Agreements Current Affairs - 2020

India and Israel sign Rs 880 crore Defence Deal

On March 19, 2020, the Indian Armed Forces operating under Ministry of Defence signed an agreement with the Israel Weapons Industry. According to the agreement, India is to procure 16, 479 LMG (Light Machine Guns) for Rs 880 crores. Light Machine Gun The Light Machine Guns are used as squad automatic weapons. The LMG were Read More…

Cabinet Approval: India-Iceland MoU in Sustainable Fisheries Development

On February 12, 2020 the Union Cabinet approved the Memorandum of Understanding signed between India and Iceland in the field of fisheries. Highlights The countries had signed agreements in September 2019, to develop inland fisheries. According to the agreement, the countries agreed to create facilities of technical experts and scientists in shore areas and deep Read More…

Bandhan: Transfer of Technology Ceremony held at DefExpo

On February 7, 2020, the transfer of technology ceremony was held at DefExpo 2020. According to the agreement, the organization transferred 15 licenses to 17 industries. The licenses transferred were all on technologies developed by DRDO. The ceremony was named Bandhan. Highlights The transfer of technologies is in the field of laser technology, electronics, armaments, Read More…

Historic Bru-Reang Refugee agreement signed-34,000 displaced to settle in Tripura

On January 17, 2020, Government of India, Bru-Reang representatives, Government of Tripura and Mizoram signed an agreement in New Delhi to end the refugee crisis of Bru-Reang community. Home Minister Amit Shah presided over the event. Highlights Under the agreement, around 34,000 Bru Refugees are to settle in Tripura. The Centre will offer their rehabilitation Read More…

ICAR and NABARD sign MoU to develop Climate Resilient Technologies for farmers

The Indian Council of Agricultural Research (ICAR) and National Board of Agriculture and Rural Development (NABARD) signed Memorandum of Understanding on December 13, 2019. The agreement was signed to facilitate the research and technologies to develop climate resilient practices in the agriculture sector and hi-tech farming practices. Highlights Under the agreement, the organizations will take Read More…