Important MoUs & Agreements - Last 6 Months Current Affairs

(April to Sep 2021)

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

Last 6 Months Important MoUs & Agreements

S. No Topics Page No

1. April 2021 – Important MoUs & Agreements 2

2. May 2021 – Important MoUs & Agreements 13

3. June 2021 – Important MoUs & Agreements 21

4. July 2021 – Important MoUs & Agreements 36

5. Aug 2021 – Important MoUs & Agreements 52

6. Sep 2021 – Important MoUs & Agreements 61

April 2021 – Important MoUs & Agreements

NCML inks pact with Agriculture Skill Council

 NCML signs MoU with Agriculture Skill Council of India for skill development in agriculture sector.
 “This will give impetus to agriculture growth through skill enhancement of workforce and make
Agriculture a sought after occupation amongst the youth”, says Satender Singh Arya CEO, ASCI.

Maruti Suzuki partners Karnataka Bank

 The country's largest carmaker Maruti Suzuki India said it has partnered with Karnataka Bank to offer

vehicle financing options for potential car buyers.

 The company said it has signed a Memorandum of Understanding (MoU) with the Mangaluru-
headquartered private sector lender.
 Customers can avail the benefits across 858 branches of Karnataka Bank at metro, urban, semi-urban
and rural locations.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 Under the collaboration, customers can avail loans up to 85 per cent of the on-road price of all new cars
from Maruti Suzuki ARENA and NEXA showrooms.

 Customers can opt for tenure of up to 84 months for their loans, Maruti Suzuki India (MSI) said in a
statement.
Spices Board India under Ministry of Commerce and Industry signed MoU with UNDP India’s Accelerator Lab

 Spices Board India under the Ministry of Commerce and Industry and UNDP India’s Accelerator Lab signed
a MoU with the aim to build a blockchain based traceability interface for Indian spices to enhance
transparency in supply chain and trade.
 Blockchain is a decentralized process of recording transactions on an open and shared electronic ledger.
 This allows for ease and transparency in data management across a complex network, including, farmers,

brokers, distributors, processors, retailers, regulators, and consumers, thus simplifying the supply chain.
 It will allow farmers just as all other members of the supply chain to access the information which further
makes the entire supply chain more efficient and equitable.
 UNDP and Spices Board India are working towards integrating the Blockchain Traceability Interface with the

e-Spice Bazaar portal developed by Spices Board India for connecting spices farmers with markets.
 Design of the Blockchain interface is expected to be completed by next month.

Byju’s to acquire Aakash Educational Services for $1 billion

 On April 05,2021, The country’s most valued online education firm, Byju's, acquired Blackstone Group-
backed Aakash Educational Services (AESL) for an estimated $1 billion cash and stock deal.

 Byju’s aims to grow aggressively and bolster its presence across new edtech categories in India.
 Byju’s had acquired Aakash Educational Services Ltd (AESL) for about $1 billion, to enter the competitive
test preparation market, where it competed with Unacademy and Amazon India.

 Unacademy had acquired six test prep platforms, while Amazon India forayed into the segment with Amazon
Academy.
About Byju’s :

 Founder & CEO : Byju Raveendran

 Headquarters : Bangalore

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 Establishment : 2011.
About AESL :

 Founder: J. C. Chaudhry
 Founded: 1988
 Headquarters : New Delhi

CCI approves proposed combination relating to acquisition of PAMPL, PTCPL & PRAPL by SAMC

 On April 06, 2021, The Competition Commission of India (CCI) approved the proposed combination relating
to acquisition of Principal Asset Management Private Limited, Principal Trustee Company Private Limited
and Principal Retirement Advisors Private Limited by Sundaram Asset Management Company Limited.
 It relates to the acquisition of 100% of the issued and paid- up equity share capital.

About the proposed combination :

 The schemes of the Principal Mutual Fund (PMF) shall be transferred to Sundaram Mutual Fund (SMF) and
the trusteeship and management of the PMF schemes shall be transferred to Sundaram Trustee Company
Limited (STCL) and SAMC.

 PAMPL is engaged in the business of providing asset management services to the PMF and operating/
managing the PMF schemes.

 PTCPL is engaged in the business of providing trusteeship services to the PMF.

About SAMC :
 SAMC is a public limited company incorporated in India.
 It is a wholly owned subsidiary of Sundaram Finance Limited (SFL).
 SAMC is the investment manager for SMF and manages funds that cater to the investment needs of
investors with different risk, reward and liquidity preferences.

 Establishment : 1996

 Managing Director : Sunil Subramanium

 Headquarters : Chennai, Tamil Nadu

About Competition Commission of India :

 Founded: 14 October 2003
 Headquarters: New Delhi

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 First executive: Dhanendra Kumar

 Objectives: Enforce The Competition Act, 2002 throughout India

HDFC to acquires 10% stake in Kerala-based asset management firm

 On April 06, 2021, Housing Development Finance Corporation Ltd (HDFC) acquired 9.9 per cent stake in
Kerala Infrastructure Fund Management Ltd.

 The Corporation has invested in 3,88,303 equity shares of Rs 10 each of Kerala Infrastructure Fund
Management Limited representing 9.9 per cent of its share capital issued on a private placement basis.
About KIFML :
 It acts as an asset management company.
 Set up : November 2018

 It was promoted by the Kerala Infrastructure Investment Fund Board (KIIFB).

 To manage Kerala Infrastructure Fund.
About HDFC :
 CEO: Sashidhar Jagdishan

 Headquarters: Mumbai
 Founded: August 1994, India

 Chairman : Deepak Parekh

 CEO & Vice Chairman : Keki Mistry

Axis Bank becomes co-promoter of Max Life Insurance

On April 06, 2021, Axis Bank Ltd informed it has become co-promoters of Max Life Insurance Company
Limited, after completion of the acquisition of 12.99% stake collectively by the Axis Entities in the company.
 Axis Bank and its two subsidiaries Axis Capital Limited and Axis Securities Limited will collectively own

12.99% stake in Max Life after the consummation of the deal.

 The Axis Entities have a right to acquire an additional stake of up to 7% in Max Life, in one or more tranches,
subject to regulatory approvals.

 Insurance Regulatory and Development Authority of India (IRDAI) gave its formal approval in February of
2021.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

About Max Life Insurance :

 CEO: Prashant Tripathy

 Founder: Analjit Singh

 Founded: 2001
 Headquarters : New Delhi

About Axis Bank :

 CEO: Amitabh Chaudhry

 Headquarters: Mumbai
 Founded: 1993, Ahmedabad

Atal Innovation Mission partners with CIPS to promote Innovation In Public System

 The Atal Innovation Mission (AIM), NITI Aayog, and Centre for Innovations in Public Systems (CIPS) have
collaborated to reinforce the innovation and entrepreneurship ecosystem in India by developing a database
of innovations in public systems for improving public services.
 A statement of intent (SoI) was signed between AIM and CIPS with the objective of jointly working to promote

innovation and entrepreneurship especially in the area of public systems by leveraging the knowledge and
experience of AIM as well as the reach of CIPS.

Spice Board of India & UNDP India signed MoU to develop Block-chain Powered Traceability Interface

 Spices Board India under Ministry of Commerce and Industry andUNDP India’s Accelerator Lab today signed
a Memorandum of Understanding (MoU), with the aim to build a blockchain based traceability interface for

Indian spices to enhance transparency in supply chain and trade.

 UNDP and Spices Board India are working towards integrating the Blockchain Traceability Interface with the
e-Spice Bazaar portal developed by Spices Board India for connecting spices farmers with markets.Design of

the Blockchain interface is expected to be completed by May’21. The project will be piloted with over 3,000
farmers engaged in chilli and turmeric farming in select Districts of Andhra Pradesh.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

Vedanta signed MoU with research institutes for value-creation from bauxite residue

● Vedanta, India's largest producer of aluminium and its value-added products, has signed a memorandum of

understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated

during processing of bauxite into alumina using the Bayer process.

● Bauxite is the primary ore for aluminium, that undergoes an intermediate refining stage to produce alumina,

which then undergoes electrolysis for producing aluminium.

● Abundantly available on the Earth's crust, mining of bauxite is one of the most inherently sustainable mining
processes.
● Approximately three tonnes of bauxite produce one tonne of alumina, and around two tonnes of alumina are
required to produce one tonne of aluminium.

OneWeb signs MoU with Kazakhstan Government

● The company OneWeb has signed an MoU with the Kazakhstan government and local partners.
● Bharti group-backed low earth orbit (LEO) satellite communications company OneWeb said it has partnered

with the Kazakhstan government to accelerate connectivity in the country.

● OneWeb, a Low Earth Orbit (LEO) satellite communications operator, co-owned by Bharti Global and the UK
government, has inked a memorandum of understanding (MoU) with the Kazakhstan government and local
partners to drive the Central Asian nation’s ambitions to digitize its economy boost connectivity and become

a pioneer in satellite communications.

Atal Innovation Mission and NITI Aayog jointly signed an agreement with Dassault Systemes Foundation

 Atal Innovation Mission and NITI Aayog signed an agreement with Dassault Systemes Foundation to jointly
work towards providing a digitally rich ecosystem of Innovation among aspiring young minds across the

country.

 The Atal Tinkering Labs has played a pivotal role in fostering creativity and imagination amongst school
children.

 Dassault Systemes Fondation is dedicated to transform the future of education and research in India with 3D
technologies.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 The fondation will contribute to the Atal Tinkering Labs program in three broad areas - project based, self-
paced learning content, hackathons and challenges and inter-country academia collaborations.

 Under this agreement, Dassault Systemes Fondation will design and organize innovative challenges,
hackathons for Atal Tinkering Labs, promoting problem solving skills and innovation culture amongst
students and teachers.

To raise farmers income, Agriculture Ministry signs MoU with Microsoft for a pilot project in 100 villages of six states

 Union Agriculture Ministry has signed an MoU with Microsoft for a pilot project in 100 villages of six states.
 This project will carry out various tasks for the betterment of farmers in the selected villages, which will
enhance their income.
 This will also reduce the input costs for farmers and make farming easy.

 These states are Uttar Pradesh, Madhya Pradesh, Gujarat, Haryana, Rajasthan and Andhra Pradesh.
 Microsoft will develop farmer interface for smart and well-organized agriculture, including post-harvest
management and distribution.
 Agriculture Minister Narendra Singh Tomar said, Prime Minister Narendra Modi's idea of digital agriculture is

now taking shape.

 He said, since taking over as the Prime Minister in 2014, Mr Modi has laid great emphasis on the use of

modern technologies in farming sector to enhance farmers income.

 He said, the agricultural economy is the backbone of the country and any loss to agriculture is a loss for the
country.
 Mr Tomar said, the agriculture sector has contributed positively to the country's economy even in adverse
conditions like Corona epidemic.
Oberoi Group and EESL signed an MoU

 Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, announced
it has signed a MoU with The Oberoi Group to augment its sustainability initiatives.
 EESL said that it will assist The Oberoi Group in implementing several energy-efficient initiatives, including

clean energy systems across its properties through its Building Energy Efficiency Program (BEEP).

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 These initiatives will help reduce the group’s overall carbon footprint and strengthen its energy conservation
efforts, the company said.

Facebook partners CleanMax to make 100% renewable energy in India

 Facebook is partnering with Mumbai-based clean energy company, CleanMax, to set up 32 megawatts (MW)
wind power project in Karnataka.

 While CleanMax will own and operate the project, Facebook will buy power off the grid via environmental
attribute certificates.
Flipkart acquired Cleartrip

 Indian e-commerce company, Flipkart announced that it will be acquiring Cleartrip, an online travel
technology company.

 The e-commerce made the announcement that it will acquire 100% of Cleartrip’s shareholding, as the

company further enhances its investments to strengthen its digital commerce offerings for customers.
 Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart.

 However, Cleartrip will continue to operate as a separate brand, retaining all employees while working
closely with Flipkart to further develop technology solutions which will be focused on making travel easier for
customers.
 The deal closing is still subject to applicable regulatory approvals, according to Flipkart.

India and France Inks Agreement for cooperation on Gaganyaan Mission

 Indian space agency, ISRO has signed an agreement with the space agency of France CNES for

cooperation in its first human space mission, Gaganyaan.

 Under the agreement, CNES will provide equipment developed by it, tested and still operating aboard the

International Space Station (ISS) to Indian crews.

 It will also supply fireproof carry bags made in France to shield equipment from shocks and radiation.
 CNES will train Indian flight physicians and CAPCOM mission control teams at French facilities.

Indian Oil make partnership with Consumerfed for 5 kg LPG cylinders sales

 The Indian Oil Corporation Limited (IOCL) launched the sale of a free trade licence (FTL) 5-kg LPG cylinders
at the M/s Pilot Service Station (IOCL petrol bunk) on the Bandar Road.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 IOCL (Vijayawada Division) LPG Senior Manager V.V.S. Chakravarthy launched the sale.
 Petrol bunk managing partner M.V.V. Satyanarayana said the cost of the cylinder including gas has been

fixed at Rs.1441.50.
 The cylinders would be sold at the station round the clock.
 The cylinders can be purchased without submitting any proof of identity, Mr. Satyanarayana said.

 Petrol bunk managing partner K. Venkatappaiah, IOCL sales officer (LPG) G.V.V. Mukteswara Rao, sales

officer S. Prabhu Sunder, Indane Gas distributor Lokesh, Vijayawada Press Club president N. Chalapathi
Rao and others were present on the occasion.
Quess Corporation to acquire 30% stake in Conneqt from Tata Sons for Rs.208 crore

 On April 16, 2021, Quess Corp, a business services platform, will acquire the remaining 30% equity stake in

Conneqt Business Solutions from Tata Sons for Rs.208 crore.

 Conneqt will become a wholly-owned subsidiary of Quess.
 Quess had acquired 51% of Conneqt in November 2017 and further increased its stake in Conneqt from 51%
to 70% in May 2019 via infusion of primary capital.

 Conneqt is a customer lifecycle management (CLM) and BPM services firm that runs 21 delivery centers and
employs over 29,000 people.

About Quess Corp :

 CEO and Managing Director: Suraj Moraje

 Headquarters: Bengaluru
 Founded: September 2007
About Conneqt Business Solutions :
 Headquarters : Hyderabad, Telangana

 CEO : Arjun Ramaraju

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

India and Germany sign agreement for Technical Cooperation on Cities combating plastic entering the marine

environment

 The Government of India and Germany have signed an agreement for Technical Cooperation in enhancing
practices to prevent plastic entering the marine environment on April 19, 2021, at a virtual ceremony in New

Delhi.

 The project titled ‘Cities Combating Plastic Entering the Marine Environment’ will be implemented for a
period of three and a half years.

 The outcome of the project is completely in line with the objectives of Swachh Bharat Mission-Urban focusing
on sustainable solid waste management and Prime Minister Modi’s vision to phase out single use plastic by
2022.

 The agreement was signed between the Ministry of Housing and Urban Affairs (MoHUA), Government of

India and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India on behalf of the
German Federal Ministry of Environment, Nature Conservation and Nuclear Safety.

 It will be undertaken at the national level (at MoHUA), select states (Uttar Pradesh, Kerala and Andaman &
Nicobar Islands) and in the cities of Kanpur, Kochi and Port Blair.
Cabinet approved MoU between ICAI and CA ANZ

 The Cabinet approved a fresh Memorandum of Understanding (MoU) between the Institute of Chartered

Accountants of India (ICAI) and Chartered Accountants Australia and New Zealand, (CA ANZ).
 It intends to develop mutually beneficial relationships in the best interest of members, students and their

organizations and is expected to provide an opportunity to the ICAI members to expand their professional
horizons and to foster working relations between the two accounting institutes.

 The two accountancy institutes will have an opportunity to play the leadership role in addressing new

challenges facing the profession in a globalized environment.

 The engagement between the two Institutes is expected to result in greater employment opportunities for

Indian Chartered Accountants and also greater remittances back to India.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 The MoU provides for mutual recognition of qualification of members of other bodies, who have achieved
membership by completing the Examination, professional program and practical experience membership

requirements of the two parties.

Cabinet approved MoU between CCI and CADE

 Cabinet approved the MoU between Competition Commission of India (CCI) and Administrative Council for

Economic Defense of Brazil, (CADE).

 Section 18 of the Competition Act, 2002 permits CCI to enter into any Memorandum or arrangement with any
agency of any foreign country for the purpose of discharging its duties or performing its functions under the
Act.
 CCI has entered into the MoUs with the Federal Trade Commission and Department of Justice of USA,

Director General Competition of European Union, Federal Antimonopoly Service of Russia, Australian
Competition and Consumer Commission, Competition Bureau of Canada and BRICS Competition
Authorities.
Cabinet nods ex post facto approval to MoU between DG of Trade Remedies, India and the Bangladesh Trade and

Tariff Commission

 The Cabinet gave ex post facto approval to the Memorandum of Understanding MoU between the Director
General of Trade Remedies, India and the Bangladesh Trade and Tariff Commission on the establishment of

a framework of cooperation in the area of trade remedial measures signed on 27th of last month at Dhaka.
 The primary objective of the MoU is to promote cooperation between the two countries in the area of Trade

Remedies, covering the broad activities related to exchange of information, undertaking capacity building
activities and activities in accordance with various provisions of World Trade Organization in the area of anti-

dumping, countervailing and safeguard measures in bilateral trade.

 The MoU seeks to foster better cooperation between the relevant authorities of both the countries so as to
discourage unfair trade practices and promote rule based bilateral trading.

Indian Bank and Chennai Angels sign ink pact for start-up financing

 Public sector lender Indian Bank has entered into a pact with Chennai-based angel investment group ‘The
Chennai Angels For financing start-ups under the bank’s loan product Ind SpringBoard.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 The MoU was signed.

 Under this project, Indian Bank will support start-ups by extending credit facilities up to Rs.50 crore for

working capital needs and also fund term-loan requirements for acquiring fixed assets for their units, said the
bank in a statement.
Switch Mobility signed an inks pact with TVS Supply Chain for sustainable logistics network

 Switch Mobility Ltd, an electric vehicle arm of Ashok Leyland Ltd, and TVS Supply Chain Solutions
(TVS SCS) has entered into an agreement for establishing a sustainable logistics network.
 Under the arrangement, TVS Supply Chain Solutions will operate 1,000 e-light commercial vehicles through
their partners for its logistics operations provided by Switch Mobility.
 TVS Supply Chain Solutions has over two decades of experience in providing supply chain solutions across

the globe through their fully integrated service offerings.

Assam Govt signs two MOUs with Bhutan & Nagaland

 The Assam Government has signed two MOUs in Guwahati with Bhutan and Nagaland for procurement of

oxygen.
 A new oxygen plant is being set up in Bhutan.
 The Assam government has also come to know of an oxygen plant in Dimapur in Nagaland and both the
states have signed a Memorandum of Understanding.

May 2021 – Important MoUs & Agreements

JSW Renew Energy sign pact with SECI for selling 540 MW green energy

 JSW Renew Energy, a wholly-owned subsidiary of JSW Future Energy, has signed agreement with

Solar Energy Corporation of India (SECI) to sell 540 MW of the overall awarded capacity of

810 MW.

 JSW Future Energy had won the wind power project by bidding Rs.3 per kwh, sources said.

 JSW Energy marked its entry into the wind power generation sector by winning 810 MW projects in

the auction conducted by SECI in August 2020.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 Sources aware of the developments said talks are currently underway between the company and

SECI to sign a PPA for the remaining capacity won in the auction.

 The company was awarded the wind project against its quote of Rs 3 per unit.

Extra Shots:

 HQ of JSW Renew Energy: Mumbai

 Joint MD and CEO of JSW Renew Energy: Prashant Jain

 HQ of SECI: New Delhi

 Chairman and MD: Jatindra Nath Swain

India, UK elevate bilateral ties to adopt comprehensive Strategic Partnership for Roadmap 2030

 Prime Minister Narendra Modi and his British counterpart Boris Johnson have adopted an ambitious

‘Roadmap 2030’ to elevate bilateral ties to a ‘Comprehensive Strategic Partnership’.

 The Roadmap will pave the way for a deeper and stronger engagement over the next ten years in

the areas of people to people contacts, trade and economy, defence and security, climate action

and health.

 In a Virtual Summit held, the two leaders discussed the Covid19 situation and ongoing cooperation

in the fight against the pandemic, including the successful partnership on vaccines.

 Prime Minister Modi thanked Prime Minister Johnson for the prompt medical assistance provided by

the UK in the wake of the severe second wave of Covid19 in India.

 Prime Minister Johnson appreciated India’s role in extending assistance to the UK and other

countries over the last year, including by way of supply of pharmaceuticals and vaccines.
NDDB sign MoU with EESL to offer energy efficient solutions to dairy industry

 The National Dairy Development Board said it has signed an agreement with Energy Efficiency

Services Ltd (EESL) to promote efficient renewable technologies in the dairy industry.

 The memorandum of understanding (MoU) was signed on May 5 at Ananda, Gujarat by NDDB

Executive Director Meenesh Shah and EESL Director (Projects) Venkatesh Dwivedi in the presence
of senior officials, it said in a statement.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 As per the agreement, EESL will conceptualize, propose and design technically sound alternate

energy generation solutions for plants in the dairy cooperative sector across the country.

 It will also arrange necessary technical and funding support for the design, development and

operation of the non-conventional energy generation models.

 Whereas National Dairy Development Board (NDDB) will extend its expertise in dairy business/dairy

plant management/other related activities to facilitate /support conceptualising, development and

implementation of the alternate energy generation models.

Extra Shots:

 HQ of NDDB: Anand

 Chairperson of NDDB: Varsha Joshi

 HQ of EESL: New Delhi

 Chairman of EESL: R. K. Singh Rajeev Sharma

Oil and Gas PSUs and Shri Badrinath Utthan Charitable Trust signed MoU

 Memoranda of Understanding (MoUs) were signed between the Oil and Gas PSUs, Indian Oil,

BPCL, HPCL, ONGC and GAIL and Shri Badrinath Utthan Charitable Trust for Construction and

Redevelopment of Shri Badrinath Dham as a Spiritual Smart hill Town.

 The MoUs were signed in the presence of Chief Minister of Uttarakhand Tirath Singh Rawat,

Petroleum Minister Dharmendra Pradhan, Tourism Minister of Uttarakhand Satpal Maharaj,

Petroleum Secretary Tarun Kapoor, Chief Secretary of Uttarakhand Om Prakash, and senior

officers of the Petroleum Ministry, Uttarakhand Government and Oil and Gas PSUs.

Extra Shots:

 HQ of IOC, ONGC and GAIL India: New Delhi

 HQ of HPCL, BPCL: Mumbai

 Capital of Uttarakhand: Dehradun (Winter) and Gairsain (Summer)

 Chief Minister of Uttarakhand : Tirath Singh Rawat

 Governor of Uttarakhand: Baby Rani Maurya

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 National parks in Uttarakhand: Gangotri National Park, Govind Pashu Vihar National Park, Jim

Corbett National Park, The Nanda Devi National Park, Rajaji National Park

Cabinet nods MoU between India and UK on Migration & Mobility Partnership

 The Union Cabinet has approved the signing of an MoU on Migration and Mobility Partnership

between India and the UK.

 It is aimed at liberalizing issuance of visas promoting mobility of students, researchers and skilled
professionals and strengthening cooperation on issues related to irregular migration and human

trafficking between the two sides.

 The MoU will benefit Indian students, academics, and researchers, migrants for professional and

economic reasons and those willing to contribute through various projects to the economic

development of both countries.

 It can support the innovation ecosystem in both countries by facilitating free flow of talent.

Extra Shots:

 Capital of UK: London

 Currency of UK: Pound Sterling

 Prime Minister of UK: Boris Johnson

Cipla signed ink pact with US-based Eli Lilly

 Drug major Cipla has inked a pact with US-based Eli Lilly And Company to manufacture and

produce baricitinib in the country for the treatment of COVID-19.

 The Mumbai-based company said it has signed a royalty-free, non-exclusive voluntary licensing

agreement with Eli Lilly for baricitinib.

 Baricitinib has already received a restricted emergency use approval by the Central Drugs Standard

Control Organisation (CDSCO), Ministry of Health, India, for use in combination with remdesivir for

the treatment of suspected or laboratory confirmed COVID-19 in hospitalised adults requiring

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation

(ECMO).

 This collaboration is a step further in the company's efforts to enhance access to critical treatments

for patients affected by the pandemic.

Extra Shots:

 Cipla HQ: Mumbai

 CEO of Cipla: Umang Vohra

 HQ of CDSCO: New Delhi

Geojit sign an ink pact with PNB

 Geojit Financial Services has entered into an agreement with Punjab National Bank to provide a

three-in-one account to the latter's customers.

 The new service gives customers who have a savings account with PNB, a PNB demat

account and Geojit trading account.

 Saving and Demat accounts can be opened online in PNB with a hassle free approach.

 The 3-in-1 account makes it easier for PNB customers to transfer funds real time via the payment

gateway facility from their savings accounts to meet their investment needs.
Cabinet approves signing of MoU between ICAI and QFCA

 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved signing of

Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI)

and Qatar Financial Centre Authority (QFCA).

 This MoU will benefit the Ministry of Corporate Affairs, Institute of Chartered Accountants of India

and Qatar Financial Centre Authority.

 The MoU would enhance cooperation between the Institutes to work together to strengthen the

Accounting profession and entrepreneurship base in Qatar.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 ICAI has an active Chapter in Doha, Qatar which was established in the year 1981 and is the oldest

among the 36 overseas Chapters of the ICAI.

 The membership of the Chapter has grown steadily since its founding days and presently has over

300 members who hold key positions in various private and public companies and are actively

involved in support and development of the accounting profession in Qatar.

OneWeb announced an agreement with SoftBank to roll out satellite communication services

 SoftBank and OneWeb will jointly engage in technical and product development for Japan and
global markets.

 SoftBank Corp and Sunil Mittal-backed OneWeb, announced an agreement for mutual cooperation

to promote OneWeb's satellite communication services in the global and Japan markets.
Tribal Affairs Ministry sign MOU with Microsoft

 Tribal Affairs Ministry and Microsoft have signed a MoU for digital transformation of Tribal

Schools such as Eklavya Model Residential Schools and Ashram Schools.

 Under the program, 250 Eklavya Model Residential school, EMRS have been adopted

by Microsoft out of which 50 EMRS schools will be given intensive training.

 This MOU will support the digital transformation of schools such as Eklavya Model Residential

Schools (EMRS) and Ashram Schools, among others under the Ministry at an online event

‘Empowering Youth For Success’.

 Under affirmative action initiative, Microsoft will make AI curriculum available to tribal students in

both English and Hindi at all EMRS schools under the Ministry to skill educators and students in

next-generation technologies including Artificial Intelligence.

Eli Lilly sign ink pact with Natco Pharma

 Drug firm Eli Lilly said it has signed a voluntary licensing agreement with Natco Pharma to further

expedite the availability of baricitinib for COVID-19 patients in India.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 The company has issued an additional royalty-free, non-exclusive voluntary license to Natco

Pharma and the Hyderabad-based company will be collaborating with Eli Lilly to further accelerate

and expand the availability of baricitinib in India during this pandemic.

 Eli Lilly and Company has received permission for restricted emergency use by the Central Drugs

Standard Control Organization (CDSCO), for baricitinib to be used in combination with remdesivir

for the treatment of suspected or laboratory confirmed COVID-19 in hospitalized adults requiring

supplemental oxygen, invasive mechanical ventilation, or extracorporeal membrane oxygenation.

BDR Pharmaceuticals signed ink pact with Eli Lilly

 Drug firm BDR Pharma stated it has inked a licensing pact with Eli Lilly And Company for the

manufacturing and distribution of Baricitinib for the treatment of COVID-19 in India.

 The company mentioned it has entered into a royalty-free, limited and non-exclusive voluntary

licensing agreement with Eli Lilly and Company.

 Eli Lilly has received the permission for the drug for restricted emergency use from Central Drugs

Standard Control Organization, a division of the Ministry of Health.

India and Oman renew MoU on military cooperation

 The ministry stated that, "India and Oman renewed the Memoranda of Understanding (MoUs) on

military cooperation along with its annexure as well as on maritime issues on May 20".

 The document was signed by Secretary-General of Oman''s defence ministry Dr Mohammed bin

Nasser Al Zaabi and Indian Ambassador Munu Mahawar.

 The MoU on cooperation on maritime issues was signed at the maritime security centre by

Commander of Royal Navy of Oman Rear Admiral Saif bin Nasser Al Rahbi and Mahawar.

About Oman:

 Capital: Muscat

 Currency: Omani Rial

 Sultan of the Oman: Haitham bin Tariq Al Said

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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Dun & Bradstreet India, BSE sign MOU

 Dun & Bradstreet Information Services India, a global provider of B2B data, insights, and AI-driven

platforms, signed a Memorandum of Understanding (MoU) with BSE to create an ecosystem for

promoting, aiding, and fostering the growth of Small and Medium Enterprises (SMEs) in the country.

 The partnership will help SMEs in India to increase their visibility, expand access to global markets,

find potential customers, uncover new suppliers and channel partners, manage risk and identify

growth opportunities.
NHA signs MoU with Telangana Govt

 The National Health Authority, NHA has signed an MoU with Telangana Government for

implementation of Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) in the state

with immediate effect.

 The Ayushman Bharat scheme has been integrated with the existing state scheme ‘Aarogyasri’ and

this converged scheme is being called Ayushman Bharat PM-JAY Aarogyasri.

 NHA will provide several auxiliary support to State Health Agency including related to fraud and

abuse control.

About Ayushman Bharat Pradhan Mantri Jan Arogya Yojana:

 Ayushman Bharat Pradhan Mantri Jan Arogya Yojana of the Government of India aims to provide

free access to healthcare for 50 crore people in the country.

 People using the program access their own primary care services from a family doctor.

 Launched: 23 September 2018

 Ministry: Ministry of Health and Family Welfare

Cabinet gives nod for MoUs entered into by ICoAl & ICSI with foreign countries

 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has granted ex-post

facto approval to the Memorandum of Understandings (MoUs) entered into by Institute of Cost

Accountants of India (ICoAl) and Institute of Company Secretaries of India (ICSI) with
various Foreign Countries/Organizations.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 The Institute of Cost Accountants of India (ICoAl) and the Institute of Company Secretaries of India

(ICSI) have signed MoUs with foreign organizations namely Institute of Public Accountants (IPA),

Australia, Chartered Institute for Securities and Investment, UK (CISI), Chartered Institute of Public

Finance and Accountancy (CIPFA), UK, Institute of Certified Management Accountants, Sri Lanka

and Institute of Chartered Secretaries and Administrators (ICSA), UK.

 The signed MoUs would help in advancement of the goals on equity, public accountability and

innovation among the beneficiaries’ countries.

WHO and Switzerland signed an agreement to launch first WHO BioHub Facility

 The World Health Organization (WHO) and Switzerland May 25, 2021 signed a Memorandum of

Understanding (MoU) to launch a BioHub facility for pathogen storage, sharing and analysis.

 The move is significant in the view of the novel coronavirus disease (COVID-19) pandemic and the

need to underline the importance of sharing pathogen information to assess risks and launch

countermeasures.

 The BioHub will enable member states to share biological materials with and via the BioHub under

pre-agreed conditions, including biosafety, biosecurity, and other applicable regulations.

 This will ensure timeliness and predictability in response activities.

June 2021 – Important MoUs & Agreements

PJTSAU signs MoU with Wadhwani Institute

 To empower farmers with advance information about the possible pink bollworm infestation in cotton

fields so that they could take preventive and control measures, Professor Jayashankar Telangana

State Agricultural University (PJTSAU) has signed a memorandum of understanding with Wadhwani

Institute for Artificial Learning, Mumbai, for providing AI-based interventions.

 The Agriculture Department, Krishi Vignan Kedras of the Agriculture University, Information
Technology department and Wadhwani Institute would participate in the project.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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BSE signs ink pact with ESC

 Leading stock exchange BSE stated it has joined hands with Electronics and Computer Software

Export Promotion Council (ESC) to create awareness about the benefits of listing among small

businesses and startups.

 BSE has signed a memorandum of understanding (MoU) with ESC, the exchange said in a

statement.

 Electronics and Computer Software Export Promotion Council (ESC) is an organization sponsored

by the Government of India with a mandate to promote the export of Information and

Communications Technology (ICT) sector from the country and works as a bridge between the

government and the industry on policy and promotional matters.

 Ajay Thakur, Head of BSE SME and startup, mentioned that, “This MoU will help toreaching out to

ESC's pan India network of Electronics and IT exporters and create greater awareness amongst the

SMEs and startups about benefits of listing on the BSE SME & Startup platform'.

Fintech start-up Boxop ties up with Mahindra Insurance

 Boxop, a Kerala-based start-up has tied up with Mahindra Insurance Brokers Ltd (MIBL) to provide

low-cost insurance protection for the Covid-19 treatment.

 Boxop is providing this comprehensive service across the State through Akshaya Kendras and

support from MIBL.

 BOXOP has introduced a Group Covid plan in which individuals will get a lump sum benefit plan of

Rs.25000, who have tested positive for Covid in which 24hr of hospitalization is mandatory.

Cabinet approves MoC between India, Japan

 The Union Cabinet approved a memorandum of cooperation with Japan in the field of sustainable

urban development which is expected to create employment opportunities.

 The memorandum of cooperation (MoC) will be signed between the Ministry of Housing and Urban
Affairs and the Ministry of Land, Infrastructure, Transport and Tourism, Japan in supersession of an

existing MoU of 2007 on urban development.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 The agreement will promote strong, deep and long-term bilateral cooperation in the field of

sustainable urban development between the two countries.

Extra shots

About Japan:

 Prime minister: Yoshihide Suga

 Capital: Tokyo

 Currency: Japanese yen

Cabinet approves MoU between India & Maldives

 The Union Cabinet was apprised of the Memorandum of Understanding (MoU) signed between the

Ministry of Housing and Urban Affairs, Government of India and Ministry of National Planning,

Housing and Infrastructure, Government of Maldives on cooperation in the field of Sustainable

Urban Development.

 The MoU was signed in February 2021.

 A Joint Working Group (JWG) will be constituted to strategize and implement programmes on

cooperation under the framework of the MoU.

 The Joint Working Group will meet once in a year, alternately in Maldives and in India.

Extra shots

About Maldives:

 Capital: Malé

 Currency: Maldivian rufiyaa

 President: Ibrahim Mohamed Solih

MoU inked for Water Metro project

 The Kochi Metro Rail Ltd (KMRL) and the state government signed a memorandum of
understanding (MoU) for forming a special purpose vehicle (SPV) for the operation and

maintenance of the Rs 747-crore Water Metro project.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 The SPV, Kochi Water Metro Ltd (KWML), shall be a joint venture with equity of 74% for the

government and 26% for KMRL.

 As per the MoU signed by Chief Secretary V P Joy and KMRL MD K R Jyothilal in

Thiruvananthapuram, KWML will undertake the operation and maintenance of the project.

Add Engg signed MoU with UAE firm

 Add Engineering Gmbh, the parent company of ADD Engineering (India) Private Limited, has

signed an MoU with the UAE-based defence sector EDGE Group PUSC to share crucial

technology to enhance production and improve efficiency of maintenance, repair and overhaul

(MRO) in the defence aviation sector.

 ADD Engineering has been allotted land by KIADB at Tumakuru Machine Tools Park to set up its

unit.

 KIADB authorities handed over the letter of allotment to Girish Linganna.

CII- IGBC inks MoU with Indian Institute of Architects

 On the Occasion of World Environment Day celebrated on June 5, CII's Indian Green Building

Council (IGBC) and Indian Institute of Architects (IIA) signed a MoU to give a fillip to the Green

Building Movement and sustainable development in architectural design and planning.

 V Suresh, chairman, IGBC, Architect C R Raju, IIA national president, exchanged the MoU in the

virtual platform in the august presence of supporting organisations.

 MoU will go a long way in development of a built environment that is aligned with the green building

concepts and practices.

New Zealand became latest nation to sign space agreement with NASA

 New Zealand announced it was the latest country to sign a space agreement with NASA, just as

New Zealand's nascent space industry begins to take off.

 New Zealand became the eleventh signatory to the Artemis Accords, a blueprint for space
cooperation and supporting the U.S. space agency's plans to return humans to the moon by 2024

and to launch a historic human mission to Mars.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 NASA Administrator Bill Nelson mentioned in a statement that New Zealand was one of seven

nations that helped craft the principles in the accords and he was delighted they had signed up.

Indian Oil Corporation Limited signed MoU with Gujarat

 State run Indian Oil Corporation Ltd (IOC) inked pacts with Gujarat government for implementing

projects totaling around Rs. 24,000 crore in the western state.

 “Indian Oil’s Gujarat Refinery will be implementing India’s first Hydrogen Dispensing Facility as a

clean fuel initiative”.

 Expanding refining capacity by 4.3 million tonnes per annum to 18 million tonnes and adding plants

to produce 5,00,000 tonnes per annum of polypropylene and 2, 35,000 tonnes of lube oil base stock

at the site would see a total investment of about Rs 24,000 crore.

 "Chief Minister of Gujarat Vijaybhai Rupani and Union Minister of Petroleum and Natural Gas &

Steel Dharmendra Pradhan presided over an MOU signing ceremony for 'Investment Promotion'

between the Government of Gujarat and IndianOil for setting up a Petrochemical and Lube

Integration (LuPech) Project and Acrylics / Oxo Alcohol Project along with other infrastructure

projects at Gujarat Refinery".

Extra Shots:

 HQ of IOC: New Delhi

 Capital of Gujarat: Gandhinagar

 CM of Gujarat: Vijay Rupani

 Governor of Gujarat: Acharya Devvrat

 National Parks: Blackbuck National Park, Gir Forest National Park and Wildlife Sanctuary, Marine

National Park, Vansda National Park

 Dams: Sardar Sarovar Dam(Narmada river), Ukai Dam(Tapti River), Kadana Dam( Mahi River),

Karjan Reservoir (Karjan river)

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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NMPB and CSIR-NBRI signed MOU

 The National Medicinal Plant Board (NMPS) and the National Botanical Research Institute (CSIR-

NBRI) have signed an agreement to boost cultivation and production of medicinal plants and herbs

in India.

 The AYUSH ministry stated the MoU will facilitate the development of Quality Planting Material

(QPM) of medicinal plants and herbs identified by the NMPB, help in establishment of their

nurseries for QPM, development, promotion, conservation and cultivation of the appropriate

medicinal plants in different agro-climatic zones, including the threatened medicinal plant species

and plants for the high-altitude regions.

 "Through this collaboration, NMPB will support CSIR-NBRI in carrying out the potential medicinal

plant species with high commercial value for the Germ plasm collection/conservation and

establishment of nursery and seed banks/gene banks".

Extra Shots:

 NMPS Board: It was setup to promote medicinal plants sector. It is based in New Delhi

BSE STAR MF signed MOU with GUMCCSL

 BSE-led mutual funds distributor platform, BSE STAR MF, has signed a Memorandum of

Understanding (MoU) with Godavari Urban Multi State Credit Co-Op Society Ltd., Nanded

(GUMCCSL) to deepen its network of over 70,000 registered distributors.

 Sameer Patil, CBO of BSE stated “via this MoU, Godavari Urban Multi-State Co-Op Society Ltd.

would strive to leverage its reach and capacity for delivery of a wider range of financial products

such as mutual funds and so on.

 This partnership with BSE STAR MF will ensure that customers will be on boarded through an easy

and hassle-free digital process and the efforts are aligned towards a less-paper ecosystem.”

 MoU aimsto facilitate cooperation between BSE STAR MF and rural markets in areas such as
financial inclusion, investment goals, and wealth creation.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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Extra Shots:

 HQ of BSE: Mumbai

 MD and CEO of BSE: Ashish kumar Chauhan

BharatPe signed a strategic partnership with ICC

 Merchant payment and lending service provider BharatPe mentioned it has entered into a strategic

partnership with International Cricket Council (ICC).

 The agreement will ensure BharatPe's involvement and integration at all ICC events throughout the

term, including the ICC Men's T20 World Cup (India, 2021), ICC Men's T20 World Cup (Australia,

2022), ICC Women's World Cup (New Zealand, 2022) and ICC Men's Cricket World Cup (India,

2023) among others.

Extra shots:

 BharatPe HQ: New Delhi

 Establishment: 2018

CESL signed MOU with Ladakh and Meghalaya

 To promote clean, affordable and reliable energy solutions, Meghalaya government

and Ladakh union territory have signed memorandum of understanding (MoU) separately with

Convergence Energy Services Ltd, a wholly-owned subsidiary of Energy Efficiency Services Ltd to

generate around 65MW of decentralized solar.

 In the first MoU with Meghalaya Power Distribution Corporation Ltd (MePDCL), CESL has signed

an MoU worth 60MW, which will also entail finding synergies in business development to implement

various sustainable solutions like pump sets, LED lighting and solar power stations for agriculture.

 With Ladakh, CESL will implement various clean energy and energy efficiency programmes,

including decentralized solar power in Zanskar region worth 5MW

Extra Shots:
Ladakh:

 Lieutenant Governor of Ladakh: Radha Krishna Mathur

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 Important MoUs & Agreements - Last 6 Months Current Affairs
(April to Sep 2021)

 Capital of Ladakh: Leh, Kargil

 Hemis National Park (or Hemis High Altitude National Park) is a high altitude national park in

Ladakh

Meghalaya:

 Capital of Meghalaya: Shillong

 CM of Meghalaya: Conrad Sangma

 Governor of Meghalaya: Satya Pal Malik

DIC signed MoU with ICAR to provide ‘Demand Based Tele Agriculture Advisories’ to farmers

 In order to facilitate farmers by providing location specific ‘Demand Based Tele Agriculture

Advisories’, the IndianCouncil of Agricultural Research (ICAR) and Digital India Corporation (DIC)

has signed an initial pact to provide location specific farm tele-advisories.

 ''The objective of the MoU is to integrate the existing Interactive Information Dissemination System

(IIDS) platform of DIC with the proposed KisanSarathi program of ICAR and its implementation

through ICAR network to reach a large number of farmers across the country''.

Extra shots

About ICAR :

 Establishment : 16 July 1929

 Director : Trilochan Mohapatra

 Headquarters : New Delhi

 The Indian Council of Agricultural Research (ICAR) is an autonomous body responsible for

coordinating agricultural education and research in India.

 It reports to the Department of Agricultural Research and Education, Ministry of Agriculture.

 The Union Minister of Agriculture serves as its president.

 It is the largest network of agricultural research and education institutes in the world

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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KIADB and HDFC Bank signed MOU to offer Banking solutions to investors

 Karnataka Industrial Area Development Board (KIADB) has signed a Memorandum of

Understanding (MoU) with HDFC Bank to provide a wide range of financial products and services to

its customers.

 As part of the MoU, HDFC Bank will provide a wide range of financial productsand services to its

customers through an extensive network of branches across the country.

 In addition, KIADB, in its efforts to make the land acquisition for industrial purposes more affordable

and attract investments into Karnataka, has agreed to collaborate with HDFC bank so that eligible

investor/customer of KIADB can avail of credit facilities from HDFC Bank as per Bank process and

policies.

Extra Shots

About HDFC:

 CEO: Sashidhar Jagdishan

 Headquarters: Mumbai

 Tagline: We understand your world

NHPC Limited ink E-Mobility Agreements with CESL

 State-run hydro power giant NHPC signed pacts with Convergence Energy Services Ltd (CESL) to

procure 25 electric vehicles on lease and three fast EV chargers.

 NHPC Ltd has signed e-mobility agreements with Convergence Energy Services Ltd (CESL), a

wholly owned subsidiary of Energy Efficiency Services Ltd (EESL), for leasing of 25 electric vehicles

and supply of three electric vehicle (EV) fast chargers to NHPC including its installation and

commissioning.

 The agreements were signed by Rajesh Kumar, GM (Mechanical) on behalf of NHPC; and

Rajneesh Rana, CGM & Cluster Head (North) EESL/ CESL on behalf of CESL.

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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India and Kuwait signed MoU for cooperation on recruitment of domestic workers

 India and Kuwait have signed a MoU that brings Indian domestic workers in the Gulf nation within

the ambit of a legal framework that streamlines their recruitment and provides them with the

protection of the law.

 The MoU was signed by Indian Ambassador Sibi George and Deputy Minister for Foreign Affairs of

Kuwait Majdi Ahmad Al-Dhafiri in the presence of visiting External Affairs Minister S Jaishankar and

his Kuwaiti counterpart Sheikh Ahmad Nasser Al-Mohammad Al-Sabah.

 Jaishankar arrived here on his first bilateral visit to the oil-rich Gulf nation early.

Extra shots

About Kuwait:

 Capital: Kuwait City

 Currency: Kuwaiti dinar

 Emir of Kuwait: Nawaf Al-Ahmad Al-Jaber Al-Sabah

Bihar signed MoU for mega hydropower project initiation with NHPCL

 A MoU for Bihar's mega Dagmara hydroelectric project, initiated with an aim to a new era of growth

in the power sector, was signed between the Bihar State Power Holding Corporation and the

National Hydroelectric Power Corporation Limited (NHPC).

 The MoU was signed for setting up Bihar’sbiggest hydroelectric power generation plant called the

‘Dagmara multipurpose hydropower project over the Kosi River in Supaul district.

Extra Shots

 Bihar Capital City: Patna

 Bihar CM: - Shri Nitish Kumar

 Bihar Governor: Shri Phagu Chauhan

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 Important MoUs & Agreements - Last 6 Months Current Affairs
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Emirates Group Security, GMR Aviation Academy jointly signed MoU for aviation training

 The Emirates Group Security (EGS) and the GMR Aviation Academy (GMRAA) signed a MoU to

promote cooperation for development and exchange of information, technical expertise, and

experiences in aviation security.

 The GMRAA is part of the GMR Group, India's leading infrastructure development company and the

4th largest private airport company in the world.

 Dubai-based EGS is a multi-faceted organization that develops and implements security strategies

and measures across the Emirates Airline network.

 Through this MoU, the GMRAA and the EGS will jointly offer more than 75 aviation and security

courses in both online and conventional classroom settings - certificates, diplomas, undergraduate

and postgraduate - to thousands of professionals in India as well as in the Middle East and Asian

regions.

Extra Shots:

 Emirates Group CEO: - Sheikh Ahmed Bin Saeed Al Maktoum

 GMR Aviation CEO: - Mr. Amit Sinha

MoU signed between two ministries for development of National Maritime Heritage Complex at Lothal in

Gujarat

 AnMoU has been signed between the Ministry of Ports, Shipping and Waterways and Ministry of

Culture and Tourism for Cooperation in Development of National Maritime Heritage Complex at

Lothal in Gujarat.

 Ports, Shipping and Waterways Minister Mansukh Mandaviya mentioned that this complex would be

dedicated to the legacy of maritime heritage to showcase India’s rich and diverse maritime glory.

 He stated,MoU would help in exhibiting the robust maritime history as well as the vibrant coastal

tradition of our country.

 He noted, this would uplift the image of India’s Maritime Heritage in the international forum.

Extra Shots
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 Important MoUs & Agreements - Last 6 Months Current Affairs
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 Gujarat Capital City: Gandhinagar

 Gujarat CM: Shri Vijay RamniklalRupani

 Gujarat Governor: - Shri AcharyaDevvrat

SJVN signed an inked pact with National Institute of Wind Energy for energy projects

 State-owned SJVN Ltd has signed a pact with National Institute of Wind Energy (NIWE) to develop

solar and wind energy projects.

 SJVN has entered into a memorandum of understanding (MoU) with the Institute for 'technical

consultancy services' for development of solar, wind, hybrid (wind and solar) and hybrid (wind, solar

and battery storage) energy projects of SJVN.

 NIWE will support SJVN to assess the feasibility and techno-commercial aspects of the projects and

preparation of detailed project reports, estimates and bid documents covering all relevant aspects

from the concept to the commissioning of these projects.

Extra Shots:

 SJVN CEO: Shri NandLal Sharma

Union Bank of India signed MOU with NSIC to support MSMEs

 Union Bank of India has entered into an MOU with The National Small Industries Corporation Ltd

(NSIC) under “NSIC Bank Credit Facilitation Scheme” to support MSMEs with credit requirements.

 Under the arrangement the MSME Unit can approach directly to any of NSIC branch offices which

are also operating as Finance Facilitation Centre (FFC) and submit their request for loan

requirement from Union Bank of India.

 The official sitting at the NSIC Branch will provide hand holding support to the MSME unit by

assisting them in completing all documentation as required for further submission to the Bank.

Extra shots

About Union Bank of India:

 Union Bank of India is one of the largest Indian government-owned banks.

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 It is under the ownership of the Ministry of Finance with 120+ million customers and a total business

of US$106 billion.

 Headquarters: Mumbai

 CEO: Raj kiran Rai G

About NSIC:

 National Small Industries Corporation Limited is a Mini Ratna government agency established by

the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955 It falls under the

Ministry of Micro, Small & Medium Enterprises of India.

 Headquarters: New Delhi

India signed MOU with Fiji

 Union Minister for Agriculture & Farmers Welfare, Narendra Singh Tomar and Fiji’s Minister of

Agriculture, Waterways & Environment, Dr. Mahendra Reddy signed a Memorandum of

Understanding (MoU) for cooperation in the field of Agriculture and allied sectors between India and

Fiji in a virtual meeting.

 Tomar stated that India believes in the spirit of 'VasudhaivKutumbakam'.

 India has helped all the countries in the same spirit even during the Corona pandemic under the

leadership of Prime Minister NarendraModi.

 The MoU provides for cooperation in the fields of Dairy Industry Development, Rice Industry

Development, Root crop diversification, Water Resources Management, Coconut Industry

Development, Food Processing Industry Development, Agriculture Mechanization, Horticulture

Industry Development, Agricultural Research, Animal Husbandry, Pest and Disease, Cultivation,

Value Addition and Marketing, Post-Harvest and Milling, Breeding and Agronomy.

Extra shots

About Fiji:
 Fiji, a country in the South Pacific, is an archipelago of more than 300 islands.

 It's famed for rugged landscapes, palm-lined beaches and coral reefs with clear lagoons.
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 Its major islands, VitiLevu and Vanua Levu, contain most of the population.

 VitiLevu is home to the capital, Suva, a port city with British colonial architecture.

 The Fiji Museum, in the Victorian-era Thurston Gardens, has ethnographic exhibits.

 Capital: Suva

 Currency: Fijian dollar

 President: JiojiKonrote

NSG signed MOU with RRU

 With focus on a dual mission, the National Security Guard (NSG) and the RashtriyaRaksha

University (RRU) signed a Memorandum of Understanding (MoU) for cooperation and collaboration

aimed at strengthening the core competencies of the NSG, which are counter-terrorism, counter-

IEDs, and anti-hijacking.

 DG NSG M AGanapathy and Prof (Dr) Bimal N Patel, Vice-Chancellor RRU signed the MoU at the

Manesar campus of NSG.

 The MoU also aims to contribute to capacity-building and providing assistance toIndian start-ups

focused on security by helping them to understand the specific requirements and the problem

statements formulated by NSG for design and research projects.

 The aim of the MoU is to synergise theexpertise of NSG & RRU to embolden innovation, incubation,

training, research, and distance education in the field of security through the ‘Security and

Scientific-Technical Research Association’ (SASTRA) and RRU’s Integrated Space for e-Education

(RISE) platform and tie-ups with Indian start-ups dealing with security-related products.

Extra shots

About NSG:

 The National Security Guard is an elite counter-terrorism unit under the Indian Ministry of Home

Affairs.
 Headquarters: New Delhi

About RRU:
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 Rashtriya Raksha University, formerly Raksha Shakti University is an internal security educational

university located in Gandhinagar, Gujarat, India.

 It is the first internal security institute of India, established by the Government of Gujarat, India in

2009.

 Director: Prof. (Dr.) Bimal N Patel

Maharashtra signed MOU with UK Government

 Maharashtra signed a memorandum of understanding (MoU) with the British government under

their 'ACT4Green' programme, which aims to enable the Indian and UK start-ups to expand

internationally through market entry support in their respective cross-border markets of interest.

 The MoU was signed during a virtual ceremony organized by the Maharashtra State Innovation

Society (MSInS), a nodal agency setup under the aegis of Skill Development, Employment and

Entrepreneurship of the Maharashtra government.

 The society is responsible for the execution of the state's innovative start-up policy.

 Through this partnership, the two organizations aim to strengthen the existing tech start-up

ecosystem in Maharashtra by accelerating technological innovations that address urgent climate

change challenges and leverage the potential of emerging technologies to drive sustainable

economic growth in both the countries.

Extra shots

About Maharashtra:

 Maharashtra is a state in the western peninsular region of India occupying a substantial portion of

the Deccan Plateau.

 Maharashtra is the second-most populous state in India as well as the third-most populous country

subdivision in the world.

 Capital: Mumbai
 Governor: Bhagat Singh Koshyari

 Chief minister: Uddhav Thackarey

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About UK:

 The United Kingdom, made up of England, Scotland, Wales and Northern Ireland, is an island

nation in northwestern Europe.

 England – birthplace of Shakespeare and The Beatles – is home to the capital, London, a globally

influential centre of finance and culture.

 England is also the site of Neolithic Stonehenge, Bath’s Roman spa and centuries-old universities

at Oxford and Cambridge.

 Prime minister: Boris Johnson

 Capital: London

 Currency: Pound Sterling

About Startup ecosystem:

 A startup ecosystem is formed by people, startups in their various stages and various types of

organizations in a location, interacting as a system to create and scale new startup companies.

July 2021 – Important MoUs & Agreements

Cabinet approves MoU between India, Gambia

 The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the signing of

the Memorandum of Understanding (MoU) between Department of Administrative Reforms and

Public Grievances, Ministry of Personnel, Public Grievances and Pensions, Government of India

and the Public Service Commission, Office of the President, Republic of The Gambia on

Refurbishing Personnel Administration and Governance Reforms.

 The main objective of the MoU is to strengthen and promote bilateral cooperation between the two

countries in Personnel Administration and Governance Reforms, as this will facilitate a dialogue
between Indian Government agencies and the agencies of the Republic of the Gambia.

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 The MoU will help in understanding the personnel administration of both the countries and enable in

improving the system of governance through replicating, adapting and innovating some of the best

practices and processes.

The areas of cooperation under this MoU would include, but shall not be limited to:

 Improving Performance Management System in Government.

 Implementation of contributory Pension Scheme

 E-recruitment in Government

Reliance inks pact with ADNOC

 Reliance Industries (RIL) and Abu Dhabi National Oil Company (ADNOC) have signed an

agreement to set up a new petrochemical complex in Ruwais, Abu Dhabi, to produce chlor-alkali,

ethylene dichloride, and polyvinyl chloride (PVC).

 Under the terms of the agreement, this integrated plant will have a capacity to produce 940,000

tonnes of chlor-alkali, 1.1 million tonnes of ethylene dichloride, and 360,000 tonnes of PVC

annually.

 According to oil sector executives, it would cost upwards of Rs 30,000 crore to set up the

petrochemical facility.

Singapore signs pact with Bhutan

 Singapore has signed an agreement with the Royal Government of Bhutan on the establishment of

Model Technical Training Centres (MTTC) as part of growth between the two countries.

 The agreement was signed by Sonam Tobgay, Director of Bilateral Affairs, Ministry of Foreign

Affairs of Bhutan, and Simon Wong, Ambassador of Singapore to Bhutan.

 It is seen as one of the outcomes of Bhutan’s opening up to the outside world.

 India with whom Bhutan has a special relationship has warm ties with Singapore with the city state

setting up vocational training institutes for Indian youth in places like Rajasthan and Assam in recent
years.

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CRPF signs MoU with C-DAC

 The Central Reserve Police Force, CRPF has signed a MoU with Centre for Development of

Advanced Computing C-DAC to train the manpower of the force in advanced technologies and

undertake joint projects.

 The MoU aims at augmenting the technical capabilities of CRPF by training its manpower in

advanced areas like Internet of Things (IoT), Cyber security, Artificial Intelligence, High-

Performance Computing and Big Data Analytics.

 The agreement will also provide the expertise of C-DAC in the form of Technology Partner and

Knowledge Partner in developing various ICT solutions of CRPF.

 Ravideep Singh Sahi IG Communication and IT on behalf of CRPF and Dr. Hemant Darbari, DG C-

DAC on behalf of C-DAC, signed the 5 Year MoU in the presence of CRPF DG Kuldiep Singh.

Tourism Ministry signs MoU with Yatra.Com

 The Ministry of Tourism has signed a Memorandum of Understanding, MoU with Yatra.Com to

strengthen the Hospitality and Tourism Industry.

 The primary objective of this MoU is to provide extensive visibility to accommodation units, which

have self-certified themselves on System for Assessment, Awareness and Training for the

Hospitality Industry- SAATHI on the OTA platform.

 The MoU also outlines both parties to encourage Units to register on NIDHI and thereby on SAATHI

and encourage local tourism Industry with appropriate safeguards for curbing spread of COVID-19.

 The Tourism Ministry in a statement mentioned that the idea is also to gather more information on

accommodation units in order to gain actionable insights and design evidence based and targeted

policy measures and to promote safe, honourable and sustainable tourism.

Agreement on global digital tax - to boost India-US trade negotiations

 The US announced tariffs on six countries, including India,that have imposed or are considering

equalization levy/digital services tax on e-commerce companies but immediately suspended the

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taxes for up to six months to provide additional time to complete the ongoing multilateral

negotiations on international taxation at the OECD and G20.

 The success of the global tax treaty will pave the way for the India-US trade negotiations which

were stuck over digital tax.

 “The digital tax imposed on large US multinationals like Google, Facebook, Amazon was one of the

stumbling blocks during the trade negotiations between the two countries.

 After the success of the global tax treaty, this matter will be automatically resolved and will pave the

way for fresh negotiation”.

India and Gambia signed an MoU

 The Department of Administrative Reforms and Public Grievances, India and Public Service

Commission, Gambia have signed a Memorandum of Understanding (MoU) on Refurbishing

Personnel Administration and Governance Reforms.

 The MoU aims at strengthening and promoting bilateral cooperation between India and Gambia in

Personnel Administration and Governance Reforms.

 Areas such as Improving Performance Management System in Government, Implementation of

contributory Pension Scheme and e-Recruitment in Government would be covered.

Ladakh and HFRI signed an MoU

 Union Territory of Ladakh and Himalayan Forest Research Institute (HFRI) have signed a

Memorandum of Understanding (MoU) for forest cover development in the region.

 UT Principal Secretary Dr. Pawan Kotwal and HFRI Director Dr. SS Samant signed the MoU in Leh.

 Dr Pawan Kotwal stated, MoU is an advisory arrangement without any financial and legal

implications.

 HFRI is an expertise research institute to help Ladakh towards Carbon neutrality.

 He said, Increase in forest cover temperatures and melting of glaciers.

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 HFRI would study and identify the suitable plant varieties to increase the forest cover in Ladakh and

also help in capacity building with training programmes at grass root level.

 Depending on the requirement a regional HFRI centre in Ladakh is also in plan.

Axis Bank signs MOU with Indian Army

 Axis Bank, India’s third largest private sector bank, reinforced its commitment to the Defence sector

by signing an MOU with the Indian Army, to offer a defence service salary package with best-in-

class benefits and features under its ‘Power Salute’ initiative.

 The MOU is a reflection of Axis Bank’s constant endeavour to serve the Defence Forces, and help

them meet their financial requirements, aspirations and milestones.

 Axis Bank’s digital initiatives have enabled soldiers at borders and other remote areas to stay

connected and access a bouquet of banking solutions.

APEDA inks MoU with NAFED

 For harnessing exports potential of agricultural and processed food products of cooperatives as well

Farmer Producer Organizations (FPOs), the Agricultural and Processed Food Products Export

Development Authority (APEDA) signed Memorandum of Understanding (MoU) with National

Agricultural Cooperative Marketing Federation of India Ltd (NAFED).

 According to the MoU, the key areas of cooperation include facilitating APEDA registered exporters

getting assistance under all the Govt. of India schemes implemented through NAFED.

 The MoU also envisages ensuring sustainability and growth of exports by Cooperatives by

addressing issues such as technology, skill, quality products and market access.

 Both the organisations would organize awareness programs Skill Development Programmes and

Workshops at Regional, State and National levels.

India and Nepal sign MoU on 679 MW Arun Hydro Electric Project to SJVN

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 A Memorandum of Understanding (MoU) has been signed for execution of 679 MW Lower Arun

Hydro Electric Project in Nepal between Satluj Jal Vidyut Nigam (SJVN) Central Public Sector

Enterprise under Ministry of Power, Government of India & Investment Board of Nepal (IBN) in

Kathmandu Nepal.

 The Lower Arun Hydro Electric Project is located in Sankhuwasabha and Bhojpur Districts of Nepal.

The project will not have any reservoir or dam and will be a tail race development of 900 MW Arun3

HEP.

 The project will have four francis type turbines.

 On completion the Project will generate 2970 million units of electricity per annum.

 It is scheduled to be completed in four years after commencement of construction activities and has

been allocated to SJVN for 25 years on Build Own Operate Transfer basis.

Cabinet approves MoU between India and Denmark for cooperation in health and medicine

 The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of

Understanding (MoU) between India and Denmark in the field of health and Medicine.

 An official release stated that the bilateral MoU will encourage cooperation between India’s Ministry

of Health and Family Welfare (MoHFW) and the Health Ministry of Denmark through joint initiatives

and technology development in the health sector.

 The release stated that the MoU will strengthen bilateral ties between India and Denmark.
 It will facilitate in improving the public health status of the people of both countries.

NTPC signs MOU with Ladakh and LAHDC

 State-owned NTPC signed a memorandum of understanding (MoU) with UT of Ladakh and LAHDC

to set up the country’s first Green Hydrogen Mobility project, strengthening PM Narendra Modi’s

vision to ensure a carbon-free economy based on renewable sources and green hydrogen.
 Union Cabinet Minister for Power and New and Renewable Energy, R.K . Singh congratulated the

company.
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 Singh said that it is a matter of pride for all of us that Leh is soon to become India's first city to

implement a green hydrogen-based mobility project with zero-emission.

 REL, a 100% subsidiary of NTPC, signed a MoU with the Union Territory of Ladakh, to set up the

country’s first green Hydrogen Mobility project in the region.

 The signing of the MoU was also marked with the inauguration of NTPC’s first solar installations in

Leh in the form of solar trees and a solar carport.

Cambridge University chemists Shankar Balasubramanian and David Klenerman declared winners of

2020 Millennium Technology Prize for their development of revolutionary sequencing techniques

 Cambridge University chemists Shankar Balasubramanian and David Klenerman were declared the

winners of the 2020 Millennium Technology Prize, a prestigious global science and technology prize

awarded for their development of revolutionary sequencing techniques which means DNA

 The prize, awarded by Technology Academy Finland (TAF) at two-year intervals since 2004

 Sir Balasubramanian, an India-born British professor of medicinal chemistry, and Sir Klenerman, a

British biophysical chemist, co-invented the Solexa-Illumina Next Generation DNA Sequencing

(NGS), technology enabling fast, accurate, low-cost and large-scale genome sequencing, the

process of determining the complete DNA sequence of an organism’s make-up, which is proving

crucial in humanity’s fight against the COVID-19 pandemic.

 The winning NGS technology has had, and continues to have, a huge transformative impact in the

fields of genomics, medicine and biology.

 One measure of the scale of change is that it has allowed a million-fold improvement in speed and

cost, when compared to the first sequencing of the human genome.

Ladakh signs MoU with Sikkim

 The Ladakh administration has signed a MoU with Sikkim State Organic Certification Agency

(SOCCA) to turn the Union Territory into an organic entity.

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 A tripartite MoU has been signed between Ladakh and SSOCA regarding the implementation of

Paramparagat Krishi Vikas Yojana and Mission Organic Development Initiative (MODI) in the

Ladakh region with the aim to convert Ladakh into an organic entity by 2025.

 The main objective of this MoU is to get the organic certification after a tie-up with the Centre.

 Ladakh Agriculture Secretary Ravinder Kumar stated that the aim is to make Ladakh a certified

organic UT by 2025 which will be completed in three phases.

 He mentioned that for organic certification the department has divided Ladakh into 3-phases.

 In the first phase, 85 villages have been identified with an aim to convert 5000 hectares of land into

organic and in the 2nd phase, 82 villages will be covered with an area of 10,000 hectares and under

the 3rd phase, the department has selected 79 villages which will cover the remaining areas.

 Sikkim is the first state that is 100 percent organic with all of its farmland certified organic.

IAHE inks pact with University of New South Wales

 The Indian Academy of Highway Engineers (IAHE), under the Ministry of Road Transport &

Highways (MORTH), has signed an Agreement with University of New South Wales (UNSW),

Australia for setting up a Centre for Advanced Transportation Technology and Systems (CATTS) at

IAHE, Noida.

 The Agreement is for a project for capacity building, technology transfer and creation of an enabling

environment for establishment of CATTS in IAHE.

 The UNSW will also deliver a course, certified by it, on smart transport systems and modelling.

Gujarat institute signed MoU for Cambodian police training

 The University of Rashtryaraksha (RRU) in Gandhinagar, Gujarat has an agreement with the

Cambodian Police Academy (PAC) to support police training and capacity building.

 A Memorandum of Understanding (MoU) was effectively signed.

 RRU, an in-house security education institution, supports technology and research in the areas of
training, academics, development, security and policing of the Cambodian Academy.

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 Seng Phally, the PAC President, signed the MoU with Bimal Patel, the RRU Vice-Chancellor.

 The MoU copy shall be exchanged during the visit of a delegation from either side.

 Seng Phally, the PAC President, signed the MoU with Bimal Patel, the RRU Vice-Chancellor.

 The MoU copy shall be exchanged during the visit of a delegation from either side.

Union Cabinet nods MoU on coking coal with Russian Energy Ministry

 The Union Cabinet approved a pact between India and Russia regarding cooperation on coking

coal, a key steel making raw material, for which domestic players remain dependent on imports
from a select group of countries.

 Around 85 per cent of India's coking coal demand is met through imports.

 The cooperation with Russia will help India reduce its dependence on far-located countries like

Australia, South Africa, Canada and the US for sourcing of coking coal.

 It will also reduce per-tonne cost of steel production, as Russia is geographically closer compared

to the stated countries.

 The objective of the MoU is to strengthen cooperation between India and Russia in the steel sector.

 The activities involved in the cooperation are aimed at diversifying the source of coking coal.

India to sign MoU with Bangladesh

 The Indian Government will soon sign a memorandum of understanding (MoU) with Bangladesh to

export 10 lakh bales of cotton every year.

 “The MoU will facilitate a government-to-government transaction.

 The memorandum will be signed soon,” stated Pradeep Kumar Agarwal, Chairman-cum-Managing

Director, Cotton Corporation of India Limited (CCI).

 The CCI will handle the exports to Bangladesh.

 “The MoU was scheduled to be signed during Prime Minister Narendra Modi’s visit to Bangladesh

earlier this year. But, due to elections in States such as Bengal, the MoU could not be signed”.

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 Bangladesh is one of the largest buyers of Indian cotton for its expanding textile industry,

particularly garments.

 The neighbouring country has always wanted India to ensure uninterrupted supply of cotton, and

the MoU is a step in that direction.

Delhi Skill and Entrepreneurship University signed MoU to train and place students in Japan

 The Delhi Skill and Entrepreneurship University (DSEU) has signed a MoU to train and place

students in Japan.

 “The varsity has entered into an exclusive partnership with the HI-NO-DE Foundation, jointly with

Ichishin Holdings Co. Ltd., to implement the technical intern training program (TITP) to train, skill,

and place youth of India, especially those in Delhi”.

 This partnership aims to transform the skill ecosystem through an exchange programme between

students from India and Japan, adding that the intent is to provide the best opportunities for the

youth to work in Japan.

Andhra Pradesh government signs MoUs with 14 more companies

 With an objective to ensure women empowerment and livelihood to six lakh women on a permanent

basis through the YSR Cheyutha scheme, the State government exchanged MoUs with 14

companies.

 Officials exchanged papers in the presence of the Ministers' Committee comprising Peddireddy

Ramachandra Reddy (Panchayat Raj and Rural Development), Botcha Satyanarayana (Municipal

Administration and Urban Development) K Kannababu (Agriculture) and Seediri Appala Raju

(Animal Husbandry) at a programme held in the Panchayat Raj Commissioner’s office at Tadepalli.

 The State government, through the MoUs, wants to create a conducive business environment with

end-to-end solutions consisting of capital support, market linkages, skill enhancement and technical

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support, thereby empowering women and ensuring a sustainable income both at the individual and

collective level.

Bank of Maharashtra signed MoU with NABARD

 Financial institution of Maharashtra (BoM) has signed Memorandum of Understanding (MoU) with

Nationwide Financial institution for Agriculture & Rural Improvement (NABARD) to spice up ongoing

developmental initiatives linked to precedence sector lending in Maharashtra.

 The MoU envisages joint initiatives for the advantage of farmers, farmer producer organizations,
joint legal responsibility teams, self assist teams, rural artisans, weavers, agri-preneurs, agri start-

ups, micro, small and medium enterprises within the State, BoM mentioned in an announcement.

Web Werks signs Rs.750-cr MoU with Karnataka

 Web Werks plans to build a Rs.750 crore ($100m) data center in Bengaluru, India.

 The regional data center provider signed a memorandum of understanding with the local

government of Karnataka, which will help ease the planning permission and regulatory approval

process.

 "Web Werks’ Bengaluru data center will cater to the increasing demand from hyperscalers like

Amazon, Microsoft, Google, and enterprises.

MeitY unveils map services in UMANG App through MoU with MapmyIndia

 The Ministry of Electronics and Information Technology (MeitY) has taken various initiatives in the

recent past to ease the lives of citizens by facilitating online delivery of Government services.

 To further enhance the initiatives of Digital India Programme, the Ministry has enabled map services

in UMANG App ‘through Memorandum of Understanding with MapmyIndia.

 As a result of integration of UMANG with MapmyIndia, citizens will be able to find government

facilities nearest to their location, such as mandis, blood banks and much more, at the click of a

button.

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 The UMANG mobile app launched in 2017, is a Government of India single, unified, secure, multi-

channel, multi-service mobile app, providing access to high impact services of various

organizations.

 UMANG brings major government services on a single mobile app on the mobile phones of citizens.

NCW signed MoU with Bureau of Police Research & Development for gender sensitisation of police

personnel

 The National Commission for Women has signed an MoU with the Bureau of Police Research and

Development for gender sensitization of police personnel across the country.

 The objective of the programme is to ensure gender sensitization of police personnel with respect to

legislation and policies concerning women.

 Bringing attitudinal and behavioural changes in police officers while dealing with crimes against

women is also among the objectives.

 The Commission has been regularly organizing gender sensitization programs for police officers to

achieve the objective of building trust of women complainants in police.

Prasar Bharati and IIT-K signed MOU for NextGen Broadcasting Technology Center of Excellence

 Memorandum of Understanding, MOU, signed between Prasar Bharati, India’s Public Service

Broadcaster and the Indian Institute of Technology Kanpur (IIT Kanpur), a Center of Excellence for

Media and Broadcasting Technologies will be established at IIT Kanpur.

 Subsequent to the collaboration agreement, three areas have been identified to be taken up under

the aegis of the Center of Excellence – Direct to Mobile Broadcasting and Convergence with

emerging 5G standards, Artificial Intelligence and advanced algorithms for audio-visual media.

The following research projects will be taken up by IIT Kanpur in these three areas leveraging funding

provided by Prasar Bharati :

 Next Generation Broadcast Technology Trial (Direct to Mobile Broadcasting, Convergence with 5G)

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 Automatic Speech Recognition for Speech Subtitling (Making Broadcast Content in various Indian

Languages Accessible)

 Archival Content Retrieval through Audio and Text Query

ESR India inks MoU with TN govt

 Industrial and logistics real estate platform ESR India stated it has signed an agreement with

the Tamil Nadu government to develop two industrial parks with an estimated investment of Rs 550

crore.
 ESR India and the Tamil Nadu government have signed a memorandum of understanding (MoU) to

this effect at the Investment Conclave 2021 conference.

 The MoU is signed for the launch of two industrial parks in Kancheepuram and Krishnagiri districts

of the state over the next five years.

 ESR India mentioned the MoU will facilitate its proposed investment at Kancheepuram and

Krishnagiri industrial parks by helping in streamlining land acquisition, approvals, clearances, and

administrative processes as per existing policies, rules, and regulations of the state government.

MECL signs MoU with DMG, Goa

 Mineral Exploration Corporation Limited (MECL) a premier notified mineral exploration agency

under the aegis of Ministry of Mines, Govt. of India signed a Memorandum of Understanding (MoU)

with Directorate of Mines & Geology (DMG), Government of Goa, offering integrated mineral

exploration and consultancy services.

 With the signing of MoU, MECL will assess mineral resources by conducting an array of geo-

scientific exploration and will finalise the mineral blocks to be auctioned and establish the state’s

mineral inventory.

 The recent amendments to the MMDR Amendment Act 2021, Mineral (Auction) Second

Amendment Rules, 2021 and Minerals (Evidence of Mineral Contents) Amendment Rules will
further pave the way for states to fast track the auction process of their mineral acreages, thus

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making role of DMG, Government of Goa pivotal in the process of assessment and allocation of

their mineral acreages.

Kotak Mahindra Bank signs MoU with the Indian Navy

 The Indian Navy has signed a Memorandum of Understanding (MoU) with Kotak Mahindra for

salary accounts of all its personnel - both serving and retired.

 The signing ceremony took place in Delhi in the presence of Commodore Neeraj Malhotra

(commodore pay and allowances) of the Indian Navy and Parminder Varma, business head

(corporate salary) at Kotak Mahindra Bank.

 The bank will reportedly offer special salary account benefits to the Indian Navy like enhanced

complimentary personal accident insurance cover, special education benefit for children, and

additional girl child benefit, and attractive rates and zero processing fees on personal loans, home

loans and car loans.

Indian Bank inks pact with IIT-Guwahati’s Technology Incubation Centre (TIC)

 Chennai-headquartered Indian Bank has signed an agreement with IIT Guwahati Technology
Incubation Centre (TIC) for financing start-ups under Bank’s loan product “IND SpringBoard”.
 The MoU was signed by K S Sudhakara Rao, General Manager (MSME), Indian Bank and
Professor R. Ganesh Narayanan – Technology Incubation Centre (TIC), IIT-Guwahati.
 Indian Bank’s “Ind SpringBoard” scheme aims to empower start-ups to realise their research efforts
powered by financial support from the bank.
 Under this product, the bank supports start-ups by extending up to Rs.50 crore as working capital
and fund-based term loan requirements for acquiring fixed assets.
GoAP signs MoU with IIM Shillong

 The Arunachal government has signed a memorandum of understanding (MoU) with Dr APJ Abdul
Kalam Centre for Policy Research and Analysis-IIM here in Meghalaya for collaborating as a

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knowledge partner to build the capacity of the state government officers to set up a satellite centre
of the IIM Shillong in Arunachal, and for necessary policy interventions.
 Chief Secretary Naresh Kumar signed the MoU on behalf of the Arunachal government, while IIM
Shillong Director Prof DP Goyal signed on behalf of the IIM, in the presence of Chief Minister Pema
Khandu.

CRPF signs MoU with C-DAC to train manpower of force in advanced technologies

 The lead internal security force of the country-Central Reserve Police Force has signed a

Memorandum of Understanding with Centre for Development of Advanced Computing (CDAC)-

India’s premier tech R&D to train the manpower of the force in advanced technologies and

undertake joint projects.

 The MoU aims at augmenting the technical capabilities of CRPF by training its manpower in

advanced areas like Internet of Things (IoT), Cyber security, Artificial Intelligence, High

Performance Computing (HPC) and Big Data Analytics.

 The agreement will also provide the expertise of C-DAC in the form of Technology Partner &

Knowledge Partner in developing various ICT solutions of CRPF.

IPC, WHO sign MoU for promotion of diversity and equity

 The World Health Organization (WHO) and the International Paralympic Committee (IPC) signed an

agreement to work together to foster diversity and equity through global initiatives promoting health

and sport for everybody, everywhere.

 The two partners will collaborate to improve global access to quality rehabilitation and assistive

technology as part of universal health coverage; and mitigate existing inequalities in relation to

access to these life-changing services - a prerequisite for equal opportunities and participation in

sports for persons with disabilities, including for Paralympians and Para athletes.
 Parsons and Tedros signed the MOU in Tokyo.

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 The Paralympic Games will begin on August 24 and conclude on September 5.

Union Cabinet approves multilateral MoU of international finance services agencies

 The Cabinet approved a multilateral MoU signed between the International Financial Services

Centres Authority (IFSCA), International Organization of Securities Commissions (IOSCO), and

International Association of Insurance Supervisors (IAIS).

 It is one of the biggest multilateral forums with several regulators and has 124 signatories.

 Finance Minister Nirmala Sitharaman stated 'India joining this will enable all kinds of exchange of
information and ease of doing business for those registering themselves in the GIFT City'.

 GIFT City at Gandhinagar is India's first operational smart city and International Financial Services

Centre (IFSC).

 IFSCA is a unified regulator to develop and regulate financial products, financial services and

financial institutions in the international financial services centres in India.

For ‘Transfer of Technology’ of a revolutionary Nano Urea Liquid fertiliser, NFL and RCF sign MOUs with

IFFCO

 National Fertilisers Limited (NFL) and Rashtriya Chemicals and Fertilisers Ltd (RCF) signed

Memorandum of Understanding (MoU) with Indian Farmers Fertiliser Cooperative Limited (IFFCO)

for ‘transfer of technology’ of a revolutionary and game changer fertiliser Nano Urea Liquid.

 To enhance the adaptability of Nano Urea by farmers, technology transfer from IFFCO to public

sector fertiliser companies will be achieved through these MOUs.

 This technology transfer will ramp up the production leading towards consistent supply resulting in

faster adoption and would also result in more savings to farmers and government subsidies.

 Under these agreements, IFFCO will transfer the technology of Liquid Nano Urea to NFL and RCF.

 India has become the first country globally to start commercial production of Nano Urea

 MoUs would result in more savings to farmers and Government subsidies.

BIAL signs a deal with IBM

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● To create a new ‘Airport in a Box’ platform that supports end-to-end travel experience for

passengers at the Kempegowda International Airport, IBM has entered into a 10-year partnership

with IBM and Kyndryl.

● The partnership is designed to help the Bangalore International Airport Limited (BIAL) improve its

productivity, automate its information technology services, increase operational flexibility to handle

future growth in passenger traffic and reduce costs.

● The airport operator chose IBM Global Business Services, IBM hybrid cloud capabilities and

Kyndryl, the new, independent company that will be created following the separation of IBM's

Managed Infrastructure Services business, to design and implement next generation architecture

with a dynamic delivery model.

August 2021 – Important MoUs & Agreements

Indian Bank signs MoU with IIT Bombay

 State-owned Indian Bank entered into a memorandum of understanding (MoU) with the Society for
Innovation and Entrepreneurship (SINE), IIT Bombay - an initiative of Indian Institute of Technology

- for extending exclusive credit facility to startups and small businesses.

 SINE, IIT Bombay, supports the MSME sector by providing joint research and development

arrangements and technical and financial support for incubation and acceleration of high-end

technology products.

 Indian Bank stated startups require funds to expand and grow, and one of the most common

problems they face is maintaining positive cash flow.

 Under the MoU, SINE, IIT Bombay will identify the start-ups and MSMEs based on their credentials

and past experience and will refer the list of such members who require financial assistance to the

bank.

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CII enters into agreement with SII

 Confederation of Indian Industry, CII, has entered into an agreement with Serum Institute of India

(SII) to speed up the vaccination program in partnership with industry including health care

providers.

 The vaccination drive will target communities in the country's small towns and rural areas to

increase the coverage.

 CII and SII partnership will ensure to connect hospitals and corporates to fast track vaccination

which is necessary for post pandemic growth of the country.

 SII CEO Adar Poonawala, partnering with industry will help in reaching out to the communities in

the hinterlands within a short period of time.

Union cabinet approves MoU between IIST and Delft University

 The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the

Memorandum of Understanding (MoU) between Indian Institute of Space science and Technology

(IIST) and The Delft University of Technology (TU Delft), for carrying out the Academic programmes

and Research activities involving students and faculty members in each institution signed on April

09, 2021 and May 17, 2021 at respective institutes and exchanged by email.

APEDA signs MOU with University of Agriculture Science, Bangalore

 To boost agricultural and processed food products exports especially from Karnataka, the

Agricultural and Processed Food Products Export Development Authority (APEDA) signed

Memorandum of Understanding (MoU) with University of Agricultural Science (UAS) Bangalore.

 The key areas of cooperation include developing technologies jointly with APEDA for advance

alertness, efficient & precision farming for enhancing quality exports; diversifying the export basket,

destinations and boost high-value agri exports by establishing Brand India globally by increasing

agri-exports from Karnataka under Agri Export Policy (AEP) announced by Government of India in

2018.
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BDL signs MoU with UP

 Hyderabad-based missile and ammunition manufacturers Bharat Dynamics Limited (BDL) signed a

Memorandum of Understanding (MoU) with Uttar Pradesh Expressways Industrial Development

Authority (EIDA).

 BDL is the country’s sole Defence Public Sector Company, manufacturing missiles and underwater

weapons for the armed forces.

 As part of its diversification and expansion strategy, BDL announced the establishment of a

manufacturing unit in the Uttar Pradesh Defence Corridor in Jhansi.

 The Memorandum of Understanding (MoU) was signed in presence of Uttar Pradesh Chief Minister

Yogi Adityanath and Chairman and Managing Director of BDL Commodore Siddharth Mishra in

Lucknow.

India for implementing MoU with Bangladesh

 India has emphasized the implementation of the recently-signed memorandum of understanding

(MoU) with Bangladesh over disaster management, resilience and mitigation on a priority basis.

 “We must implement the recently-concluded MoU in the field of disaster management, resilience

and mitigation on a priority basis”.

 Bangladesh and India signed a number of MoUs to enhance cooperation in various sectors,

including disaster management, resilience, and mitigation during Indian Prime Minister Narendra

Modi’s visit to Bangladesh in March this year.

 Dr Jaishankar expressed confidence that these mechanisms will help the two countries remain

better prepared to face such challenges in the future.

ADB approves USD 300 million additional loan For Rural Roads In Maharashtra

 Asian Development Bank has approved a USD 300 million loan as additional financing for the

ongoing Maharashtra Rural Connectivity Improvement Project that is upgrading rural roads and

connecting remote areas with markets.

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 The Project was approved in August 2019, for improving and maintaining the condition and safety of

2,100 kilometres (km) of rural roads across Maharashtra.

Important Features of the Additional Financing :

 To help accelerate Maharashtra’s economic recovery from COVID-19 devastation by generating

rural employment and transforming agriculture.

 It will improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 km in 34

districts of Maharashtra

GIFT City and India Insurtech Association signed an ink pact

 India Insurtech Association (IIA), a not-for-profit body promoting tech-driven insurance ecosystems

in India inked a memorandum of understanding (MoU) with International Financial Services Centre

at GIFT City, (GIFT-IFSC) to collaborate on building thought leadership in the field of insurance and

promoting GIFT City for Indian and foreign insurance companies.

 To raise awareness about GIFT IFSC, the collaboration will organize events, information series,

seminars, and conferences.

 The two institutions will also research regulatory sandbox projects for GIFT IFSC, which will benefit

insurtech start-ups, re-insurance businesses, politicians, service providers, and individuals.

Delhi board of school education signed MoU with International Baccalaureate

 Delhi Chief Minister Arvind Kejriwal has recently announced that the government has signed a MoU

between the Delhi Board of School Education and International Baccalaureate (IB), paving the way

for students from government schools to access educational facilities of the highest level.

 CM Kejriwal stated the International Baccalaureate board is present all over the world and that it is

every parent's dream to send their children to IB-affiliated schools.

 This agreement will make sure that students in Delhi government schools receive a quality

education.

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BBCI and IIT Guwahati signed an MOU on cancer research

 The B Borooah Cancer Institute (BBCI) and Indian Institute of Technology, Guwahati have signed a

Memorandum of Understanding for research collaborations.

 The MoU was signed following a virtual meeting between BBCI director Dr Amal Chandra Kataki

and IITG director Prof T G Sitharam along with other faculties from both the institutes.

 Higher incidence of cancers of gallbladder, oesophagus, nasopharynx, lung and stomach among

both men and women of North East India cannot solely be explained by existing evidence available

in the western literature.

India, USA sign agreement

 Indian and American bodies have signed an agreement on monsoon data analysis and cooperation

to improve weather forecasts in the region.

 The agreement was signed by India's National Institute of Ocean Technology Director G A

Ramadass and the US Assistant Administrator for Research and Acting Chief Scientist Craig

McLean of the National Oceanic and Atmospheric Administration.

 The two bodies would enhance technical cooperation in the development of the Research Moored

Array for African-Asian-Australian Monsoon Analysis and Prediction (RAMA) and the Ocean

Moored buoy Network in the northern Indian ocean (OMNI) for improving weather and monsoon

forecasts between NOAA and India's Ministry of Earth Sciences.

 The agreement is a follow up to the memorandum of understanding signed between the Ministry of

Earth Sciences and NOAA last October for Technical Cooperation in Earth Observations and Earth

Sciences.

Indian Bank signs MoU with Paralympic Committee

 Public sector Indian Bank stated it has signed a memorandum of understanding (MoU) with

Paralympic Committee of India (PCI) as one of the banking partners of the Paralympic Games

scheduled to commence from August 24 in Tokyo, Japan.

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 "The bank, through its year-long association with PCI, will provide financial assistance to support

the paralympic athletes to prepare for the sports events in domestic as well as global platforms for a

year".

 PCI President Deepa Malik stated that the resources from the bank would be used to meet the

requirements of the para athletes ranging from their training, nutrition and equipment, among

others.

 Timely financial aid for the sportspersons would encourage them to focus on their efforts to win for

the country.

Bangladesh to sign MoU with China for COVID vaccine co-production on Aug 16

 The government of Bangladesh will sign an MoU for the co-production of the COVID 19 vaccine

with China.

 Health Minister Zahid Maleque, Foreign Minister Dr A K Abdul Momen and the Chinese

Ambassador to Bangladesh Li Jiming are scheduled to attend the MoU signing ceremony in Dhaka.

 Foreign Minister Dr. A K Abdul Momen has stated that the MoU will be signed between the Chinese

company Sinopharm and the local company Incepta Pharmaceuticals Ltd.

 He informed Incepta will bring in the material in bulk from China and undertake the bottling, labeling

and finishing of the vaccine locally which will make the price relatively cheap.

 Earlier, a consignment of 1 million doses of the Sinovac COVID vaccine gifted by China arrived in

Bangladesh.

 This was the fourth consignment of the Sinovac vaccine from China received by Bangladesh.

 Bangladesh has fully vaccinated over 5.22 million people with both doses of the COVID 19 vaccine

while more than 15.31 million people have received one dose of the vaccine till 12 August.

Tata Motors partners with Bank of Maharashtra

 Homegrown auto major Tata Motors stated it has partnered with Bank of Maharashtra to offer retail

financing st for its passenger vehicles.

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 Under the partnership, Bank of Maharashtra will provide loans to Tata Motors' customers at an

interest rate starting from as low as 7.15 per cent linked with Repo Linked Lending Rate (RLLR),

subject to certain conditions.

 Besides, the scheme will offer a maximum of 90 per cent financing on the total cost of the vehicle

(on-road pricing) for various individuals like salaried employees, self-employed people,

professionals, businessmen, and agriculturist.

 On the other hand, a maximum of 80 per cent financing can be availed on the cost of the vehicle by

corporate clients.

 The partnership with Bank of Maharashtra is aimed at offering special finance schemes to support

to the company's customers in these tough times, it added.

Disaster Management MoU between India and Bangladesh

 The Union Cabinet Chaired by Prime Minister Narendra Modi has approved the MoU on

cooperation in the field of Disaster Management, Resilience and Mitigation signed between India

and Bangladesh in March this year during the visit of Prime Minister Modi to Bangladesh.

 The MoU seeks to put in place a system so that both the countries benefit from the Disaster

Management mechanisms of each other.

UK to start negotiations for trade agreement with India

 The UK government is looking at wrapping up a quick “interim” trade deal with India, which could

see tariffs slashed on products like Scotch whisky before a full agreement is in place.

 The Department for International Trade (DIT) is looking to start formal negotiations with India before

the end of this year, after an initial consultation period finishes in two weeks’ time.

 Britain will try to strike an interim agreement that would allow for free trade between the two

countries under the terms of a World Trade Organization charter.

 Indian producers of things like rice could get greater access to the UK market under the interim

deal.
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Centre & ADB signed an ink pact to expand Bengaluru metro network

 The Government of India and the Asian Development Bank (ADB) signed a $500 million loan to

expand the metro rail network in Bengaluru with the construction of two new metro lines totaling 56

km in length.

 The signatories to the agreement for Bengaluru Metro Rail Project were Rajat Kumar Mishra,

Additional Secretary, Department of Economic Affairs in the Ministry of Finance who signed for the

Government of India, and Takeo Konishi, Country Director of ADB’s India Resident Mission who

signed for ADB.

 “The new metro lines will further strengthen safe, affordable and green mobility in Bengaluru, having

a positive impact on enhancing quality of life, sustainable growth in urban habitat and livelihood

opportunities.”

 “The project supports urban transformation of Bengaluru City into a more livable and sustainable

city through support to urban public transport and urban development with concepts of transit-

oriented development (TOD) and multi-modal integration (MMI)”.

 “The project will bring various benefits including road de-congestion, better urban livability and

environmental improvement.”

Tourism Ministry signs MOU with MakeMyTrip, Ibibo

 The Ministry of Tourism has signed a Memorandum of Understanding (MoU) with MakeMyTrip

(India) Private Limited and Ibibo Group Private Limited as part of its ongoing efforts to strengthen

the hospitality and tourism industry in the aftermath of the coronavirus pandemic.

 The Ministry of Tourism has already signed MoUs with EaseMyTrip, Cleartrip and Yatra.com.

About the MOU:

 "The primary objective of this MoU is to provide an extensive visibility to accommodation units,

which have self-certified themselves on SAATHI (System for Assessment, Awareness and Training
for the Hospitality Industry) on the OTA platform.

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 The MoU also outlines both parties to encourage units to register on NIDHI and thereby on SAATHI

and encourage local tourism industry with appropriate safeguards for curbing spread of COVID-19.

Assam govt signs MoU with banks, MFIs

 The Assam government signed a memorandum of understanding (MoU) with 38 microfinance

institutions (MFI) and banks to give relief to poor women borrowers.

 Waving off the microfinance loans of women was a poll promise of the ruling BJP.

 “With a view to providing succor to poor women borrowers who are not able to return the loan

amount of MFIs, the Finance Department of the Government of Assam signed an MoU with MFIs

for implementation of Assam Micro Finance Incentive and Relief Scheme (AMFIRS), 2021”.

 Chief Minister Himanta Biswa Sarma, who was present, described the MoU as historic.

About MFI:

 Microfinance institutions (MFIs) are financial companies that provide small loans to people who do

not have any access to banking facilities.

 The definition of “small loans” varies between countries.

Poonawalla Fincorp signed MoU with Institute of Company Secretaries of India

 Poonawalla Fincorp Limited (Formerly Magma Fincorp Limited), has signed an MoU with Institute of

Company Secretaries of India (ICSI) to provide collateral-free term loans to ICSI members as well

as its employees.

 The scheme will benefit over 65,000 ICSI members across the country.

 The scheme offers an attractive interest rate, zero prepayment charges and host of other attractive

benefits.

 This is a unique offering covering company secretary’s professionals across the country powered by

a completely digital and 100% paperless process along with E-Agreement and E-NACH for fully

online offering.

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 In line with the company's objective of providing hassle-free loans to professionals to meet their

financial needs, the company has planned for similar such tie-ups.

 It demonstrates its irrefutable support towards nation-building while creating opportunities of growth

and development of professionals and entrepreneurs.

India & Maldives signed inks pact on mega Greater Male Connectivity Project

 In one of the major connectivity initiatives abroad, India will commence the Greater Male

Connectivity Project (GMCP) -- the largest-ever infrastructure project -- in the Maldives.

 India will grant $100 million for the project besides a line of credit worth Rs 400 million.

 “A contract between AFCONS and Government of the Maldives was signed for construction of

Greater Male Connectivity Project.”

 "This is a flagship project of President Solih’s presidency.

 It will be an enduring symbol of the India-Maldives partnership.

 It is the largest infrastructure project to be executed in the country.

 This project will connect business, people, and industry.”

 GMCP will include the construction of a 6.74 km long bridge and causeway link which will connect

the capital city Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.

Sep 2021 – Important MoUs & Agreements

NMCG partners with SAIARD

 Mr. Rajiv Ranjan Mishra, Director General, National Mission for Clean Ganga (NMCG) Mr. Hitesh

Vaidya, Director, National Institute of Urban Affairs (NIUA) and Dr. Biswajit Roy Chowdhary,

Chairman, South Asian Institute for Advanced Research and Development (SAIARD), NMCG

signed an Memorandum of Understanding (MoU) with SAIARD to create an academic platform to

engage young students as well as develop a research and capacity building hub to support regional
development in the eastern region.

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 Both NMCG and SAIARD will work together to create and enhance capacity building on integrated

river basin management, with a focus on geospatial technology in riverine ecosystems.

 With the signing of this MoU, SIAIRD will also henceforth be considered as the regional

capacitybuilding center for NMCG in the eastern region.

IGL and SDMC signed MoU to Establish Waste to Energy Plant

 Indraprastha Gas Limited (IGL) inked an MOU with the South Delhi Municipal Corporation

(SDMC),(27/09/2021) to establish a waste to energy plant in Delhi.

 The primary objective of the MoU is to convertMunicipal Solid Wasteinto Compressed Bio-Gas

(CBG) to be used as fuel for running vehicles.

India, Bhutan sign a ink pact for Joint Development of Small Satellites

 India signed the implementing arrangement on the joint development of a small satellite for

Bhutan.

 The agreement was inked by Indian Space Research Organisation's Scientific Secretary R

Umamaheswaran, and Director, Department of Department of Information Technology and

Telecom, Bhutan, Jigme Tenzing, in a virtual signing ceremony.

 The joint development was envisioned during the state visit of Prime Minister Narendra Modi to

Thimphu in 2019.

 "Space sector cooperation is an exciting new area of bilateral partnership between India and

Bhutan".

 The ongoing interactions between ISRO centres and Belgium companies, mainly in the area of

supplying systems and components and the avenues for expanding space relations between

India and Belgium in view of space reforms announced by Government of India, were discussed

during this meeting.

ICRISAT, UN body signed MoU on nutrition and food security

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 The United Nations World Food Programme (WFP) and the International Crops Research Institute

for the Semi-Arid Tropics (ICRISAT) have partnered on programmes and research to improve food,

nutrition security and livelihoods in India against the impacts of climate change.

 A Memorandum of Understanding (MoU) was signed by Bishow Parajuli, WFP India Representative

and Country Director, and Dr Jacqueline Hughes, Director General, ICRISAT.

 WFP and ICRISAT will work jointly to promote research, advocacy and raising awareness on

traditional nutritious crops, undertaking food and nutritional security analysis and adaptation

strategies, among other engagements, as part of the MoU.

Federal Bank signed agreement with Ashok Leyland for vehicle finance

 Federal Bank, India’s leading Private Sector Bank signed a Memorandum of Understanding (MoU),

with AshokLeyland, flagship of the Hinduja Group, the second largest commercial vehicle

manufacturer in India with their complete range of BS6 vehicles.

 The MoU was Signed by Harsh Dugar Group President, Federal Bank and Gopal Mahadevan

Whole Time Director and CFO, Ashok Leyland.

 This MoU will enable both Federal Bank and Ashok Leyland to offer customised financial solutions

to their customers.

 The Bank will work towards catering to the customers’ needs through Commercial Vehicle loans

with easy monthly repayment plans best suited for the customers.

 Moreover, the bank will leverage technology for enhancing customer experience.

 Federal Bank with its ‘Digital at the Fore and Human at the Core’ mantra aims to become the Most

Admired Bank of every stakeholder and the signing of the MoU with Ashok Leyland is a step

towards this end.

MoU Signed between TRIFED and Big Basket

 The Union Minister of Tribal Affairs Shri Arjun Munda has stated, "The government is taking up
ambitious transformational programmes which will prove to be game-changer for the tribal

livelihoods in times to come".

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 Two major initiatives for boosting tribal livelihoods, one with the signing of MoU between TRIFED

and Big Basket and the other of MoU between TRIFED and PurtyAgrotech of Jharkhand in New

Delhi.

 The MoU between TRIFED and Big Basket is for the promotionand sale of the natural Van Dhan

products through the Big Basket platform while MoU between TRIFED and Purty Agrotech will

promote the art of growing pearls among other tribal entrepreneurs across India and tap the

potential of this market.

Consumer Affairs Ministry signed MoU with CSC

 The Department of Food and Public Distribution (DFPD) under the Ministry of Consumer Affairs

stated it has inked an MoU with CSC e-Governance Services India Ltd (CSC) to increase the

business opportunities and income of fair price shops (FPS).

 The MoU has been signed to look at possibilities to enable interested fair shop dealers to be able to

offer services similar to those given by CSCs through the Digital Seva Portal.

 “For enabling FPSs to work as a CSC Service Centre, CSC has been advised to identify feasible

activities like utility bill payments, PAN application, passport application, Election Commission

Services etc. to facilitate the consumer and simultaneously provide additional income to the FPSs”.

 CSC will tie up with the individual State Government for signing up of bilateral MoUs for providing

interested FPS dealers access to Digital Seva Portal (DSP) for delivery of CSC services.

 CSC has also committed to undertake sharing of technical know-how and capacity building.

MeitY’s NeGD signed MoU with National Law Universities

 The Ministry of Electronics and Information Technology’s (MeitY)National e-Governance Division

(NeGD) signed a memorandum of understanding with National Law University, Delhi and National

Law Institute University in Bhopal to establish a Cyber Lab for the ‘Online Capacity Building

Programme on Cyber Law, Crime Investigation, and Digital Forensics’.

 The goal is to provide Police Officers, State Cyber Cells, Law Enforcement Agencies, Prosecutors,

and Judicial Officers with the necessary skills to deal with Cyber Forensics cases efficiently and
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effectively while adhering to global best practices, standards, and guidelines, as per Indian Cyber

Law.

 Through its Learning Management system, NeGD, in cooperation with NLIU Bhopal, has taken the

initiative to offer a nine-month online PG diploma to 1,000 officials (LMS).

 Learners can use the application to learn on the go at any time and from anywhere.

 The first batch began in November 2020, with 579 people accepted into the programme.

India inks MoU with Nepal

 India and Nepal signed a memorandum of understanding for the reconstruction of14 cultural

heritage and 103 health sector projects damaged by the devastating 2015 earthquake in the

country.

 These projects will be reconstructed at a cost of 420 crore Nepalese Rupees (USD 36 million).

 The Indian Embassy and the Central Level Project Implementation Unit (Building) of National

Reconstruction Authority signed the MoUs for the reconstruction of 14 cultural heritage projects in

Lalitpur, Nuwakot, Rasuwa and Dhading districts and 103 health sector projects in Lalitpur, Rasuwa,

Nuwakot, Sindhupalchowk, Ramechhap, Dolakha, Gulmi, Gorkha and Kavre districts.

 They were signed by both sides in the presence of Karun Bansal, First Secretary (Development

Partnership and Reconstruction) of the Indian mission and Shyam Kishore Singh, Project Director,

CLPIU (Building), Nepal.

India and US signed Project Agreement

 India and the US have inked an agreement for cooperation in the development of air-launched

unmanned aerial vehicles (ALUAVs), which could in the future lead to joint manufacture of artificial

intelligence-enabled drone swarms capable of being launched from aircraft to overwhelm an

adversary’s air defence systems.

 The two countries will work to co-develop the ALUAVprototype at an initial cost of $11 million each
(total $22 million) under the overall framework of the bilateral Defence Technology and Trade

Initiative (DTTI), which has largely failed to deliver the goods since being launched in 2012.
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TANGEDCO inks pact with IREDA

 IREDA has entered into a pact with TANGEDCO for providing technical expertise in developing of

renewable energy projects and raising of funds.

 The memorandum of understanding (MoU) was signed by IREDAChairman and Managing Director

(CMD)Pradip Kumar Das and TANGEDCO CMD Rajesh Lakhoni in the presence of Tamil Nadu

Chief Minister M K Stalin.

 Indian Renewable Energy Development Agency Ltd (IREDA) stated ''it has signed aMoU with the

Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO), for providing its technical

expertise in developing Renewable Energy projects and fund raising.''

 Under the MoU, IREDA will extend its technical expertise to TANGEDCO for renewable energy

project development, bid process management, and implementation support.

 IREDA will also assist TANGEDCO in debt raising through developing financial models,

underwriting services for the proposed debt requirement, and conducting pre-market surveys and

road shows to generate interest amongst prospective investors.

 There are huge opportunities for the development of renewable energy in Tamil Nadu.

 TANGEDCO is planning 20,000 MW of solar power projects, with adequate battery storage, 3,000

MW of pumped storage hydro electric project, and 2,000 MW of gas-based power plant for efficient

renewable integration.

Bharat Electronics Limited (BEL) signs pact for providing reliable power supply to security forces operating

in remote, Naxal-affected and high-altitude areas

 The Bharat Electronics Limited (BEL) has signed a pact for providing reliable and sustainable power

supply to security forces operating in remote, Naxal-affected and high-altitude areas.

 The MoU between the Navratna PSU BEL and the SFC Energy-AG, Germany, and FC TecNrgy Pvt

Ltd (FCTec), signed recently will ensure cooperation in addressing the emerging requirement of
sustainable energy to the security forces through supply of hydrogen and fuel cells.

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 The partnership aims to jointly address the off-grid power needs of the country, including mission

critical requirements of the security forces and a range of additional applications through highly

proven and customised green energy solutions based on fuel cells

All India Institute of Ayurveda signed MoU with Western Sydney University to appoint Ayurveda Chair

 All India Institute of Ayurveda under Ministry of Ayush has signed a Memorandum of

Understanding, MoU in coordination with Western Sydney University Australia, in virtual mode to

appoint an Academic Chair in Ayurveda.

 The MoU was signed by Professor Tanuja Nesari, Director, All India Institute of Ayurveda and

Vice-Chancellor and President, Western Sydney University, Australia, Professor Barney Glover.

 The new Academic Chair will undertake academic and collaborative research activities in

Ayurveda.

 It includes herbal medicine and yoga as well as design academic standards and short -term and

medium-term courses and educational guidelines.

 This Chair will also conduct workshops,seminars and conferences on Ayurveda.

 The Ayurveda Academic Chair will be based at Western Sydney University’s NICM Health

Research Institute, located on the West mead campus, with tenure for a period of three years.

 The appointment of the chair is jointly funded by the Ministry of Ayush and Western Sydney

University and anticipated to commence early in 2022.

Coal India Ltd inks MoU with Dept of Sports for betterment of sports infrastructure

 Coal India Limited has signed an MoU with Department of Sports in New Delhi for betterment of

sports infrastructure in the country.

 Under the MoU, Coal India Limited, under its Corporate Social Responsibility program will

contribute 75 crore rupees towards the National Sports Development Fund.

 The fund will be used for construction of three large hostels meant for sports persons.

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 These hostels will be constructed at Lakshmibai National Institute of Physical Education, Gwalior

and Sports Authority of India’s centres at Bhopal and Bengaluru with a combined capacity of 350

sports persons.

 The initiative is seen as a significant step towards reaping the sports atmosphere created through

recent success in Olympics and Paralympics where India finished with the best ever medal tally.

 The MoU signing ceremony was held in the presence of Youth Affairs and Sports Min ister Anurag

Thakur and Coal Secretary, Dr. Anil Kumar Jain.

 Coal Ministry stated, these hostels will benefit talented athletes directly by creating a conducive

eco-system through focused training under national level coaches.

 The project will be completed by 2023 for which Coal India Limited has already released 25 crore

rupees.

India jointly with Denmark to launch Centre of Excellence on Offshore Wind

 Union Minister for Power and New and Renewable Energy R. K. Singh met Denmark’s Minister for

Climate, Energy and Utilities Dan Jørgensen in New Delhi.

 Mr Singh underlined to the Danish side that energy transition towards green is an important part of

India’s policy.

 He pointed out that Prime Minister Narendra Modi in his Independence Day speech has set a target

of 450 Giga Watt of Renewable Energy capacity by 2030.

 The Minister went on to say that India’s whole renewable energy portfolio is already at 146 GW.

 He stated that India is the only G-20 country whose actions are in consonance with the Paris

Climate agreement with regard to global rise in temperature.

 Discussing the potential of green energy, the Minister said that India is looking at making Ladakh

and islands such as Andaman Nicobar and Lakshadweep green in energy including transport.

 The two Ministers jointly launched ‘Centre of Excellence on Offshore Wind’ as part of the Green
Strategic Partnership.

Skyroot Aerospace is the first Space startup to formally tie-up with ISRO
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 Skyroot Aerospace, a Hyderabad-based Space technology startup, has become the first private

company to formally enter into an agreement with ISRO and is set to benefit from the latter’s

expertise and access facilities to test and qualify its small rocket ahead of launch next year.

 The agreement was signed by R Umamaheswaran, scientific secretary at ISRO and chairman at

Interim IN-SPACe Committee, and Pawan Chandana, CEO of Skyroot Aerospace.

 “The Framework MoU will allow the company to undertakemultiple tests and access facilities at

various ISRO centers and avail the technical expertise of ISRO for testing and qualifying their

Space launch vehicle systems and subsystems”.

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