Articles by "MoU"
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Hello Jammu News at 5:29:00 PM 0

New Delhi, Aug 29: The Union Cabinet, chaired by Prime Minister Narendra Modi, today approved the signing of an MoU between India and Bulgaria for strengthening cooperation in the field of tourism.

The main objectives of the Memorandum of Understanding (MoU) are expanding bilateral cooperation in the tourism sector, exchanging information and data related to tourism and encouraging cooperation between tourism stakeholders, including hotels and tour operators.

The countries will also cooperate in establishing an exchange programme for human resource development, and tour operators, media and opinion makers for promotion of tourism.

The programme also aims to promote exchange of experiences in the areas of promotion, marketing, destination development and management, a statement from the government said.

It will also foster bilateral cooperation through film tourism for promoting the two countries as attractive tourism destinations, it said.

India and Bulgaria had previously signed an agreement on cooperation in the field of tourism on May 25, 1994.

Bulgaria is a potential tourism market for India. India received approximately 5,288 tourists from Bulgaria in 2017, according to the statement.

The signing of the MoU with Bulgaria will be instrumental in increasing arrival from this important source market, it said. (PTI)
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Hello Jammu News at 7:19:00 PM 0
New Delhi, Jun 27 :  The Union Cabinet today approved an array of agreements with various countries in sectors such as aviation and urban development.

The Cabinet gave its nod to an MoU between India and Singapore on cooperation in the field of urban planning. 

The memorandum of understanding (MoU) was signed in May.

The agreement will facilitate government agencies at the Centre and in states to tap into the expertise of Singapore agencies in the areas of urban development and management.

The Cabinet also approved an agreement with Denmark on cooperation in the field of science, technology and innovation.

The agreement was signed in May and it will help researchers from scientific organisations, academia, research and development laboratories and companies from India and Denmark.

"Renewable energy, water, material science, affordable healthcare, synthetic biology, functional food, and blue economy were identified as potential areas for immediate collaboration," an official statement said.

Another MoU approved by the Cabinet relates to cooperation in the field of civil aviation with Germany. 

It will lead to promotion of safe, effective and efficient development of air transport between India and Germany and also help in development of heliports and helicopter emergency medical services.

The Cabinet was also appraised of an implementing arrangement for pre-formulation studies of a Maritime Domain Awareness Mission signed between India and France in March.

The proposed joint mission will be devoted to maritime domain awareness, with the objective to provide relevant data and services to both nations. 

The objective is to monitor the maritime traffic and to identify the non-compliant ships at the maximum possible revisit frequency.

The Cabinet was also apprised of an MoU signed between India and Denmark for cooperation in the fields of animal husbandry and dairying in April.

Danish partnership is expected to facilitate exchange of knowledge and expertise in the areas of animal breeding, animal health and dairying, and fodder management aiming at enhancing production and productivity of Indian livestock.

The Cabinet was apprised of another MoU, this one between India and Indonesia, on technical cooperation in the railway sector.

The agreement will provide a framework of cooperation for focused approach in the areas of capacity building, modernisation of rolling stock, signalling systems and creation of freight terminals.

Another agreement cleared by the Cabinet is with Bahrain in the field of healthcare.

A working group will be set up to further elaborate the details of cooperation and to oversee the implementation of the MoU, the statement said.     PTI

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Hello Jammu News at 5:27:00 PM 0
New Delhi, Jun 25 : Power distribution company BYPL has signed a memorandum of understanding (MoU) with Business Finland, a Finnish government agency, for collaborative activities in different areas, including energy efficiency and electric vehicles.

The agreement was signed last week by BSES Yamuna Power Limited (BYPL) chief executive officer PR Kumar and Jukka Holappa, commercial councilor and head Business Finland' India, at the Embassy of Finland here, said a BYPL spokesperson.

The three year MoU on cooperation in the power distribution sector' will encompass joint studies, pilot projects, knowledge-sharing and consultancy, research projects for inducting future and emerging technologies at the distribution utility level.

Some of the focus areas the collaboration will include are energy efficiency, renewables, energy storage system, electric vehicle and smart grid initiatives, the spokesperson said.

We are excited about the collaboration which will help both the organisations in getting strategic and tactical insights in their continued quest for providing better services benchmarked to global best practices, Kumar said.

It is wonderful to see India working towards ambitious energy targets, Holappa said.

"Finland and especially Finnish energy companies want to be part of this revolution," he said.

The collaboration with the BYPL opens "huge opportunities" for the Finnish companies in the Indian energy sector, he added.  PTI

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Hello Jammu News at 2:31:00 PM 0
Beijing, Jun 23 : Nepal can serve as a bridge between India and China, Prime Minister K P Oli has said, insisting that his country will maintain close ties with the two neighbours while pursuing independent foreign policy.

Oli, who is here on a five-day visit, held talks with President Xi Jinping and Premier Li Keqiang, following which a Memorandum of Understanding (MoU) was signed to build a railway link connecting Tibet with Kathmandu, along with 14 cooperative documents.

In an interview to China's state-run Global Times, Oli said since the formation of his government, Nepal has intensified engagements with both neighbours.

"We have made it clear that we pursue an independent foreign policy and a balanced outlook in the conduct of international relations," he said.

"In foreign policy conduct, our two neighbours naturally receive top priority and with both of them, our relations are broad, comprehensive and multi-faceted," Oli said.

Asked whether Nepal will be the "land of the competition" or "bridge of cooperation" between China and India, Oli said Nepal has remained a sovereign and independent nation throughout history.

"We are firmly committed to not allowing our territory to be used against the sovereign interests of our neighbours. We have the resolve to maintain this and we naturally expect similar assurance from our neighbours," he said.

Given this policy percept, "I see a good prospect of cooperation among our three countries," he said.

Oli said Nepal's developmental needs were immense and needed meaningful and mutually beneficial economic partnership with both its neighbours.

"Fortunately for us, both our neighbours are rising in global stature and making tremendous progress in every area of development. They are in a position to support Nepal in its developmental journey," he said.

"We believe that Nepal can serve as a bridge between our two neighbours. In fact, we want to move from the state of a land-locked to a land-linked country through the development of adequate cross border connectivity. Our friendship with both neighbours places us in an advantageous position to realise this goal," he said.

On the Tibet-Kathmandu railway link, he said "cross-border connectivity is our top priority. Both sides have discussed developing a multidimensional trans-Himalayan connectivity network. This will enhance overall connectivity between our two countries."

"Our two countries are working seriously to establish cross-border railway connectivity. Kerung-Rasuwagadhi-Kathmandu-Pokhara-Lumbini railway project has received priority in our partnership," he said

On China's Belt and Road Initiative (BRI), he said "this is an important initiative launched by President Xi Jinping with the aim of promoting connectivity and cooperation among the countries in the region and beyond."

"We believe that the BRI should be beneficial to all the participating countries. Nepal wants to benefit from the initiative and at the same time, works for the benefit of the international community," he said.

India has reservations over the BRI as it includes the China-Pakistan Economic Corridor which is being laid through Pakistan-occupied Kashmir. PTI

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Hello Jammu News at 4:21:00 PM 0

Ropar, May 24: Rayat-Bahra Ropar Campus has decided to introduce new courses of study keeping in view the demand of the employment market. These new courses had immense employment potential and were aimed at preparing students to get jobs in different sectors.
Announcing this at a media briefing here today, Gurvinder Singh Bahra, Chairman of the Rayat Bahra Group, said that the new courses of study being started from this academic session included B. Voc in Agriculture, Beauty and wellness, Tourism and Hospitality, and Networking and Hardware. The other courses being started included B. Sc. Agriculture (Hons), M. Sc. (Computer Science), and M. Sc. (Chemistry). All these courses would be run under affiliation with the IKG Punjab Technical University and MOU with respective skill sector councils at the national level.
Bahra on this occasion also announced that the Skill Development Centre (Under the Punjab Skill Development Mission) to bridge the gap between unemployed and uneducated, was training youth in 12 different sectors including automobile, healthcare, agriculture, food, retail, financial services and insurance industry (Banking), electronics, IT and ITES (Information Technology Enabled Services), pharmacy, and telecom.
He said that the Rayat Bahra students being equipped with industry relevant skills, there has been an upswing in placements and with more than 375 companies have visited different institutions of the Group. These include 183 in engineering and technology, 95 in management and computers, 35 in hotel management, 46 in pharmaceutical science and health sciences, and 20 in law and education. Students have been offered very attractive and lucrative pay packages.
Bahra said the Rayat Bahra Group with two global universities, two international campuses, six campuses in three States, and 65 recognised institutes is a hub of excellence in academic pursuits with over 35,000 students on its rolls.
Dr Suresh Seth, Campus Director Rayat-Bahra Ropar Campus, said the Rayat Bahra Group of Institutions (RBGI) has introduced a number of new courses in collaboration with top national and international companies to increase the employment potential of the students.
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Hello Jammu News at 4:58:00 PM 0



New Delhi, Apr 6: Bharti Foundation, the philanthropic arm of Bharti Enterprises, has signed a Memorandum of Understanding (MoU) with Newcastle University, UK, to extend cooperation in the area of student’s internship and joint academic research.
As a part of the MoU, the students from Newcastle University, UK, will visit remote villages in India and conduct their research on various educational reform projects run by Bharti Foundation.
The education program of Bharti Foundation’s currently reaches out to over 3, 00,000 students through over 2,100 schools /centres, engaging close to 13,000 teachers across 13 Indian states.
The findings of their research will be used to further develop and enhance the ongoing programs, impacting more than 1.5 million community members across rural India.
Speaking on the occasion, Professor Richard Davies, Pro-Vice-Chancellor, Newcastle University, UK, said: “We welcome Bharti Foundation’s support, which helps our students to gain exposure to their education initiatives.
Such initiatives have proven to be very successful and sustainable models to enhance the quality of education in rural India. We believe this will be a life-time opportunity for the students and the insights will help them develop their skillsets and capabilities to work in different environments amongst culturally diverse people.”
About the partnership, Vijay Chadda, CEO, Bharti Foundation said, “The research based internship program with Newcastle University underlines our commitment to support academic research with the potential of benefiting the rural education ecosystem in the country. This agreement with Newcastle will also serve the purpose to further strengthen our programs, leading us towards our goal to provide quality education for the underprivileged children across rural India.” UNI
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Hello Jammu News at 1:44:00 PM 0


Mumbai, Feb 20: JSW Energy Limited said that it has entered into Memorandum of Understanding (MoU) with the Government of Maharashtra for the manufacturing of Electric Vehicles (EV) and Energy Storage Systems.
In addition to the earlier MoU with the Government of Gujarat with respect to EV manufacturing and associated businesses, the Company has now entered into another MoU with the Government of Maharashtra
for setting up facilities for the manufacturing of EV and Energy Storage Systems in the state of Maharashtra, subject to receipt of internal corporate approvals.. Company said in afiling with BSE. UNI
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Hello Jammu News at 6:03:00 PM 0


New Delhi, Jan 10: Public sector lender Bank of India (BoI) on Wednesday said it has entered into an Memorandum of Understanding (MoU) with Receivables Exchange of India Ltd (RXIL) as a Trade Receivables Discounting System (TReDS) partner for discounting invoices of MSMEs on digital platform.
Speaking on the development, Dinabandhu Mohapatra, MD and CEO, BOI emphasized on the importance of MSME sector, the backbone of Indian economy and thrust given by the government for promoting the MSME sector.
Kashinath Katakdhond, MD and CEO, RXIL said, “We are delighted to partner with Bank of India.”
RXIL is a joint venture between SIDBI and NSE, set up to operate a TReDS Platform for factoring of invoices of the MSMEs in compliance of guidelines issued by RBI.
TReDS is a digital platform to help MSMEs to get their trade receivables financed at a competitive rate through an auction mechanism. 
This will allow MSMEs to have easy and hassle free access to finance and prompt realization of their receivables. UNI
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Hello Jammu News at 5:35:00 PM 0


New Delhi, Aug 4 : Two premier science institutes of the country today came together to get the uncertainty factor in the time scale of the Indian Standard Time to the minimum, or rather, achieve 100 per cent time and frequency traceability. A Memorandum of Understanding was signed between the Council of Scientific and Industrial Research (CSIR) and the Indian Space Research Organisation (ISRO), under which the former will provide time and frequency traceability to the latter. The MoU was signed in the presence of Union Minister for Science and Technology Harsh Vardhan and Minister of State in the Prime Minister's Office Jitendra Singh at the CSIR Science Centre, here. On the occasion, Dr Vardhan said the development dynamics of a country depends on precise time keeping. At the national level, time synchronisation is very essential for all kinds of financial transactions, stock handling, digital archiving, time stamping, international trade, national security and to prevent cyber crimes. The weather forecast prediction depends on accurate time information and its synchronisation, which is a complex phenomenon, he added. The CSIR-National Physical Laboratory (CSIR-NPL) uses the most advanced technological clocks to maintain the Indian Standard Time. The National Time Scale is contributing to the Universal Coordinated Time (UTC), maintained by the International Bureau of Weights and Measures (BIPM), having uncertainty of 20 nanoseconds. 'I wish time accuracy could also be put into practice by the people of India,' Dr Vardhan said in a lighter tone, referring to the late-timers. According to Dr Singh, the NPL sources IST from the US-based National Institute of Standards and Technology (NIST), but time may vary. After this MoU, the space clocks will be synchronised to that of the Primary National Atomic Clocks at the National Physical Laboratory, thus having independence and one possible time. This agreement has formally synchronised the country's indigenous GPS with the IST, resulting in better precision and lesser uncertainty, he added. Dr Girish Sahni, Director General of CSIR, said the collaboration brings together two high-end research and development organisations, which are primarily knowledge driven and knowledge base providers. UNI

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