Current Affairs Agreements

  Health insurance provider Max Bupa partners with fintech platform MobiKwik to promote bite sized group health insurance products for MobiKwik’s 107 million customersacross the country. Bite-sized insurance offerings are over the counter health insurance products, primarily targeted towards working professionals and millennials.
Source: The Economic Times

  National Thermal Power Corporation Limited and Power Grid Corporation of India Limited have signed an agreement to set up National Electricity Distribution Company Ltd. NEDCL will be a joint venture company on 50:50 equity basis. The main aim of the initiative is to enter the electricity distribution business on a pan India basis.
Source: The Financial Express

  The Government of India, the Government of Jharkhand and the World Bank signed a $147 Million Loan Agreement. Jharkhand will invest the amount to provide urban services such as water supply, sewerage, drainage and urban road.
Source: The Press Information Bureau

  National Small Industries Corporation has signed an MoU with Common Service Centres e-Governance Services India.  The aim is to enhance new offerings for the MSME sector by synergizing each other’s competence. MoU will also enable CSCs to utilize plethora of NSIC offerings through the NSIC portal.
Source: The Business Standard

  India has signed agreements with Bangladesh and South Korea for DD India to be telecasted on the state platforms of the respective countries. As per the agreement, BTV World, a channel owned by Bangladesh TV and KBS World, an English language of South Korea, will now be available on the state-owned DD Free Dish.
Source: The Live Mint

  Global internet body Internet Corporation for Assigned Names and Numbers (ICANN) and Indian IT industry body National Association of Software and Services Companies (Nasscom) collaborated to develop identifier technology to manage devices and infrastructure using internet. Under the collaboration, both the bodies will first focus on updating Internet of Things(IoT) devices using domain name system (DNS). The project team under the collaboration includes ICANN technical experts, NASSCOM’s Centre of Excellence IOT team, IIT Hyderabad team and participants from India’s Education and Research Network (ERNET).
Source: The Business Standard

Declaration/Agreements/MoUs during the visit of Prime Minister to Kyrgyz Republic:
  • Joint Declaration between India and the Kyrgyz Republic on Strategic Partnership
  • Road map on Trade and Economic Cooperation between the Republic of India and the Kyrgyz Republic for the Five-Year period (2019-2024)
  • Bilateral Investment Treaty (BIT) between India and the Kyrgyz Republic
  • Memorandum of Understanding for cooperation between National Security Council Secretariat of India and Office of the Security Council of the Kyrgyz Republic
  • Protocol to Amend Article 26 of India-Kyrgyzstan Double Taxation Avoidance Agreement (DTAA)
  • Memorandum of Understanding on Cooperation in the field of Health
  • MoU between DRDO and Kyrgyz India Mountain Biomedical Research Centre
  • Memorandum of Understanding on cooperation between National Security Guards of India and National Guards of the Armed Forces of the Kyrgyz Republic
  • Memorandum of Understanding on cooperation between National Defence Academy of India and Kyrgyz Military Institute of the Kyrgyz Republic
  • Memorandum of Understanding on cooperation between High Altitude Warfare School (Gulmarg), Indian Armed Forces and Joint Mountain training Centre of the Armed Forces of the Kyrgyz Republic
  • Memorandum of Cooperation between Export-Import Bank of India and the Investment Promotion and Protection Agency of the Kyrgyz Republic
  • MoU between India and the Kyrgyz Republic on cooperation on Information and Communication Technology
  • Memorandum of Understanding between Ministry of Consumer Affairs of India and Ministry of Economy of the Kyrgyz Republic on cooperation in the field of Legal Metrology.
  • Memorandum of Understanding between Research and Information System for Developing Countries (RIS) of India and National Institute of Strategic Studies (NISS) of the Kyrgyz Republic
  • Memorandum of Understanding between Y. S. Parmar University of Horticulture and Forestry, Himachal Pradesh and Kyrgyz National Agrarian University (KNAU)
Source: Press Information Bureau

  Indian Railway Station Development Corporation (IRSDC) entered a Tripartite Agreement with French Railways (SNCF) & AFD, a French Agency which will finance up to 7,00,000 EURO, through French National Railways (SNCF)-Hubs and Connexions as a Technical Partner to IRSDC to support the Railway Station Development Program in India, so there will be no financial liability on IRSDC or Indian Railways.
Source: Press Information Bureau

  The V.O. Chidambaranar Port Trust, Tuticorin and Central Warehousing Corporation (CWC) have signed an MoU for facilitating Direct Port Entry (DPE) of e-sealed factory stuffed export container to the port under ‘Ease of Doing Business’. With this MoU, Central Warehousing Corporation would make use of the 18,357 sqm area earmarked in the Truck Parking Terminal located opposite to Fisheries College, Tuticorin for operating and managing the DPE facility for 30 years on Annual Lease Rental basis.
Source- Press Information Bureau (PIB)

  The National Center for Good Governance (NCGG), India’s leading civil services training institution, has entered into an MOU with the Maldives Civil Services Commission for capacity building of 1000 Maldives civil servants over the next 5 years. The agreement was signed during the visit of the Prime Minister of India to Male. The agreement envisages that NCGG will be the nodal institution for designing customised training modules and its implementation taking into account the requirements of the Civil Service Commission, Maldives.
Source- Press Information Bureau (PIB)


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