Rock Phosphate Current Affairs

Cabinet approves MoU between India-Jordan for mining, beneficiation of Rock Phosphate

The Union Cabinet has approved signing of Memorandum of Understanding (MoU) between India and Jordan for mining and beneficiation of Rock Phosphate and Muriate of Phosphate (MOP). It also approved setting up production facility in Jordan for Phosphoric Acid/NPK/DAP Fertilizers with long term agreement for 100% off-take to India. The MoU will ensure consistent supply of raw material, intermediaries and finish Phosphatic and Potassic (P&K) fertilizers to cater to needs of country at a reasonable price.

MoU on Cooperation in Field of Manpower

The Union Cabinet also approved the proposal for signing of MoU on Cooperation in the Field of Manpower between India and Jordan. It aims at enhancing collaboration between two countries in promoting best practices in administration of contractual employment.

The MoU will be valid for period of 5 years and incorporates provision of automatic renewal and monitoring mechanism through Joint Technical Committee (JTC). It reflects latest reforms in recruitment processes and enhances protection and welfare of Indian workers in Jordan. It is expected to usher in greater transparency and curb malpractices in the recruitment process due to use of online portal for recruitment of Indian manpower.

Month: Categories: India Current Affairs 2018

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