Important Topic Wise Current Affairs - February 2023-Important MOU's & Agreements

Important Topic Wise Current Affairs –February 2023- Important MOU’s &
Agreements
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Agreements
PPAC signs SOI with IEA to strengthen cooperation in field of data and research in energy sector
 Petroleum Planning & Analysis Cell (PPAC), Ministry of Petroleum and Natural Gas (MoPNG),
Government of India, has signed a Statement of Intent (SoI) with International Energy Agency (IEA),
headquartered at Paris, to strengthen cooperation in the field of data and research & enhance global
energy security, stability, and sustainability.

 This partnership will lead to an extensive exchange of knowledge.
 Shri P. Manoj Kumar, Director General, PPAC and Dr. Fateh Birol, Executive Director, IEA, signed a
Letter of Intent (SoI) on the occasion of the India Energy Week.

 This SoI is for cooperation in various areas of cooperation between PPAC and IEA, as well as in the
energy sector, as specified in the SoI.
 In addition, comprehensive datasets, reports, analysis will be made available for better analysis and
interpretation.
 Both sides intend to cooperate under the SoI on the areas of energy markets, data and statistics,
biofuels (bioethanol and biodiesel) and Compressed Bio-Gas (CBG) and other emerging fuels.
 It will also provide information on global oil and gas markets and technologies relevant to the oil and
gas sectors.
 On April 1, 2002, Petroleum Planning & Analysis Cell (PPAC), established under the Ministry of
Petroleum and Natural Gas.
About IEA:
 Headquarters: Paris, France
 Founded: November 1974
 Executive director: Fatih Birol

DGGI and NFSU signed a MoU for setting up of digital forensic laboratories:
 The Directorate General of GST Intelligence (DGGI) and the National Forensic Sciences University
(NFSU) signed a Memorandum of Understanding (MoU) for setting up digital forensic laboratories
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along with excha nge of information and knowledge, technological advancement and skill
development in the field of digital forensics.
 DGGI is the apex intelligence organisation, under the Central Board of Indirect Taxes and Customs
(CBIC), for collection and dissemination of information and for taking necessary measures to check
evasion of GST.
About NFSU:
 NFSU is an institution of national importance established to promote studies and research in forensic
sciences and related fields.
 It is the first and only institute in the field of forensic sciences.

 It has state-of-the-art technology in digital forensics and capabilities to study and analyse digital
evidence.
About DGGI
 The Directorate General of GST Intelligence is a law enforcement agency under the Ministry of
Finance responsible for fighting tax evasion in India.
 It was founded in 1979 as the Directorate General of Anti-Evasion and was later renamed the
Directorate General of Central Excise Intelligence.
TNDIC signed MoUs from 53 industries and organisations for a potential investment of ₹ 11,794 crore
 The Tamil Nadu Defence Industrial Corridor (TNDIC) has managed memorandum of understanding
(MoUs) from 53 industries and organisations for a potential investment of ₹ 11,794 crore and of that
₹ 3,861 crore have already been invested in the Corridor.
 Through the TNDIC, spread over five nodes of Chennai, Coimbatore, Hosur, Salem and
Tiruchirappalli, the government expects that it would generate opportunities for direct and indirect
employment.
 The corridor was inaugurated in 2019.
 A defence corridor refers to a route or a path along which domestic productions of defence
equipment by public sector, private sector and MSMEs are lined up to enhance the operational
capability of the defence forces.
About TN:
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 Chief minister: M. K. Stalin

 Governor: R. N. Ravi
 NP: Mudumalai National Park, Madumalai, Anamalai Tiger Reserve, Mukurthi National Park, Guindy
National Park, Gulf of Mannar Marine National Park, Vedanthangal Bird Sanctuary, Karikili Bird
Sanctuary.
CAG signed two MoUs with the auditing authorities of Tajikistan and Kazakhstan:
 The Comptroller and Auditor General of India (CAG) signed two Memoranda of Understanding
(MoUs) with auditing authorities of Tajikistan and Kazakhstan on the sidelines of the Shanghai
Cooperation Organization Supreme Audit Institutions (SCO SAI) Leaders’ meeting.

 The agreements are aimed at strengthening cooperation and exchang e of expertise between the
two nations in the field of auditing.
 The agreements are a step forward in promoting closer ties and collaboration among the Supreme
Audit Institutions (SAIs) of the three nations.
About CAG:
 The Comptroller and Auditor General of India is the supreme audit institution of India, established
under Article 148 of the Constitution of India.
 Girish Chandra Murmu is the current CAG of India.
 Founded: 1858
IBM has partnered with NASA to gain new findings on Earth’s climate:
 IBM has partnered with NASA to gain new findings on Earth’s climate through the power of AI
technology.
 The two organizations will use AI tech developed by IBM together with the large amounts of Earth
observation and geospatial data that NASA has available to share.

 Earth observation is the gathering of information about Earth’s physical, chemical, and biological
systems, usually through the use of satellite imaging.
 The company stated that these types of AI systems have been used to advance natural language
processing (NLP) technology in recent years.
 An example of an AI model that uses NLP is ChatGPT (Chat Generative Pre-trained Transformer).
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About IBM:
 The International Business Machines Corporation, nicknamed Big Blue, is an American multinational
technology corporation headquartered in Armonk, New York.

 CEO: Arvind Krishna.
 Headquarters: Armonk, New York, United States
 Founders: Herman Hollerith, Charles Ranlett Flint, Thomas J. Watson
 Founded: 16 June 1911, Endicott, New York, United States

MoU with Morocco’s OCP Group for annual imports of 1.75 million tonne:
 To ensure stability in the supplies of soil nutrients four fertiliser firms – state-run National Fertilisers
Limited and Rashtriya Chemicals and Fertilisers Ltd and Chambal Fertilisers and Chemicals Ltd and
Paradeep Phosphates Ltd from the private sector– have signed a memorandum of understanding
(MoU) with Morocco’s OCP Group for annual imports of 1.75 million tonne (MT) of phosphorus (P)
and potassium (K) fertilisers.
 As per the MoU, one MT of diammonium phosphate (DAP), 0.7 MT of triple superphosphate (TSP)
and 0.05 MT of murate of potash (MOP) will be imported to meet the domestic requirements of the
soil nutrients varieties for next one year.
 India has been discussing with several countries s including Senegal, Jordan, Israel, Oman, Russia,
Canada and Saudi Arabia for ensuring assured supplies of non-urea fertiliser such DAP and NPK
from countries,
 The country imports about half of its requirement of DAP.
 Around 25% of urea and 15% of NPK fertilizer requirements are met through imports.
 The domestic MoP demand is met solely through imports (from Belarus, Canada and Jordan, etc).
 In October, 2022, Rashtriya Chemicals and Fertilizers Ltd signed MoU with K Plus S Middle East
FZE DMCC, a subsidiary of Germany’s K+S Minerals and Agriculture GmBH for supply of around 0.1
MT of MOP annually till 2025 at a discounted India specific price.
 In August last year, India and Saudi Arabia had signed a pact for an annual supply of 2.5 MT of
ammonia and DAP, NPK fertilisers till 2025.
About Morrocco
Agreements
 Capital: Rabat
 Currency: Moroccan Dirham
 Prime minister: Aziz Akhannouch

SSIR and IISc join hands to boost semiconductor R&D in the country:
 Samsung Semiconductor India Research (SSIR) announced a new partnership with the Indian
Institute of Science (IISc) to promote research and development in the field of on-chip Electrostatic
Discharge (ESD) protection.

 The research agreement was exchanged by Balajee Sowrirajan, CVP & MD at Samsung
Semiconductor India Research, Bengaluru, and Prof Govindan Rangarajan, Director, Indian Institute
of Science (IISc), in the presence of delegates from Samsung and IISc.
 The partnership seeks to build cutting-edge ESD device solutions to protect ultra-high-speed serial
interfaces in advanced Integrated Circuits (ICs) and system-on-chip (SoC) products.

 The related research will be carried out by Prof Mayank Shrivastava’s group at the Department of
Electronic Systems Engineering (DESE), IISc.
 Solutions arising from this research will be deployed in Samsung’s advanced process nodes.
 ICs and SoCs are essential for practically any system, from small to big, that we see around us, but
they are very sensitive to ESD failures, especially those developed using advanced nanoscale
CMOS (Complementary Metal Oxide Semiconductor) technologies.

 The majority of IC chip failures and field returns are attributed to ESD failures.
 This is also rare expertise and industries holding the art of designing ESD protection devices and
interface concepts lead the market.
 Thus, R&D in ESD technology for highly reliable interfaces and SoCs that operate at low power and
high speed is an integral part of the semiconductor innovation effort.

 IISc is one of the few institutes in the world leading ESD device research.
MoA&FW signed an MOU with Digital Green to build a national-level digital extension platform.
 The Ministry of Agriculture & Farmers Welfare, Government of India signed a Memorandum of
Understanding in New Delhi with Digital Green under a public-private partnership framework to build
a national-level digital extension platform.
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 The platform will host a digital library of curated multi-format multi-lingual content, help extension
workers access and deliver curated content to farmers on time and upskill the vast network of
extension workers for agriculture, etc.

 The MOU is with Digital Green, an award-winning social enterprise that is leveraging the power of
technology to support small and marginal farmers to enhance their productivity and income,
strengthen their agency and build community-level resilience.
 Founded by Rikin Gandhi, a technocrat and social development enthusiast, Digital Green has been
working with governments in Bihar, Jharkhand, Odisha, Andhra Pradesh, and Telangana, serving
over 25 lakhs farmers and having enhanced the capacities of over 4000 front like workers.
Airtel has entered a strategic partnership with Vultr to deliver cloud solutions to enterprises in India.
 Bharti Airtel has entered a strategic partnership with Vultr, world’s largest privately-held cloud
computing company, to deliver cloud solutions to enterprises in India.

 Airtel will offer Vultr’s extensive suite of cloud solutions to its enterprise customers.
 Vultr is on a mission to make high-performance cloud infrastructure easy to use, affordable, and
locally accessible for businesses and developers around the world.

 The cloud solutions will be hosted in Airtel’s data centers across Bangalore, Mumbai and Delhi-NCR,
enabling businesses to scale their digital operations globally.
 The telecom major had previously partnered with Tech Mahindra to deploy captive private network at
the automobile maker's Chakan facility, making it the first 5G enabled auto manufacturing unit in
India.
About Airtel
 Founder: Sunil Bharti Mittal
 Founded: 7 July 1995, India

 Headquarters: New Delhi
Polycab has announced an official partnership with ICC.
 Polycab India Limited. (Polycab), India’s leading electrical goods company with a consolidated
turnover of INR 122+ billion in FY22, announced an official partnership with the International
Cricket Council (ICC).
Agreements
 The partnership will include Polycab’s sponsorship of all major men’s and women’s ICC global
events scheduled until the end of 2023, including the ICC Women’s T20 World Cup in South
Africa, the ICC World Test Championship Final in the United Kingdom and the ICC Men’s Cricket
World Cup 2023 scheduled in India.
 Through this partnership, Polycab will aim to deepen its engagement with their existing and future
customer’s and drive the message - ‘We Innovate for a Brighter Living’.
 Mr. Inder T. Jaisinghani, Chairman and Managing Director.

About ICC
 Headquarters: Dubai, United Arab Emirates

 Founded: 15 June 1909
 Chairman: Greg Barclay
 General Manager: Wasim Khan

SIPL has entered into a partnership with IoTechWorld Avigation for the introduction of drone spraying in
the agriculture sector:
 Syngenta India Pvt. Ltd. (SIPL) has entered into a partnership with IoTechWorld Avigation for the
introduction of drone spraying in the agriculture sector across the country.
 Under this agreement, both will work on creating employment opportunities for rural youth by
training and preparing them for using drones on farmlands.
 The companies have agreed, through a three-year memorandum of understanding (MoU), to
promote the spraying of Syngenta-approved chemicals using the drone technology of

IoTechWorld in different territories of India.
 In the first phase, 200 rural youth will be trained and employed for spraying. Large-scale trials
over 400 acres were conducted and data was submitted to regulators for 20 crops.
 IoTech’s drone, Agribot, will be used across all of Syngenta’s spray services and products.
 Syngenta and IoTech will work together to encourage 200 agri-entrepreneurs and village-level
entrepreneurs developed by Syngenta Foundation India to partner in this project.

 Syngenta is the first private company to get approval from the Central Insecticides Board and the
government to use drones for spraying its product Amistar on paddy to protect the crop against
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fungal infections such as blast and sheath blight.

 Syngenta will also work closely with IoTech to promote drone spray technology in all educational
and promotional campaigns and to support the deployment of at least 2,000 drones under the
micro- and village-level agri-entrepreneur programme.
GAIL signs advance pricing agreement with CBDT
 GAIL (India) Limited signed an advance pricing agreement (APA) with the Central Board of Direct
Taxes (CBDT).
 The APA scheme was launched in 2022 to improve the ease of doing business in India and
support the government's goal of promoting a non-adversarial tax system.

 Advance pricing agreement (APA) programs are operational in many countries like Canada, the
USA, Japan, and the UK.
 The main aim of the APA program is to provide certainty to taxpayers in respect of the transfer
price of cross-border transactions.
 GAIL (India) is dependent on the US for a stable supply of LNG cargoes.
 55 percent of India’s local gas demand is fulfilled through imports.

About APA
 An Advance pricing agreement (APA) is a mechanism to minimize any confusion regarding the
pricing of international transactions through a mutual agreement between the taxpayer and tax
authority.
 APA guidelines are part of the Income Tax Act 1961.

About GAIL
 GAIL (India) Limited is a Maharatna Central Public Sector Enterprise.
 It was established in 1984.

 Sandeep Kumar Gupta is the Chairman and Managing Director.
Mahindra to set up 'Last Mile Mobility Electric Vehicle' manufacturing facility in Telangana
 The Telangana government signed an MoU with Mahindra & Mahindra Ltd. for establishing a
manufacturing facility, including the development and production of electric three and four-
wheelers, on its 'Last Mile Mobility' business.
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 The MoU was signed on the sidelines of the announcement of Telangana Mobility Valley, 'India’s
first new mobility-focused cluster', at the first edition of Mobility Next Hyderabad Summit.
 The state-of-the-art facility from M&M, together with its group companies ('Mahindra Group'), is an
expansion of their existing factory in Zaheerabad, and involves an investment of approximately
Rs 1,000 crore, creating employment to about 800-1,000 people.
About Mahindra & Mahindra Limited
 Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation

headquartered in Mumbai.
 It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra.
Samunnati Agro Solutions Private Limited joins hands with Germany-based GLOBALG.A.P
 Samunnati Agro Solutions Private Limited, one of the prominent agri enterprises in India, joins
hands with Germany-based GLOBALG.A.P., the leading body for setting global standards for
agricultural produce particularly, on food safety and quality.
 Samunnati and GLOBALG.A.P. together aim to collaborate in developing standards for crops
such as cereals, pulses, and oilseeds that are important for the nation.
 The GLOBALG.A.P. protocols are used as benchmarks for enabling international trade in agri
commodities and are widely used by many of the biggest companies involved in the cross-border
trading of agricultural produce.

About Samunnati
 Samunnati is an open agri-network to unlock the trillion-dollar-plus potential of Indian agriculture
with smallholder farmers at the center of it.
 Headquartered in Chennai, Tamil Nadu.
 Anil Kumar S G, Founder & CEO, Samunnati.

Nagaland govt and Patanjali Foods Ltd. sign MoU on palm oil cultivation
 Nagaland government and Patanjali Foods Limited have signed a Memorandum of
Understanding (MoU) for development and area expansion under palm oil cultivation and
processing for Zone-II (Mokokchung, Longleng and Mon districts) of Nagaland under the National
Mission on Edible Oils-Oil Palm (NMEO-OP).
Agreements
 The MoU was signed by the Director of Agriculture, Nagaland, M Ben Yanthan, and Patanjali
Foods Ltd Head-NE Region, Oil Palm Subhas Bhattacharjee at the Directorate of Agriculture,
Kohima.
 According to Patanjali Foods Ltd, the signing of MoU with the Government of Nagaland will
certainly bring a big boost for the oil palm growers in the state of Nagaland and the region.
 Patanjali Foods Ltd is already working in the states of Mizoram, Arunachal Pradesh, Assam and
Tripura in the North East.

About Patanjali:
 Patanjali Ayurved is an Indian multinational conglomerate holding company, based in Haridwar,

India.
 It was founded by Ramdev and Balkrishna in 2006.
 Its office is in Delhi, with manufacturing units and headquarters in the industrial area of Haridwar.
 Founders: Ramdev, Balkrishna
 Founded: January 2006
 Headquarters: Haridwar, Uttarakhand, India

About Nagaland
 Capital: Kohima (Executive Branch)
 Chief minister: Neiphiu Rio
 WLS: Ghosu Bird Sanctuary, Rangapahar Reserve Forest, Fakim Wildlife Sanctuary, Pulie Badze
Wildlife Sanctuary.
Austrade signs MoUs to improve India’s skill and vocational training standards:
 The Australian Trade and Investment Commission (Austrade) has signed an MoU with the
Confederation of Indian Industry (CII) to collaborate on Technical Vocational Education and

Training (TVET) programmes.
 This MoU will focus on Australian training standards and delivery in sectors ranging across
automotive, allied health, mining, IT, cyber security, renewable energy, logistics, supply chain and
water management.
 Austrade’s Australia-India Future Skills Initiative team in India will execute these actions with CII.
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 This initiative is to support India’s workforce and skills development through partnerships with
Australian vocational education, training and skills providers.
About Australia:
 Capital: Canberra
 Prime minister: Anthony Albanese
 Governor-general: David Hurley
About CII:
 The Confederation of Indian Industry is a non-governmental trade association and advocacy
group headquartered in New Delhi, India, founded in 1895.

 CII engages business, political, academic, and other leaders of society to shape global, regional,
and industry agendas.
 It is a membership-based organisation.
 President: Sanjiv Bajaj
 Founded: 1895
 Headquarters: New Delhi, India

India and Fiji have signed MoU on visa exemption
 India and Fiji have signed MoU on visa exemption for holders of diplomatic and official passports.
 As part of this agreement, diplomatic and official passport holders can enter, transit, and stay in each
other territories in the absence of a visa for a period not exceeding 90 days.
 The Memorandum of Understanding (MoU) was exchanged in the presence of Prime Minister of Fiji
Sitiveni Rabuka and External Affairs Minister Dr. S Jaishankar.
 India and Fiji have inaugurated the solarization of the State House in Suva (the capital of Fiji).
 On the visa waiver agreement, Dr. S Jaishankar said that the agreement will help encourage greater
travel between both countries.
Ola signs MoU with T.N. to set up ‘world’s biggest’ EV hub
 Ola Electric Mobility Pvt Ltd (OEM) signed an MoU with the Tamil Nadu government to set up a cell
manufacturing plant and electric 4-wheeler manufacturing plant in SIPCOT Pochampalli, Bargur,
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Krishnagiri district at a combined investment of ₹ 7,614 crore.

 The manufacturing facilities will be set up through OEM’s subsidiaries Ola Cell Technologies Pvt Ltd
and Ola Electric Technologies Pvt Ltd.

 Tamil Nadu government said, of the total investment, Ola Cell Technologies will invest ₹ 5,114 crore
and Ola Electric Technologies ₹ 2,500 crore, respectively over 5 years.
 The new manufacturing facilities will provide direct employment for 3,111 persons.
 With this investment, Ola Electric Mobility targets to install an electric 4-wheelers plant capacity of
1,40,000 units/annum and 20 GWh capacity GigaFactory.
 The MoU was exchanged in the presence of Tamil Nadu chief minister MK Stalin and Ola CEO
Bhavish Aggarwal.
 The chief minister also laid the foundation stone for a 4.98-acre mini Tidel Park in the Vellore district
at an estimated cost of ₹ 30 crore.

 He also inaugurated an ultra-pure liquid medical oxygen production plant of Inox Air Products at an
estimated cost of ₹ 150 crore.
Tripartite MoU signed amongst Ministry of Youth Affairs & Sports, NIPER Hyderabad, and FSSAI to deal
with the problem of doping in sports
 , provide information & build awareness about the risks associated with the use of nutritional
supplements, increase research opportunities in the clean sport & anti-doping domain, and provide
options for safe and dope-free nutritional supplements for sportspersons.
 This MoU is a form of mutual commitment in compliance with the mandate towards strengthening the
field of “Food for Special Dietary Use for Sportspersons”.
 This collaboration will help develop tools for the dissemination of data and information generated by
the testing laboratory at NIPER Hyderabad for the benefit of the sports ecosystem and the public in
India. In the continuous fight against doping in sports, the Ministry of Youth Affairs & Sports,
Government of India, Food Safety & Standards Authority of India (FSSAI), and National Institute of
Pharmaceutical Education & Research, Hyderabad (NIPER Hyderabad) signed a tripartite
Memorandum of Understanding (MoU) to create nutritional supplement testing capacity in India
 Previously in 2022, a tripartite MoU was signed amongst the Ministry of Youth Affairs & Sports,
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Government of India, Food Safety & Standards Authority of India (FSSAI), and National Forensic
Sciences University (NFSU) to create nutritional supplements testing capacity and research in the
country.
CENTRAL WATER COMMISSION INKS AN AGREEMENT WITH IIT, ROORKEE
 The Central Water Commission (CWC), Department of Water Resources, River Development &
Ganga Rejuvenation, Ministry of Jal Shakti entered into a Memorandum of Agreement for
Development of International Centre of Excellence for Dams (ICED) under externally funded Dam
Rehabilitation and Improvement Project Phase II and Phase III.

 This MoA will remain valid for ten years or till the duration of the DRIP Phase-II and Phase-II
Scheme, whichever is earlier, from the date of signing.
 The ICED is being set up at a cost of Rs. 109 Crore, being borne by the Department of Water
Resources, Ganga Rejuvenation & River Development, Ministry of Jal Shakti, Government of India
as a non-recurring grant in six tranches.
 IITR will endeavour to reach a level of self-sufficiency within ten (10) years by generating income
streams through the knowledge and capabilities developed on dam safety & rehabilitation in general,
and in the core areas of reservoir sedimentation and seismic hazard mapping and analysis in
particular.
BEL and IISc Bengaluru signed an MoU.
 Navratna Defence PSU Bharat Electronics Ltd (BEL) and Indian Institute of Science (IISc),
Bengaluru signed an MoU.
 They have signed up to work together in Artificial Intelligence (AI), Machine Learning (ML), and other
emerging technologies.
 The MoU has been signed on the sidelines of the ongoing Aero India 2023 and aims to leverage the
complementary strengths and capabilities of BEL and IISc.

 The agreement will enable BEL and IISc to create a variety of products and services with AI
incorporated and integrated.
 IISc will provide specialized services in AI and ML for BEL to undertake various projects in terms of
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R&D solutions, development of algorithms, and training of BEL engineers.

About BEL:
 Bharat Electronics Ltd (BEL) was established in 1954.

 It is headquartered in Bengaluru.
India and Spain agreed to collaborate on digital infrastructure, climate action, and sustainable
development
 India and Spain agreed to collaborate on digital infrastructure, climate action, and sustainable
development.
 Prime Minister Narendra Modi and his Spanish counterpart Mr. Pedro Sanchez agreed to strengthen
the growing relationship between both countries.

 Both leaders discussed many bilateral and international issues of mutual interest.
 India and Spain leaders reviewed ongoing bilateral initiatives and expressed satisfaction at the
recent high-level exchanges.
 Both leaders agreed to collaborate on issues such as digital infrastructure, climate action, clean
energy transition, and sustainable development.
About Spain:
 Capital: Madrid,
 The current currency since 2002 is the Euro.

Uttar Pradesh Sports Inks MoUs With HCL Foundation To Strengthen The Grassroots Sports
Ecosystem
 Uttar Pradesh Sports Inks MoUs With HCL Foundation To Strengthen The Grassroots Sports
Ecosystem And Infrastructure And Build High-Performance Centre.

 The sports-focused session titled “Harnessing opportunities in the sports sector in Uttar Pradesh” at
the Invest UP Summit saw MoUs being signed to strengthen the grassroots sports ecosystem of the
state and create synergies with corporates and organizations to work on the PPP model to empower
athlete training in the state.
 HCL Foundation intends to work with 5,000 underserved children and youth and persons with a
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disability to identify and nurture talent in multiple sports with the vision of mainstreaming them in the
existing sports ecosystem of India.
 The proposed project will be implemented in the Lucknow, Gautam Buddha Nagar & Hardoi districts
of Uttar Pradesh.
About HCL:
 HCL Technologies Limited is an Indian multinational information technology services and
consulting company headquartered in Noida.
 It emerged as an independent company in 1991 when HCL entered into the software services
business.
 CEO: C Vijayakumar
 Founder: Shiv Nadar

 Headquarters: Noida
India and Fiji sign MoU on visa exemption for holders of diplomatic and official passports
 India and Fiji signed a Memorandum of Understanding (MoU) on visa exemption for holders of
diplomatic and official passports.
 External Affairs Minister S Jaishankar and Fiji's Prime Minister Sitiveni Rabuka witnessed the
MoU exchange.
About Fiji:
 Capital: Suva
 Currency: Fijian Dollar
NDDB Mrida Ltd. signs agreement with Sistema.bio & unveils "Gobar Se Samriddhi" programme
 NDDB Mrida Ltd., a wholly-owned subsidiary company of National Dairy Development Board
(NDDB) signed an agreement with Sistema.bio, India’s leading biogas company, to work with
smallholder dairy farmers and provide sustainable solutions in waste-to-energy and open
avenues of generating additional income for farmers under “Gobar Se Samriddhi” programme.
About NDDB Mrida:
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 NDDB Mrida Ltd. is a wholly owned subsidiary company of National Dairy Development Board
established in 2022 having its head office at Anand.
 The company is working with the mandate of increasing farmers income from cattle manure.
Vedanta-Foxconn JV selects Dholera SIR for first semiconductor facility in India

 A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has
finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up
their semiconductor and display manufacturing facility.

 In the biggest ever corporate investment in the history of independent India, a joint venture of
Vedanta and Foxconn in September last year signed a Memorandum of Understanding (MoU)
with the Gujarat government to invest Rs 1,54,000 crore to set up the plant in the state.
India, Seychelles sign pact on information sharing in maritime security
 In order to further the existing cooperation in the realm of maritime safety and security, IFC-IOR
signed an MoU with Regional Coordination Operations Centre (RCOC), Seychelles.
 The MoU signed by Captain Rohit Bajpai, Director, IFC-IOR and Capt Sam Gontier, Director,
RCOC aims to promote collaboration between the two Centres towards enhancing maritime
domain awareness, information sharing and expertise development.

Uber signs MoU with Tata Motors to bring 25,000 EVs on platform in India
 Uber has signed a Memorandum of Understanding (MoU) with Tata Motors to bring 25,000
electric vehicles onto the platform.

 This agreement is both in alignment with India's vision to reach net zero by 2070 and Uber's
commitment to 100% zero-emission vehicle rides by 2040.
About UBER:
 Headquarters: San Francisco, California, United States
 Founders: Travis Kalanick, Garrett Camp

 Founded: March 2009, San Francisco, California, United States
 CEO: Dara Khosrowshahi
About TATA Motors:

 Founded: 1945, Mumbai
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 Headquarters: Mumbai
 Founder: J. R. D. Tata
Abu Dhabi defence firm signs MOU with India's HAL at UAE's defence expo
 At the International Defence Expo and Conference, Hindustan Aeronautics (HAL), an aerospace
company in India, and EDGE, the top defence company in the UAE, inked a Memorandum of
Understanding (IDEX).
 The agreement is linked to investigate potential areas of collaboration, such as the collaborative
development of missile systems and unmanned aerial vehicles (drones).
About UAE:
 Capital: Abu Dhabi

 Currency: United Arab Emirates Dirham
 Prime minister: Mohammed bin Rashid Al Maktoum
About HAL:
 Founder: Walchand Hirachand

 Headquarters: India
 Founded: 23 December 1940, Bengaluru
Cabinet approves Air Services Agreement between India and Guyana

 The signing of the Air Services Agreement between India and Guyana has been approved by the
Union Cabinet.
 This Agreement shall enter into force after the exchange of diplomatic notes between the Parties
that each Party has completed the necessary internal procedures for the entry into force of this
Agreement.
About Guyana:
 Capital: Georgetown
 Currency: Guyanaese Dollar

 President: Irfaan Ali
 Prime minister: Mark Phillips
BEL signs MoU with Israel Aerospace Industries for LORA Weapon System
Agreements
 Defence PSU Bharat Electronics Ltd. (BEL) has recently signed an MoU with Israel Aerospace
Industries (IAI) for the domestic manufacture and supply of its LORA Weapon System for the
Indian Tri-services.
 LORA Weapon System is a sea-to-ground and ground-to-ground system that comprises a long-
range ballistic missile, a unique launcher, a command and control system, and a ground/marine
support system.
About Israel:
 Capital: Jerusalem
 Currency: Israeli Shekel

 President: Isaac Herzog
Uttar Pradesh govt, Singapore Trade Ministry sign MoU for economic cooperation
 The Singapore Ministry of Trade and Industry has signed a Memorandum of Understanding
(MoU) for economic cooperation with the Uttar Pradesh government.
 The MoU is in addition to the deals signed at the UP Global Investors Summit.

Important Topic Wise Current Affairs - February 2023-Important MOU's & Agreements

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Important Topic Wise Current Affairs –February 2023- Important MOU’s &

energy security, stability, and sustainability.

Letter of Intent (SoI) on the occasion of the India Energy Week.

 Executive director: Fatih Birol

 It is the first and only institute in the field of forensic sciences.

₹ 3,861 crore have already been invested in the Corridor.

 Chief minister: M. K. Stalin

Cooperation Organization Supreme Audit Institutions (SCO SAI) Leaders’ meeting.

observation and geospatial data that NASA has available to share.

technology corporation headquartered in Armonk, New York.

 Founders: Herman Hollerith, Charles Ranlett Flint, Thomas J. Watson

 Founded: 16 June 1911, Endicott, New York, United States

 The country imports about half of its requirement of DAP.

 Prime minister: Aziz Akhannouch

Discharge (ESD) protection.

interfaces in advanced Integrated Circuits (ICs) and system-on-chip (SoC) products.

CMOS (Complementary Metal Oxide Semiconductor) technologies.

high speed is an integral part of the semiconductor innovation effort.

a national-level digital extension platform.

extension workers for agriculture, etc.

strengthen their agency and build community-level resilience.

computing company, to deliver cloud solutions to enterprises in India.

locally accessible for businesses and developers around the world.

 Founder: Sunil Bharti Mittal

 Founded: 7 July 1995, India

Cricket Council (ICC).

 Mr. Inder T. Jaisinghani, Chairman and Managing Director.

 Headquarters: Dubai, United Arab Emirates

 General Manager: Wasim Khan

training and preparing them for using drones on farmlands.

 The companies have agreed, through a three-year memorandum of understanding (MoU), to

promote the spraying of Syngenta-approved chemicals using the drone technology of

entrepreneurs developed by Syngenta Foundation India to partner in this project.

fungal infections such as blast and sheath blight.

support the government's goal of promoting a non-adversarial tax system.

 55 percent of India’s local gas demand is fulfilled through imports.

 APA guidelines are part of the Income Tax Act 1961.

 GAIL (India) Limited is a Maharatna Central Public Sector Enterprise.

 It was established in 1984.

About Mahindra & Mahindra Limited

 Mahindra & Mahindra Limited is an Indian multinational automotive manufacturing corporation

trading of agricultural produce.

 Samunnati is an open agri-network to unlock the trillion-dollar-plus potential of Indian agriculture

with smallholder farmers at the center of it.

 Headquartered in Chennai, Tamil Nadu.

 Anil Kumar S G, Founder & CEO, Samunnati.

Tripura in the North East.

 Patanjali Ayurved is an Indian multinational conglomerate holding company, based in Haridwar,

 Headquarters: Haridwar, Uttarakhand, India

 Capital: Kohima (Executive Branch)

 Chief minister: Neiphiu Rio

Confederation of Indian Industry (CII) to collaborate on Technical Vocational Education and

 Governor-general: David Hurley

group headquartered in New Delhi, India, founded in 1895.

 Headquarters: New Delhi, India

Ola signs MoU with T.N. to set up ‘world’s biggest’ EV hub

Krishnagiri district at a combined investment of ₹ 7,614 crore.

and Ola Electric Technologies Pvt Ltd.

at an estimated cost of ₹ 30 crore.

Rehabilitation and Improvement Project Phase II and Phase III.

Bengaluru signed an MoU.

complementary strengths and capabilities of BEL and IISc.