Jun 8, 2022 | Business
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, was apprised the Memorandum of Understanding between the Ministry of Housing and Urban Affairs (MoHUA), Government of India and Department of Foreign Affairs and Trade (DFAT), Government of Australia for Technical Cooperation in urban water management. The MoU has been signed in December, 2021.
MoU would reinforce bilateral cooperation between the two countries in the area of urban water security. It would strengthen institutional capacities at all levels for urban water management; improve accessibility, affordability & quality of water and sanitation services; promote circular economy of water & water secure cities; encourage climate resilient water management practices; enhance community participation in water management and improve social inclusion through initiatives for accessible infrastructure.
MoU will enable both sides to learn about technological advancements gained by two nations in key areas of urban water security and will promote exchange of learning, best practices and capacity building of institutions. This will help towards realisation of AatmaNirbhar Bharat.
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(Release ID: 1832165)
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Jun 8, 2022 | Business
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved signing of Memorandum of Understanding among the Department of Biotechnology, Government of the Republic of India (DBT) and the Indian Council of Medical Research (ICMR) and International AIDS Vaccine Initiative (IAVI), USA to contribute towards the development of new, improved and innovative biomedical tools and technologies to prevent and treat HIV, TB, Covid-19 and other emerging infectious and neglected diseases.
This Memorandum of Understanding will further strengthen relations between India and the USA within the framework of international scientific and technological cooperation in fields of mutual interest.
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(Release ID: 1832163)
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Jun 8, 2022 | Business
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi was apprised of the signing of Memorandum of Understanding (MoU) between S. N. Bose National Centre for Basic Sciences (SNBNCBS), Kolkata, India and Leibniz-Institut fur Festkorper- und Werkstoffforschung Dresden e.V. (IFW Dresden e.V.), Dresden, Germany intended to scientific cooperation in the field of “Novel Magnetic and Topological Quantum Materials”.
The research on Quantum Materials has received a worldwide attention due to their potential in development for future quantum technology. The goal of this joint venture will be to foster Indo-German collaboration, provide opportunities and facilitate the advancement of knowledge in the area of magnetic and topological quantum materials. The cooperation in particular will include, sharing of experimental and computational resources, exchange of technical and professional support, and exchanging of faculty, researchers to carry out the collaborative research. This is expected to create the requisite knowledge base on the basis of reciprocity, best effort, mutual benefit, and frequent interactions.
About SNBNCBS:
S. N. Bose National Centre for Basic Sciences (SNBNCBS) is an Autonomous Research Institute established under the Department of Science and Technology, Government of India in 1986 as a Registered Society. The Centre was established to honour the life and work of Professor S. N. Bose who was a colossal figure in theoretical physics and has made some of the most fundamental conceptual contributions to the development of Quantum Mechanics and Quantum Statistics. Over the years, the Centre has emerged as a major institution for research and development in Basic Sciences, specifically in the area of physical sciences and related disciplines, employing the power of experiment, theory and computation. The Centre is also a major hub of advanced manpower training and linkage in this crucial area of Science and Technology. The Centre offers a residential programme leading to PhD and has a vigorous Visitors & Linkage programme.
About IFW:
IFW is a non-university research institute and a member of the Leibniz Association. IFW Dresden is concerned with modern materials science and combines explorative research in physics, chemistry and materials science with the technological development of new materials and products.
The research programs at IFW are focused on functional materials which hold a key position in many fields of application: superconducting and magnetic materials, thin-film systems and nanostructures as well as crystalline and amorphous materials. Further missions of the Institute are the promotion of young scientists and the training of technical staff as well as supplying industrial companies with the Institute’s R&D know-how and experience.
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(Release ID: 1832167)
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Apr 28, 2022 | Business
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has approved the proposal of the Department of Fertilizers for Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for Kharif Season – 2022 (from 01.04.2022 to 30.09.2022).
Financial Implications:
Subsidy approved by Cabinet for the NBS Kharif-2022 (from 01.04.2022 to 30.09.2022) will be Rs. 60,939.23 Crores including support for indigenous fertilizer (SSP) through freight subsidy and additional support for indigenous manufacturing and imports of DAP.
Benefits:
The increase in the international prices of Di-ammonium phosphate (DAP) and its raw materials have been primarily absorbed by the Union Government. The Union Government has decided to provide subsidy of Rs. 2501 per bag on DAP instead of existing subsidy of Rs.1650 per bag which is a 50% increase over the last year’s subsidy rates. The increase in the prices of DAP & its raw material is in the range of approx. 80%. It will help farmers to receive notified P&K fertilizers on subsidized, affordable and reasonable rates and support the agriculture sector.
Implementation Strategy and targets:
The subsidy on P&K fertilizers will be provided based on the NBS rates for Kharif season -2022 (applicable from 01.04.2022 to 30.09.2022) to ensure smooth availability of these fertilizers to the farmers at affordable prices.
Background:
Government is making available fertilizers, namely Urea and 25 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/ importers. The subsidy on P&K fertilizers is being governed by NBS Scheme w.e.f 01.04.2010. In accordance with its farmer friendly approach, the Govt. is committed to ensure the availability of P&K fertilizers to the farmers at affordable prices. In view of steep increase in the international prices of fertilizers & inputs i.e. Urea, DAP, MOP and Sulphur, Government has decided to absorb the increased prices by increasing subsidy on P&K fertilizers including DAP. The subsidy would be released to fertilizer companies as per approved rates so that they can make available fertilizers to farmers at an affordable price than it would have been otherwise.
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(Release ID: 1820522)
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