and 100 MW Raghanseda Solar Power Project in Gujarat.  ♦ Both SJVN & IREDA will work together in forming a synergy between both the organization. ♦ The MoU will serve to facilitate knowledge and technology transfer and provide consultancy & research services, which will contribute to driving sustainable development of the country.

    APEDA, NABARD signed MoU to work together to synergize the activities in the field of agriculture and allied sectors

    130 days ago
    Agricultural and Processed Food Products Export Development Authority (APEDA) and National Bank for Agriculture and Rural Development (NABARD) signed an MoU to work together in the field of agriculture and allied sectors to bring better value to the stakeholders.  Highlights: ♦ Under this MoU, it would jointly work towards the capacity development of various stakeholders.   ♦ APEDA, NABARD will jointly work towards organizing outreach programs, awareness programs, and workshops for stakeholders. ♦ The MoU enhances farmer's income by doubling the farmers’ income as set out by the Government of India. ♦ The Mou will extend benefit of relevant schemes/other initiatives of NABARD and APEDA for development of Farmers Producer Organization (FPO). ♦ Under this MoU, APEDA will formulate a program in association with NABARD to provide technical know-how to cooperatives/FPOs to the upscale infrastructure created for post-harvest management for APEDA scheduled products to promote exports. ♦ It will jointly identify clusters in various States for scaling up.  ♦ APEDA will facilitate exports by the FPOs assisted/promoted by NABARD.

    India, USA signed MoU on Intellectual Property cooperation

    130 days ago
    Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry and the United States Patent and Trademark Office (USPTO), Department of Commerce of the USA has signed a Memorandum of Understanding (MoU) on 2 December 2020. The aim is to enhance co-operation in the field of Intellectual Property. The two countries will draw up the Biennial Work Plan to implement the MoU.  Highlights: ♦ Under the MoU, detailed planning to carry out of the co-operation activities including the scope of action.  ♦ Union Cabinet approved for signing the MoU with the United States Patent and Trademark Office (USPTO) in the field of IP Cooperation. ♦ The MoU aims to increase IP co-operation between the two countries by facilitating exchange and dissemination of experiences, best practices,  and knowledge on IP among the public, and between and among the industry, research and development (R&D) organizations, Universities, and Small and Medium-sized Enterprises through participation in programs and events organized singly or jointly by the Participants. ♦ It also aims for Collaboration in training programs, exchange of experts, technical exchanges and outreach activities. ♦ It also approves the exchange of information and best practices on processes for registration and examination of applications for patents, trademarks, copyrights, geographical indications, and industrial designs, and also the protection, enforcement, and use of IP rights. ♦ It also Cooperates to understand various issues related to traditional knowledge, and the exchange of best practices, including those related to traditional knowledge databases and awareness raising on the use of existing IP systems for the protection of traditional knowledge. ♦ The MoU will also enhance cooperation activities as may be mutually decided by the Participants.

    India, Finland signed MoU to develop cooperation in the field of Environment protection and biodiversity conservation

    136 days ago
    India and Finland signed an MoU to develop cooperation in the field of environmental protection and biodiversity conservation. The MoU was signed virtually by Union Minister of Environment, Forest and Climate Change Shri Prakash Javadekar from the Indian side and Ms. Krista Mikkonen, Minister of the Environment and Climate Change, Government of Finland from the Finnish side Highlights: ♦ The MoU is signed to further advance Indian and Finnish partnership and support, exchange best practices in areas like prevention of Air and water pollution. ♦ Under the MoU, the countries will work on Waste management, Conservation of Marine and Coastal Resources, Promotion of circular economy, low-carbon solutions, and sustainable management of natural resources including forests, Climate change, etc. ♦ Under the MoU, the two countries will work together towards the fulfillment of commitments made under the Paris Agreement. ♦ It will also strengthen scientific, technological, and management capabilities and develop bilateral cooperation in the field of environmental protection and biodiversity conservation on the basis of equality, reciprocity, and mutual benefit with due respect to the promotion of sustainable development.

    World Bank, GoI and Meghalaya Govt. signs Meghalaya Integrated Transport Project

    142 days ago
    The government of India, the government of Meghalaya and the World Bank signed a $120 million project to improve and modernize the transportation sector in Meghalaya. Highlights: ♦ The project will improve approximately 300 kilometres of strategic road sections and independent bridges through the use of innovative, climate-resilient, nature-based solutions. ♦ It will support innovative solutions, such as precast bridges, to reduce construction time and costs. ♦ MITP will help Meghalaya develop reliable, climate-resistant and safe roads, which are vital to the state’s economic development. ♦ About half of the state's 5,362 residential areas lack transportation links. ♦ The operation will also support the state government's "Restart Meghalaya Mission" to revive and promote development activities affected by the COVID-19 pandemic.

    MOU Signed For Indias First Green Energy Convergence Project

    142 days ago
    Energy Efficiency Services Limited (EESL), a joint venture between PSU under the Ministry of Power and the Department of New Renewable Energy (DNRE) of Goa City, has signed a memorandum of understanding (MOU)to implement India’s first convergence project in India. Highlights: ♦ According to the MoU, EESL and DNRE will conduct feasibility studies and subsequently implement decentralized solar projects. ♦ EESL will implement solar projects, including: - (a)Establish a 100 MW decentralized ground-mounted solar power project on government land for agricultural water pumping. - (b) Replace approximately 6,300 agricultural pumps with BEE-star energy-saving pumps. - (c) Distribute approximately 160,000 LED bulbs to rural families. ♦ These projects will speed up the use of renewable energy, especially in the state's agriculture and rural electricity.

    GoI and NDB Signs Agreement for USD 500 Million

    143 days ago
    The New Development Bank (NDB), headquartered in Shanghai, has approved a US$500 million loan fund for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) project to further improve the public transport system and ease the national capital area. Crowding took a step forward. The Ministry of Urban Affairs, the Ministry of Finance, the National Capital Region Transportation Corporation (NCRTC) and multilateral banks signed loan agreements. Highlights: ♦ These funds will be used to finance rolling stock, signalling systems, operating structures, operating personnel's residences, train control and telecommunications systems. ♦ The loan term of the China Development Bank is 25 years and the grace period is 8 years. The lack of effective public transportation options and the rapid increase in vehicle traffic have made the National Capital Region one of the most polluted areas in the world.  ♦ The Ministry of Finance stated that by 2030, NCR is expected to become the most populous urban area in the world, which will increase the pressure on housing, water supply, electricity and transportation facilities. ♦ The purpose of the express rail project is to establish a high-speed commuter rail network connecting Delhi with adjacent cities. The 82-kilometer Delhi-Ghaziabad-Meerut RRTS will be implemented in phases between cities. The train will reduce the time of travel from Delhi to Meerut from the current 3-4 hours to less than one hour ♦ Funds from the New Development Bank will also be used to purchase signal, telecommunications and train control systems with advanced functions, such as automatic train operation, automatic train protection, automatic train supervision and integration with platform screen doors. ♦ The project can serve as a demonstration of the development of high-capacity rapid urban transport corridors in other urban areas of India.

    RAA Signed Between Japan and Australia

    144 days ago
    Japan and Australia signed a landmark defence agreement (Reciprocal Visit Agreement - RAA) to counter the growth of China's influence in the South China Sea and the entire Pacific island nations. Highlights: ♦ The Reciprocal Visit Agreement (RAA) was reached a few weeks after the foreign ministers of the Quartet Alliance, including the United States and India, met in Tokyo. ♦ The agreement allows the Japanese and Australian troops to visit each other’s countries and conduct training and joint operations. ♦ The Prime Minister of Australia said the treaty would strengthen the security relationship between the two countries and promote cooperation between the Defence Forces. ♦ The two sides also agreed that a framework was needed to allow the Japanese army to protect the Australian military when needed.

    Four Agreements Signed Between India and Maldives

    153 days ago
    India and Maldives have concurred more than four MOUs during the visit of India's Foreign Secretary Harsh Vardhan Shringla to the Maldives. The four MOUs were finished paperwork for collaboration in sports and youth issues; availability venture, the setting of plant and soil testing labs.  Highlights: ♦ One of the four MoUs was finished paperwork for the award of $100 million by India for the Greater Male Connectivity Project (GMCP). This task will interface Maldives capital Male with three islands. The absolute expense of this ♦ GMCP venture is $500 million. Rest $400 million for the task will likewise be given by India. This understanding was marked with the Foreign Minister of Maldives, Abdulla Shahid.  ♦ The subsequent understanding marked between the two nations is to set up a plant and soil testing research facility with an award of 1.71 million Maldivian rufiyaas.  ♦ The third arrangement has been finished paperwork for the foundation of a medication detox office with another award of 7.7 million Maldivian rufiyaas.  ♦ The fourth MOU was marked to expand participation in the field of sports and youth issues between both the nations.  ♦ Maldives is the 6th nation visited by the secretary after the limitations because of COVID-19. Unforgiving Vardhan Shringla was on a 2-day visit to Maldives.  ♦ Other five nations visited by Shringla after COVID-19 are-the UK, Myanmar, Bangladesh, France and Germany. Shringla and Maldives Foreign Secretary additionally had discusses the monetary recuperation after the effect of pandemic, accelerating the execution of the continuous collaboration ventures, advancing the travel industry, and so forth  ♦ These MOUs will assist with improving the relations between the two nations. Maldives the travel industry has been significantly influenced by COVID-19 and in view of this India gave an advance of $250 million to the nation in September 2020.  ♦ The Indian unfamiliar secretary valued the "India First" strategy of Maldives and furthermore said that it is unequivocally responded by India through "Neighborhood first" arrangement.

    Memorandum of Understanding between India and Cambodia

    164 days ago
    The Union Cabinet approved the signing of the Memorandum of Understanding (MoU) between India and Cambodia on cooperation in the field of health and medicine on October 29, 2020. Highlights: ♦ The MoU will make cooperation strong between the two countries through joint initiatives and technology development in the health sector. ♦ The pact will become effective on the date of its signature and will remain in force for a period of five years. ♦ The main areas of cooperation between India and Cambodia include -- mother and child health, family planning, HIV/AIDS and TB, drugs and pharmaceuticals, technology transfer, public health and epidemiology, disease control (communicable and non-communicable) and medical research. ♦ It also includes development-subject to the approval of the National Ethics Committee of Cambodia and the clearance by concerned department/Ministry in India, medical education, health human resources development in the field of public health, training in clinical, para-clinical and management skills.

    MoC between India and Japan on cooperation in the field of ICTs

    164 days ago
    Cabinet approves Memorandum of Cooperation between India and Japan on cooperation in the field of information and communication technologies (ICTs). Highlights: ♦ The Memorandum of Cooperation (MoC) is expected to contribute to strengthening bilateral cooperation and mutual understanding in the field of communications  ♦ Moc will serve as a strategic initiative for India as Japan is an important partner with “Special Strategic and Global Partnership” status. ♦ The MoC will further enhance opportunities for India to get into the global standardization process. ♦ The MoC will help in cooperation between both countries in various fields like 5G network, telecom security, submarine cable, standard certification of communication equipment, utilization of latest wireless technologies and ICTs, ♦ ICTs capacity building, public protection and disaster relief, artificial intelligence (AI)/block chain, spectrum chain, spectrum management, cooperation on multilateral platforms, etc.

    U.K. to partner for developing GIFT City

    165 days ago
    The United Kingdom(UK) has entered into a strategic partnership to develop India’s GIFT City. GIFT - Gujarat International Finance Tec-City is India’s first international financial services centre. It is located in Gandhinagar of Gujarat. Highlights: ♦ India and the U.K. also signed off on a new infrastructure finance and policy partnership to support India execute its National Infrastructure Pipeline that envisages investments worth $1.4 trillion. ♦ The UK has agreed to set up a new Fund of Funds to be managed by the State Bank of India (SBI) group to route the U.K.'s future capital investments into India. It provides an opportunity to drive international capital flow from London to India. ♦ India is now the second-largest project investment source for the U.K. Bilateral trade between India, and the U.K. stood at £24 billion in 2019. ♦ The U.K. and India announced a joint investment of £8 million for research to understand and address the factors leading to the severity of the novel coronavirus in South Asian populations in the U.K. and India.  ♦ To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion over these years on infrastructure. To implement an infrastructure program of this scale, the government has envisaged the National Infrastructure Pipeline (NIP). ♦ In April 2020, the Task Force on National Infrastructure Pipeline submitted its Final Report on NIP for the Financial year 2019-25.

    India Post, US Postal Service signs an agreement

    167 days ago
    Department of Posts, Government of India - India Post and United States Postal Service - USPS have signed an agreement for Electronic Exchange of Customs data related to postal shipments exchanged between the two countries. Highlights: ♦The agreement signed will allow to transmit and receive electronic data of international postal items prior to their physical arrival at the destination and would enable customs clearance of postal items in advance in line with the evolving global postal framework. ♦The agreement will also improve the performance of postal services in terms of reliability, visibility and security. ♦The USA is the top export destination for India which is also reflected in the exchange of goods through the postal channel.  ♦In 2019, around 20% of outbound EMS and 30% of Letters & Small Packets transmitted by India Post were destined to the USA whereas 60% of the Parcels received by India Post were originated from the USA.  ♦Exchange of Electronic Advance Data (EAD) as per the Agreement will be a key driver towards promoting mutual trade with emphasis on the exports from different parts of India to the USA. ♦The primary objective that will be served by this agreement is to facilitate ‘ease of exports’ for small and large exporters through postal channels from different parts of the country and will contribute towards making India an Export Hub for the world.

    IIT in Partnership with TCS Sets New Trends in Manufacturing Sector

    171 days ago
    IIT Kharagpur has developed novel Industry 4.0 technology for remotely controlled factory operations and real-time quality correction during industrial production, jointly with TCS to set a new trend in India’s advanced manufacturing sector. Highlights: ♦ The present innovation upgraded the industrial process of friction stir welding to a multi-sensory system of Industry 4.0. This will make possible for industrial houses to achieve standardized quality goals throughout the production process and reduce rejection hence lowering the cost of production. ♦ The innovative technology developed by Prof. Surjya K Pal, Professor in-charge at the Centre of Excellence in Advanced Manufacturing Technology in association with TCS will acquire real-time information about the welding process through multiple sensors and enable online control of weld quality by means of cloud-based communication with the friction stir welding machine. ♦ This technology is connected with a vast experimental knowledge base to conform to a standard system and prediction of the weld joint strength. Any defect identified during the monitoring procedure is corrected in real-time by sending modified parameters to the machine thus ensuring standardized quality of the process. ♦ The concept of this technology can further be evolved for real-time control of other industrial processes and such work will be carried at the Centre with other industrial partners soon. The Industry partner TCS views such an innovation has helped to give a direction as an enabler of technology-based transformations in the country, especially in overcoming challenges called out by the pandemic.

    Microsoft and SpaceX join hands to connect Azure Platform to Satellites

    172 days ago
    Microsoft is joining hands with the SpaceX which is led by Elon Musk( billionaire entrepreneur). This is being done to target space customers. Highlights: ♦ SpaceX-Starlinkwill has partnership and provides high-speed and low latency satellite broadband for Microsoft's Azure Modular Datacenter.  ♦ With this partnership, Microsoft aims to make the Azure a platform and ecosystem of choice. ♦ Microsoft wants the platform to be looked upon for the mission needs of the space community. ♦ Microsoft has brought together a team of space industry veterans to work alongside its product engineers and scientists. ♦ They will be building the cloud capabilities that will suit the needs of space exploration.  ♦ Their innovation areas include space missions, to discover insights from satellite data and to fuel innovation both on the ground as well as in orbit.  ♦ After the space missions coupled with  Azure’s high-performance computing, machine learning and data analytics abilities, the satellites will then open new opportunities for both public and private sector organizations. Significance of SpaceX SpaceX is well known for its reusable rockets and astronaut capsules. SpaceX is doing up the satellite production for Starlink. SpaceX recently won a contract to build missile-tracking satellites for the Pentagon. It is the first government contract for SpaceX to build satellites.

    Recent Cabinet Approvals

    173 days ago
    In recent weeks, Cabinet has approved various proposals, MoUs and agreements. The Union Cabinet chaired by the PM Narendra Modi approved the following:  MoU between India and Nigeria on Cooperation in the Exploration and uses of outer space for peaceful purposes: Prime Minister, Shri Narendra Modi was apprised of a Memorandum of Understanding (MoU) signed between India and Nigeria on Cooperation in the Exploration and used of outer space for peaceful purposes. MoU has been signed between Indian Space Research Organisation (ISRO) of India at Bengaluru in June, 2020 and by National Space Research and Development Agency (NASRDA) of Nigeria at Abuja on August 13, 2020. This MoU shall enable potential interest areas of cooperation such as, Remote sensing of the earth; satellite communication and satellite-based navigation; Space science end planetary Exploration; Use of spacecraft, launch vehicles, space systems and ground systems; Practical applications of space technology including geospatial tools and techniques; and Other areas of cooperation to be' determined by the Signatories. Extension of the Market Intervention Scheme for procurement of apples in Jammu and Kashmir for the year 2020-21: The Union Cabinet, approved the extension of MIS - Market Intervention Scheme for apple procurement in Jammu and Kashmir (J&K) for the current season also, i.e. 2020-21 on the same terms and condition as was done in J&K during last season, i.e. 2019-20. Central Procuring Agency will do the procurement of apple, i.e. National Agricultural Cooperative Marketing Federation Ltd. (NAFED) through State Designated Agency, i.e. Directorate of Planning and Marketing, Department of Horticulture & Jammu & Kashmir Horticulture Processing and Marketing Corporation (JKHPMC), directly from apple farmers of J&K and the payment will be done through Direct Benefit Transfer (DBT) into Bank account of apple farmers. MoU between ICAI and CPAs, Papua New Guinea: Memorandum of Understanding (MoU) signed between the Institute of Chartered Accountants of India (ICAI) and the Certified Practising Accountants, Papua New Guinea, to work together in capacity building and strengthening the Accounting, Financial and Audit Knowledge base in Papua New Guinea. Productivity Linked Bonus (PLB) and non-Productivity Linked Bonus for 2019-2020: Union Cabinet chaired by PM Modi has given the approval to pay Productivity Linked Bonus (PLB) for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, etc. will be benefitted and the financial implication would be Rs.2,791 crore. Non-PLB or ad-hoc Bonus is given to Non-Gazetted Central Government employees. 13.70 lakh employees would be helped, and Rs.946 crore will be the financial implication for the same. Mutual recognition pact between India's ICAI and Malaysia's MICPA: Union Cabinet chaired by PM Modi approved the mutual recognition agreement between the Institute of Chartered Accountants of India (ICAI) and Malaysian Institute of Certified Public Accountants (MICPA). This would enable appropriately qualified chartered accountant members of either institute to join the other by receiving appropriate credit for their existing accountancy qualification.

    Israeli Parliament Approves Historic Peace Deal with UAE

    178 days ago
    The Parliament of Israel, approved the historic normalization deal or the peace deal called as the Abraham Accord with the United Arab Emirates (UAE) on October 15, 2020. Israeli Parliament initially signed the agreement in Washington on September 15, 2020. Highlights: ♦ Eighty were voted in favour of the deal while 13 were opposed it. ♦ Israeli Prime Minister Benjamin Netanyahu called for peace with Lebanon which is Israel's neighbour in the north. ♦ The UAE and Bahrain became the first Gulf countries to agree upon the formulation of official relations with Israel. ♦ The two countries had recently launched US-led negotiations to end the dispute over their maritime border. ♦ Earlier, two Arab countries, namely Egypt and Jordan, had signed peace agreements with Israel.  Israel-UAE peace deal: Under the Abraham Accord, the United Arab Emirates will establish diplomatic relations with Israel. While in return PM Benjamin Netanyahu has committed to giving up a plan to annex the West Bank. West bank is the main disputed territory that Palestine wants. Israel and the United Arab Emirates would also be finalizing the bilateral ties covering the areas of investment, tourism, the establishment of direct flights, energy, security, telecommunications, healthcare, technology, cultural exchange, environmental issues, and the establishment of embassies. 

    IIT- Guwahati signed MoU with the C-DAC to establish 650TF supercomputing facility

    179 days ago
    Indian Institute of Technology (IIT) Guwahati has signed a Memorandum of Understanding (MoU) with the Centre for Development of Advanced Computing (C-DAC). The aim is to establish Rs. 17 crore worth of 650TF Supercomputing Facility under the National Supercomputing Mission (NSM). The MoU was signed by C-DAC Director General Hemant Darbari and IIT-G Director T G Sitharam during a virtual event in the presence of Union ministers.of State for Education, Communications and Electronics & Information Technology.   Highlights: ♦ The MoU has been signed for a period of 5 years. ♦ IIT stated that using the Supercomputing facility, the Institute will focus on quantum turbulence, instabilities and turbulence in thermal convection and MHD, supercooled liquid and glasses; reactivity of high-valent metal intermediates; computational study of polymer-composites, membranes, poly electrolytes, granular flows; NLP, clinical text mining, Machine Learning and its application in computational biology, Deep Learning; and Computational Social Systems areas of research ♦ The new supercomputer with 650 TFLOPS will be more powerful and a technologically superior facility. It will play an important role in the field of scientific and engineering applications. ♦ The Communication Centre and IIT-G’s Computer is already equipped with ‘Param Ishan’, a ‘250 TF’ supercomputer. ♦ Under the MoU the institute will organise training courses to popularise the use and applications of supercomputers in the northeastern region. ♦ This facility with the new inter-disciplinary master programme on data sciences was jointly initiated by the Departments of Electronics and Electrical Engineering (EEE), Computer Science and Engineering and Mathematics· ♦ The supercomputing facility will be a part of the National Supercomputing Mission (NSM).   What is super computer? A supercomputer has a very high speed in its operation. This computer has higher memory. The computing system can perform assigned tasks including multiple tasks at very high speeds than any other normal personal computer (PC) and in many cases are able to operate at speeds that are millions of times faster than ordinary PCs.  

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