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18th meeting of IRIGC-MTC held in New Delhi

The Indian Defense Minister Nirmala Sitharaman recently met Russian Defence Minister  General Sergei Shoigu at the 18th meeting of the India-Russia Inter-Governmental Commission on Military Technical Cooperation (IRIGC-MTC) that was held in New Delhi.

Important Highlights of the 18th Meeting of IRIGC-MTC:

  • In the meeting, a wide range of issues were discussed regarding defence equipment, industry and technological cooperation between India and Russia.
  • Issues related to after sales support and upgradation of military equipment of Russian origin were also discussed.
  • Both the Ministers has expressed heir satisfaction at the progress in bilateral defence cooperation between India and Russia.
  • Discussions took place on joint manufacturing projects in the meeting, including the Kamov-226T helicopters, naval frigates and other projects related to land systems.
  • There was also an agreement from both the sides to take forward inter-governmental arrangements to facilitate joint .manufacturing of spares for equipments of Russian origin in India, under the ‘Make in India’ scheme.
  • The existing IRIGC-MTC will be restructured to the IRIGC on Military and Military Technical Cooperation. An agreement regarding this was signed by the two Defence Ministers.

About IRIGC-MTC:

Russia has been the most important arms supplier for India’s Defence forces.  Both the countries have an institutionalized structure to oversee all the issues of military-technical cooperation. The IRIGC is at the top of this institutionalized structure. The India-Russia Inter-Governmental Commission on Military Technical Cooperation (IRIGC-MTC) was set up in 2000.  The First meeting of the IRIGC-MTC was held in Moscow in 2001.  The 19th IRIGC meeting is proposed to be held in Russia next year.

Month: Categories: International Current Affairs 2018

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India Water Impact Summit 2018 held in New Delhi

The India Water Impact Summit-2018 was held in New Delhi. It was jointly organized by National Mission for Clean Ganga (NMCG) and Centre for Ganga River Basin Management and Studies (cGanga).

Key Facts

India Water Impact Summit is annual event where stakeholders get together to discuss, debate and develop model solutions for some of biggest water related problems in the country. The discussions this year were on rejuvenation of Ganga River Basin. There was also multi-country dialogue on subject showcasing of technological innovations, research, policy frameworks and funding models from India and abroad.

Large number of Indian Central Government Ministries as well as all key decision makers responsible for delivering rejuvenation of Ganga was also present at Summit. Nearly 200 domestic and international participants from nearly 15 countries and more than 50 Central, State and Municipal Government representatives participated in the summit.

There were also sessions on afforestation and biodiversity, urban river/water management plans, creating global ecosystem for financing Ganga Rejuvenation Programme and tapping into global capital markets for long term project finance.

The summit focused on three key aspects:

  • Spotlight on 5 states: Uttarakhand, Uttar Pradesh, West Bengal, Delhi and Bihar. Its objective was to showcase efforts and works going on within the respective states.
  • Ganga Financing Forum: It was inaugural forum that brought number of institutions to common knowledge, information and partnership platform. It brought together financial institutions and investors interested in Namami Gange programmes.
  • Technology and Innovation: It was pilot/demonstration programme aimed at providing opportunity to technology and innovation companies from around the world to showcase their solutions for addressing problems prevalent in river basin.

Month: Categories: India Current Affairs 2018

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