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Cabinet approves Memorandum of Association (MoA) by India for establishment of BIMSTEC Technology Transfer Centre at Colombo, Sri Lanka

Cabinet approves Memorandum of Association (MoA) by India for establishment of BIMSTEC Technology Transfer Centre at Colombo, Sri Lanka

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a Memorandum of Association (MoA) by India for establishment of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Technology Transfer Facility (TTF) was signed by the BIMSTEC member countries at the 5th BIMSTEC Summit held at Colombo, Sri Lanka on 30th March, 2022.

Why is it in news?

The main objectives of the BIMSTEC TTF are to coordinate, facilitate and strengthen cooperation in technology transfer among the BIMSTEC Member States by promoting the transfer of technologies, sharing of experiences and capacity building.

Highlights

·       The TTF shall facilitate transfer of technologies among the BIMSTEC Member States, amongst other things, in the following priority areas Biotechnology, Nanotechnology, Information and Communication Technology, Space technology applications, Agricultural technology, Food processing technology, Pharmaceutical technology automation, New and renewable energy technology automation, New and Renewable energy technology, Oceanography, Nuclear Technology Applications, E-waste and solid waste management technology, Health Technologies, Technologies pertinent to Disaster Risk Reduction and Climate Change Adaptation.

·       The TTF shall have a Governing Board and the overall control of activities of the TTF shall be vested in the Governing Board.  The Governing Board shall consist of one nominee from each Member State.

The expected outcomes of the BIMSTEC TTF are:

       i.            Databank of technologies available in BIMSTEC Countries,

    ii.            Repository of information on good practices in the areas of technology transfer management, standards, accreditation, metrology, testing and calibration facilities,

 iii.            Capacity building, sharing of experiences and good practices in development, and

 iv.            Transfer and use of technologies among BIMSTEC countries.

 



Cabinet approves Memorandum of Association (MoA) by India for establishment of BIMSTEC Technology Transfer Centre at Colombo, Sri Lanka The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a Memorandum of Association (MoA) by I

Union Home and Cooperation Minister Shri Amit Shah has thanked Prime Minister, Narendra Modi for instructions given to make 10 lakh recruitments in Mission Mode in one and a half years in all government departments and ministries

The basis of New India is its youth power and to empower them Shri Modi is working continuously and the instructions of Shri Modi to make 10 lakh recruitments in Mission Mode in all government departments and ministries in one and a half years will bring new hope and confidence in the youth

The Union Home Ministry has taken steps to fill up the vacancies in Mission Mode as per the instructions of the Prime Minister, Narendra Modi to make 10 lakh recruitments in all government departments and ministries in one and a half years

The Union Minister for Home and Cooperation, Shri Amit Shah has thanked the Prime Minister, Narendra Modi for the instructions given to make 10 lakh recruitments in Mission Mode in one and half  years in all government departments and ministries.

Through a tweet, the Union Home Minister said "The basis of New India is its youth power, to empower them Shri Modi is working continuously. Shri Modi’s directive to make 10 lakh recruitments in mission mode in all government departments and ministries in 1.5 years will bring new hope and confidence among the youth.”

The Union Home Ministry has taken steps to fill up the vacancies in Mission Mode as per the instructions of Prime Minister Shri Narendra Modi to make 10 lakh recruitments in all government departments and ministries in one and a half years.


The basis of New India is its youth power and to empower them Shri Modi is working continuously and the instructions of Shri Modi to make 10 lakh recruitments in Mission Mode in all government departments and ministries in one and a half years will bring


The basis of New India is its youth power and to empower them Shri Modi is working continuously and the instructions of Shri Modi to make 10 lakh recruitments in Mission Mode in all government departments and ministries in one and a half years will bring new hope and confidence in the youth

The Union Home Ministry has taken steps to fill up the vacancies in Mission Mode as per the instructions of the Prime Minister, Narendra Modi to make 10 lakh recruitments in all government departments and ministries in one and a half years

The Union Minister for Home and Cooperation, Shri Amit Shah has thanked the Prime Minister, Narendra Modi for the instructions given to make 10 lakh recruitments in Mission Mode in one and half  years in all government departments and ministries.

Through a tweet, the Union Home Minister said "The basis of New India is its youth power, to empower them Shri Modi is working continuously. Shri Modi’s directive to make 10 lakh recruitments in mission mode in all government departments and ministries in 1.5 years will bring new hope and confidence among the youth.”

The Union Home Ministry has taken steps to fill up the vacancies in Mission Mode as per the instructions of Prime Minister Shri Narendra Modi to make 10 lakh recruitments in all government departments and ministries in one and a half years.


Cabinet approves grant of moratorium to Cochin Port Authority on repayment of GoI loans for a period of three years

Cabinet approves grant of moratorium to Cochin Port Authority on repayment of GoI loans for a period of three years

The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved a moratorium of three years (2020-21, 2021-22 & 2022-23) to Cochin Port Authority (CoPA) towards repayment of the balance outstanding Government of India (GoI) loans amounting to Rs. 446.83 crore to tide over the financial crisis due to COVID-19 pandemic.

The amount was to be repaid in 10 instalments commencing from 2018-19.  However, Cochin Port Authority could pay the instalments of 2018-19 and 2019-20 only.  From 2020-21, the traffic was badly impacted due to Covid-19 pandemic which adversely impacted the cash inflow.  As a result, Cochin Port could not pay the instalments of 2020-21 and 2021-22.

Cochin Port has been brought under the Major Port Authorities Act, 2021 with effect from November 2021.  The Cabinet Committee on Economic Affairs (CCEA) on 24.08.2016 had approved the proposal for waiver of Penal interest on Government of India Loans taken by Cochin Port for various infrastructural developmental activities during 1936-37 to 1994-95. 

 

 


Project for the construction & maintenance of a Cable Stayed Bridge across River Chambal on Kota Bypass on NH-76 of East-West Corridor in Rajasthan completed

Project for the construction & maintenance of a Cable Stayed Bridge across River Chambal on Kota Bypass on NH-76 of East-West Corridor in Rajasthan completed

Union Minister for Road Transport and Highways Shri Nitin Gadkari has said the project for the construction & maintenance of a Cable Stayed Bridge across River Chambal on Kota Bypass on NH-76 of East-West Corridor in Rajasthan is completed.

In a series of tweets he said Government under the visionary leadership of Prime Minister Shri Narendra Modi is working round the clock to enhance infrastructure in our country.

Why is it in news?

Shri Gadkari said the 1.4 Km long Cable-Stayed Bridge across Chambal river was built with a total CAPEX of approximately Rs. 214 Crore and inaugurated in 2017 by the Prime Minister.

Highlights

·       He said the bridge is the part of Kota Bypass and part of the East-West corridor from Porbander (Gujrat) to Silcher (Assam).The bridge comes with a state-of-the art system such as-capable of handling extreme traffic-jam situations and is built to handle heavy rains, winds, storms and is even equipped with earthquake notification which is sent to the control room of the bridge. The cables of the bridge are aerodynamic in nature and have the ability to be neutral in stormy winds, he added.

·       The Minister said to prevent disturbance to wildlife, a 7.5 m Noise Barrier with approx 70% visibility in 700 m length on both side of the bridge has been installed.He said the project has not only benefitted residents of Hadoti region of Rajasthan but has also contributed to reducing the traffic congestion in Kota city.