Business, Economy & Banking Current Affairs

Amul Signs MoU with ISRO

Gujarat Cooperative Milk Marketing Federation (GCMMF) which markets its product under the brand name ‘Amul’ has signed an MoU with ISRO for fodder acreage assessment using satellite observation and space technology.  

Salient Highlights

As per the MoU signed, ISRO would help in identification between food and fodder crops at the village level. ISRO will also help in establishing suitable areas at village level for green fodder cultivation. The Space Applications Centre (SAC) of ISRO has already carried out assessment that concluded that green fodder availability for dairy livestock at district and village level through remote sensing is feasible.

The significance of the agreement lies in the fact that the fodder acreage estimation can help in monitoring and planning of fodder development activities by the stakeholders in the dairy sector. This will help the milk producing farmers of Gujarat to reap benefits of fodder cultivation. Amul is procuring around 150 lakh litres of milk every day from around 35 lakh milk producers living in 18,500 villages.


Space Applications Centre (SAC) is one of the major centres of ISRO. It was established in the year 1972. It primarily focuses on the design of space-borne instruments for ISRO missions. It also develops applications of space technology covering the fields of communication, broadcasting, navigation, disaster monitoring, meteorology, oceanography, environment monitoring and natural resources survey for societal benefits. It is headquartered in Ahmedabad, Gujarat.


The GCMMF is one of the largest milk cooperatives in the world and the largest food products marketing organisation of India that exclusively markets products under the brand name of Amul and Sagar. It was formed by late Dr. Verghese Kurien in 1973, which today is jointly owned by 3.6 million milk producers in Gujarat. Kurien chaired GCMMF for more than 30 years (1973–2006). More than 70% of the members of the milk cooperative are small or marginal farmers and landless labourers including a sizeable population of tribal folk and people belonging to the scheduled castes. 


India Mobile Congress (IMC 2017) to be held in September

India Mobile Congress 2017 (IMC 2017) is scheduled to be held as a three day event from 27th to 29th September 2017 in New Delhi. This was announced by the Union Minister for Communications Manoj Sinha. This is the first time India is all set to host its own mobile mega show.

The Indian telecom market is the second-largest in the world after China. India has a total subscriber base of over 1.18 billion subscribers.

Salient Highlights

The India Mobile Congress will be the country’s first and biggest platform that will bring together all stakeholders of the Information and Communication Technology (ICT) and government on a common platform. It will see the participation of government bodies, Telecom Service Providers (TSPs), telecom equipment manufacturers, handset manufacturers and app providers. Apart from it, the event will serve as a platform for international players exploring avenues for investment in the country. It will help to attract investments towards programmes like Digital India

Modelled just like the Mobile World Congress events of Shanghai and Barcelona, the event is aimed at bringing the Indian telecom industry at par with its international counterparts. The Mobile Congress will showcase exciting new products & innovation and share the India story.

The event will be organised by Department of Telecommunications along with Cellular Operators Association of India (COAI) and other stakeholders.

The event is expected to see the participation of 5000 paid participants from countries like the US, the UK, Sweden, Finland, Germany, Korea, the Philippines, Bhutan and Japan. Apart from this, the event is expected to see the participation of  telecom giants like Huawei, Ericsson, Nokia, Bharti Airtel, Vodafone and Idea Cellular.