Current Affairs Agreements

  The Central TB Division of the Health Ministry has signed an MoU with Wadhwani Institute for Artificial Intelligence. Under the MoU, the division seeks to explore the application of cutting-edge Artificial Intelligence technology in its fight against tuberculosis (TB). Wadhwani AI would support the National TB programme by helping it become AI-ready. This would including developing, piloting, and deploying the AI-based solutions.
Source: The Hindu Business Line

  Government e Marketplace has signed an MoU with Small Industries Development Bank of India. The MoU aims to benefit MSMEs, women entrepreneurs, Self Help Groups, Women Self Help Groups and various loan beneficiaries under MUDRA and Stand-up India scheme. GeM and SIDBI will take steps to ensure payments within a guaranteed timeframe to sellers, enhance working capital availability through bill discounting.
Source: The Press Information Bureau

  The Steel Users Federation of India has signed a MoU with the Bombay Stock Exchange to launch trading in steel futures. BSE and SUFI will work towards enlisting steel futures in both long and flat segments, which will bring stability, risk-aversion besides creating a level-playing field for all players. BSE offers trading in commodities like gold, silver, crude oil, guar, cotton and turmeric.
Source: The Hindu

  IIT Guwahati has signed a Memorandum of Understanding (MoU) with RD Grow Green India Pvt for Technology transfer for safer drinking water. Drinking water contamination is a major problem in most of the states including Assam. This “chemical-free” treatment technique might be useful to the citizens in rural and urban areas as well. The technology is based on the ‘Apparatus and Method for Removal of Fluoride, Iron, Arsenic and Microorganisms from Contaminated Drinking Water’.
Source: The India Today

  India Meteorological Department (IMD) signed a Memorandum of Understanding (MoU) with the Indian Navy to hand over Cyclone Detection Radar (CDR) building to naval forces for meteorological purposes. The building is set to be utilised by Indian Naval Meteorological Analysis Centre (INMAC). It is an operational unit set up in 2013 with the mandate to provide daily meteorological information/ forecasts to users across the Navy such as IN ships and establishments. The CDR building was constructed during the period 1983-86 inside the Naval Base, having an S-band Cyclone Detection Radar installed by M/s Bharat Electronics Limited.
Source: The Business Standard

  Small Industries Development Bank of India (SIDBI) has partnered with Incuspaze Solutions Private Limited (Incuspaze) to open a first-of-its-kind co-working space. This coworking space exclusively designed for MSMEs and startups. This coworking space, named @Workspaze. This coworking space is fully furnished office equipped with training and conference room, fast-speed internet, reception, refreshment, recreational area, housekeeping facilities etc.
Source: The Economics Times

  The Department of Social Justice signed an MoU with the National AIDS Control Organization (NACO). The signed MoU will enhance outreach on AIDS prevention, address the risk of HIV transmission among all substance users and empower the discriminated and vulnerable groups such as victims of HIV/AIDS, drug abuse and female sex workers.
Source: The Press Information Bureau

  Indian Institute of Technology, Delhi has partnered with Denmark-based firm to start DESMI Centre of Excellence on Waste-to-Wealth at IIT-Delhi. The centre will provide support for implementing framework of pilot projects, which address waste collection and management with possible energy generation.
Source: The Hindu

BookMyForex.com, a marketplace for foreign exchange and remittances, has partnered with YES Bank to launch a co-branded multi-currency forex travel card for Indian overseas travellers. In this Partnership, customers will now be able to buy forex travel cards at the click of a button on the BookMyForex platform and get free doorstep delivery across major cities in India. BookMyForex will offer zero margin or exact inter-bank rates 24×7 on forex card sales.
Source: The Hindu

  Army Welfare Housing Organization (AWHO) and Tata Realty & Housing have signed a memorandum of understanding (MoU). This MoU enables the personnel of Indian Army to immediately take over dwelling units in 13 ‘Ready to Move in’ projects of Tata Realty spread over 10 cities at a discount ranging from 11% to 27%. Army Welfare Housing Organization (AWHO), which has always endeavoured to provide quality housing for Army personnel who are deployed in remote locations across the country. AWHO will now facilitate the acquisition of hom
Source: The Press Information Bureau


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