India, Sweden inked pact to collaborate on solutions for smart cities, clean tech

The programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova. Vinnova will provide funding to Swedish participants up to 2,500,000 Swedish Krona (around Rs 1.87 crore) as grant.
Sudha

Updated: Apr 12,2019 01:37:51 pm

India, Sweden inked pact to collaborate on solutions for smart cities, clean tech

12 April 2019 Current Affairs:

The India-Sweden Collaborative Industrial Research and Development Programme will work towards addressing a range of challenges around smart cities and clean technologies among others.
The programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
Vinnova will provide funding to Swedish participants up to 2,500,000 Swedish Krona (around Rs 1.87 crore) as grant.
On the Indian side, conditional grant of up to 50 per cent (with a limit of Rs 1.5 crore) per project will be provided to the Indian partners.
This Programme is technically and administratively managed by the Global Innovation & Technology Alliance (GITA) on behalf of DST in India and Vinnova in Sweden.
Government, Academia, and Industry or the ‘triple helix’ - is key to the Sweden-India partnership.
About Department of Science & Technology (DST), Government of India:
It was established in May 1971, with the objective of promoting new areas of science & technology (S&T) and to play the role of a nodal department for organising, coordinating and promoting S&T activities in the country.
About Sweden:
♦ Capital : Stockholm
♦ Currency: Swedish krona
♦ Prime Minister: Stefan Löfven

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