Union Cabinet approves MoU with South Africa to establish cooperation in Grassroots Innovation

Posted on:25 Aug 2016 18:33:05

Union Cabinet approves MoU with South Africa to establish cooperation in Grassroots Innovation
25 August 2016 Current Affairs: The Union Cabinet has been apprised of the signing of a Memorandum of Understanding (MoU) between India and South Africa to establish cooperation in Grassroots Innovation. 

The MoU was signed in pursuance to the Inter-Government Agreement between two countries for cooperation in Science & Technology in July, 2016 at Pretoria, South Africa.

Both countries will jointly organise various programmes such as forums, workshops, seminars and training on matters related to innovation. 

They will also share open source technologies with each other and jointly develop projects to assist innovators in converting their ideas into commercially viable innovations. 

The MoU also provides a mechanism and help in creating an ecosystem that will promote inclusive innovation and entrepreneurship at the grassroot level in both countries. 

It gives particular focus on Indigenous knowledge systems and Agriculture Biotechnology.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs May 2017

26 MAY
NEWS
25 MAY
NEWS
24 MAY
NEWS
23 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS

Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS