Cabinet approves several MoUs with US

Image
IANS New Delhi
Last Updated : Sep 24 2014 | 10:20 PM IST

Ahead of Prime Minister Narendra Modi's visit to the US, the union cabinet Wednesday approved a number of agreements between the two countries.

Law Minister Ravi Shankar Prasad said that in a meeting chaired by the prime minister, the cabinet agreed on India participating in the construction of a 30-metre telescope being built by the US in Hawaii.

The telescope will be constructed at a cost of $1.47 billion by an international consortium consisting of institutions from the US, Canada, Japan, India and China.

India has earmarked Rs.1,299.8 crore for it.

Another MoU between the two nations pertains to cooperation in "gas hydrates".

"This is for cooperation in exploring natural gas in marine sediments," Prasad said.

The US Department of Energy (USDoE) in the field of gas hydrates, will facilitate active participation of the National Gas Hydrate Programme (NGHP) and DoE scientists in data collection, analysis and identification of sites for pilot production testing.

On a number of initiatives announced on education, the cabinet gave its approval for signing a joint declaration between India's human resource development (HRD) ministry and the National Science Foundation (NSF) of the US, to initiate a new programme titled Global Initiative of Academic Networks (GIAN) in Higher Education.

Another agreement will be for cooperation and support to the Indian Institutes of Technology (IITs).

Yet another one will be on a programme for partnership for "active learning for young aspiring minds".

"It will be an online education programme, and will be later integrated with national mission for education," Prasad said.

This Indo-US Partnership for Online Education (IUPOE) programme will comprise a mechanism that will enable the top universities of the US (top 100 in global rankings) to create and share postgraduate online courses (and associated assets) on the Indian "SWAYAM" platform.

SWAYAM is an online platform of the HRD ministry through which online programmes will be offered to students in India.

A deal to enhance cooperation on energy security, clean energy and climate change was also approved.

"These MoUs are a symbol of the growing cooperation between India and the US. It also symbolises the excitement in the US over the visit of Prime Minister Narendra Modi," the minister said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 24 2014 | 10:16 PM IST

Next Story