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Cabinet approves India-UK MoU

Migration and Mobility TIE-UP

 

Cabinet approves India-UK MoU

 

Also greenlights MoU on global innovation tie-up

The MoU is aimed at liberalising the issuance of visasin.focus

Our BureauNew Delhi, May 5 The Union Cabinet has approved the signing of a Memorandum of Understanding (MoU) on Migration and Mobility Partnership between India and the UK.

The MoU is aimed at liberalising issuance of visas promoting mobility of students, researchers and skilled professionals and strengthen co-operation on issues related to irregular migration and human trafficking between the two sides, an official release said.

“The MoU would benefit Indian students, academics, and researchers, migrants for professional and economic reasons and those willing to contribute through various projects to the economic development of both countries without consideration of caste, creed, religion or gender. This MoU can support the innovation ecosystem in both countries by facilitating free flow of talent,” it said.

Ex-post facto approval

The Ministry of External Affairs would closely monitor the effective implementation of the MoU through Joint Working Group mechanism, the release added.

Meanwhile, the Union Cabinet also gave its ex-post facto approval to the signing of Memorandum of Understanding (MoU) between India and the United Kingdom on Global Innovation Partnership (GIP).

A new India-UK ‘Global Innovation Partnership’ was announced on Tuesday at the virtual summit for transfer of inclusive Indian innovations to select developing countries, starting with Africa. Both sides agreed to enhance co-operation on new and emerging technologies, including digital and ICT products, and work on supply chain resilience.

Through this MoU, India and UK have agreed to launch the GIP, which will support Indian innovators to scale up their innovations in third countries thereby helping them explore new markets and become self sustainable. It will also foster the innovative ecosystem in India. “GIP innovations will focus on Sustainable Development Goals (SDG) related sectors thereby assisting recipient countries achieve their SDGs,” another official release said.

Through seed funding, grants, investments and technical assistance, the partnership will support Indian entrepreneurs and innovators to test, scale up and take their innovative development solutions to select developing countries.

“GIP will also develop an open and inclusive e-market place (E-BAAZAR) for cross border innovation transfer and will focus on results based impact assessment thereby promoting transparency and accountability,” release added.

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