Biotechnology Current Affairs

Department of Biotechnology inks MoU with IAE on Enhancing Innovation for Clean Energy Transition

Department of Biotechnology (DBT) under Union Ministry of Science and Technology has signed Memorandum of Understanding (MoU) with International Energy Agency (IEA) for enhancing innovation for Clean Energy Transition.  The MoU seeks to deepen co-operation in support of clean energy innovations to accelerate research, development, and demonstration (RD&D) of clean energy technologies in India. It will also help support generation of data for policymaking and improve knowledge of good policy practices for innovation in India and around the world.

Key Facts

The MoU will ensure cooperation for sharing of energy policies on RD&D and sharing of best practices on data collection and analysis. It also has provision for activities such as training and capacity building and accelerating energy innovation by identifying sources of finance. The MoU will be coordinated for Union Ministry of Sceince & Technology by Mission Innovation India Unit set up by DBT and for IEA it will be coordinated by its International Partnership and Initiatives Unit (IPI). It will be initially valid for three years.

International Energy Agency (IEA)

IEA is an inter-governmental organization established in 1974 as per framework of Organisation for Economic Co-operation and Development (OECD). It was established in the wake of the 1973 oil crisis after the OPEC cartel had shocked the world with a steep increase in oil prices. Presently it has 30 member countries including India. It is headquartered in Paris, France.

Its prime focus is on the “3Es” of effectual energy policy: energy security, economic development and environmental protection. It also seeks to promote alternate energy sources (including renewable energy), rational energy policies and multinational energy technology co-operation. It acts as energy policy advisor to 29 member countries and also non-member countries like China and Russia.

Month: Categories: India Current Affairs 2018

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India, Cuba sign two MoUs

India has signed two Memorandum of understandings (MoUs) with Cuba to enhance cooperation in biotechnology and traditional medicine. The MoUs were signed after delegation-level talks between President Ram Nath Kovind and his Cuban counterpart Miguel Mario Diaz-Canel in Havana, Cuba.

President Ram Nath Kovind visited Cuba as last leg of his three-nation visit to Greece, Suriname and Cuba. During the delegation level talks both countries agreed to enhance cooperation in biotechnology, renewable energy and traditional medicine. Cuba reaffirmed its support to India’s candidature for permanent seat in United Nations Security Council (UNSC).

Key Facts

MoU on Traditional Systems of Medicine: It aims to increase cooperation in traditional medicine and homeopathy between both countries.

MoU on Bio Technology: It aims to deepen collaboration on biotechnology between both countries. It was signed between BioCubaFarma, Cuba’s state company for pharmaceutical and biotechnology products, and India’s Kalam Institute of Health Technology.

Month: Categories: India Current Affairs 2018

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