Current Affairs on Memorandum of Understanding

India, Namibia sign MoU to bring cheetah to India

India and Namibia have signed an MoU on wildlife conservation and sustainable biodiversity utilization for reintroducing the cheetah in India. The MoU was signed between Bhupender Yadav (Union Environment Minister) and Netumbo Nandi Ndaitwah (Namibia Deputy PM and Foreign Minister). Kuno National Park in Madhya Pradesh will receive the first tranche of eight cheetahs by August 15, 2022. […]

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PNB signs MoU with Indian Air Force for ‘PNB Rakshak Plus Scheme’

Punjab National Bank (PNB) has signed MoU with the Indian Air Force for ‘PNB Rakshak Plus’. The scheme covers personal accidental insurance, air accidental insurance to serving, retired and trainees of the defence forces, central armed police forces, state police force, metro police and retired defence pensioners. Death Cover: Personal Accidental: Rs. 50 lakh Air Accidental Insurance : Rs. 100 lakh

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India signs MoU with Armenia on High Impact Community Development Projects

India has signed an MoU with Armenia on High Impact Community Development Projects in Armenia with financial and technical assistance from India. The MoU was signed at the 8th India-Armenia Intergovernmental Commission on Trade, Economic, Scientific and Technological, Cultural and Educational Cooperation (IGC) held in Yerevan. Later, Mahatma Gandhi Auditorium was inaugurated at the Yerevan State Medical University (YSMU). Armenia Capital:

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Maharashtra govt signs MoU with Adani Energy for 11000 MW power generation

The Energy department of Maharashtra government has signed an MoU with Adani Green Energy Group Ltd (AGEL) to generate green power. It would require an investment of Rs 60,000 crore and generate employment. AGEL will set up Pumped Storage Projects (PSP) in the next five years, and will produce 11,000 MW power. The MoU was signed by Narayan Karad, Deputy Secretary,

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Bharat Electronics signs MoU with Belarus firm for Airborne Defense Suite

Bharat Electronics Limited has signed an MoU with Defense Initiatives (DI), Belarus, and Defense Initiatives Aero Pvt Ltd, India (a subsidiary of DI Belarus). Reason: To supply of Airborne Defense Suite (ADS) for helicopters of the Indian Air Force (IAF). It would be supported by DI with transfer of technology (manufacturing and maintenance) for supply of advanced electronic

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Andhra Pradesh signs MoU with BYJU’s for government school kids

The Andhra Pradesh government has signed an MoU with BYJU’s to provide quality education to government school students. The government will provide tablets to 4.7 lakh (approximately) students of class VIII at an estimated cost of Rs 500 crore. Aim: More efficient, quality-oriented and presentable. BYJU’s content would be incorporated in bilingual text books for students of classes IV to X from 2023 as

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BRICS PartNIR Innovation Center signs MoU with BRICS bank

The BRICS Partnership on New Industrial Revolution (PartNIR) Innovation Center and the BRICS New Growth Bank (NDB) signed a memorandum of understanding (MoU) to enhance bilateral cooperation and boost BRICS countries’ common development. The name BRICS stands for Brazil, Russia, India, China, and South Africa, a group of emerging markets. It is home to more than 40% of the worldwide population and

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UAE’s META4 to invest ₹250 cr in new EV manufacturing facility in Telangana

UAE-based META4 Group has signed an MoU with the Telangana govt to set up an Electric Vehicle manufacturing plant with an investment of ₹250 crores in Zaheerabad, Telangana. As per the MoU, the Telangana govt will provide 15 acres of subsidized land in the National Investment and Manufacturing Zone, Zaheerabad. META4 has made this investment through Voltly Energy, which provides advanced EV 2-wheeler manufacturing and delivers energy-efficient

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Amazon, Manipur Handloom & Handicrafts Development Corporation sign MoU

Manipur Handloom & Handicrafts Development Corporation (MHHDC) has signed a pact with Amazon for providing an e-market platform for traditional handloom and handicraft items. Both representatives, signed the MoU at the opening function of Manipur Heritage Expo, 2022. As per the National Handloom Census Report, 2019, Manipur is a home of around 2.12 lakh handloom weavers, around 2.11 lakh

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India, Senegal sign MoUs for cultural exchange, cooperation in youth matter

India has signed three MoUs with and Senegal, after talks between VP, M Venkaiah Naidu and President of Senegal, Macky Sall. The first MoU is related to renewal of Cultural Exchange Progarmme (CEP) for the period 2022-26. Second MoU is related to visa-free regime Official which will strengthen the cooperation between the two countries. Third MoU, seeks to enhance bilateral cooperation

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