Cabinet approves MoU between India and BRICs countries to set up BRICS Agriculture Research Platform

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Capital Market
Last Updated : Aug 04 2017 | 12:01 AM IST
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval for a Memorandum of Understanding (MoU) signed among India and various BRICs countries for establishment of the BRICS Agriculture Research Platform (BRICS-ARP).

Background:

During the 7th BRICS Summit held on 9thJuly 2015 at Ufa in Russia, Prime Minister Shri Modi proposed to establish BRICS Agriculture Research Centre which will be a gift to the entire world. The Centre will promote sustainable agricultural development and poverty alleviation through strategic cooperation in agriculture to provide food security in the BRICS member countries.

In order to further intensify cooperation among BRICS countries in agricultural research policy, science and technology, innovation and capacity building, including technologies for smallholder farming in the BRICS countries, an MoU on establishment of the Agricultural Research Platform was signed by the foreign Ministers of BRICS countries in the 8th BRICS Summit held on 16th October, 2016 at Goa.

BRICS-ARP will be the natural global platform for science-led agriculture-based sustainable development for addressing the issues of world hunger, under-nutrition, poverty and inequality, particularly between farmers' and non-farmers' income, and enhancing agricultural trade, bio-security and climate resilient agriculture.

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First Published: Aug 03 2017 | 11:41 AM IST

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