Page-2 of Current Affairs - August, 2017

India-Myanmar to sign MoU for conservation of quake-damaged Pagodas at Bagan

The Union Cabinet has approved the Memorandum of Understanding (MoU) between India and Myanmar for conservation of earthquake-damaged pagodas at Bagan, Myanmar. The MoU will be signed during official state visit of Prime Minister Narendra Modi to Myanmar during 6-7 September 2017. Pagodas are Buddhist temple, typically in the form of a many-tiered tower, built ..

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IIT Researchers develops bioartificial implantable pancreas

Researchers from Indian Institute of Technology (IIT) Guwahati have successfully created an implantable bioartificial pancreas model grown within 3D silk scaffold. The bioartificial pancreas encapsulates insulin-producing beta cells, capable of naturally producing insulin in sustained manner. If successful in animal and human trials, it can be used for treating people with Type 1 diabetes. Type ..

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Cabinet approves MoU between India-Brazil for cooperation in Zebu Cattle Genomics and ARTs

The Union Cabinet has apprised Memorandum of Understanding (MoU) signed between India and Brazil in October 2016 for cooperation in fields of Zebu Cattle Genomics and Assisted Reproductive Technologies (ARTs). The MoU aims to strengthen existing friendly relations between both countries and promote development of Genomics and ARTs in Cattle through joint activities to be ..

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Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017

The Union Cabinet has given its approval to the proposal of Union Finance Ministry to promulgate an ordinance to suitably amend the Goods and Services Tax (Compensation to States) Act, 2017. The approval will allow GST Council to hike the maximum rate of compensation cess levied from the current cap of 15% to 20%. The ..

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Cabinet approves MoU on India-Israel Industrial R&D and Technological Innovation Fund

The Union Cabinet approved Memorandum of Understanding (MoU) to set up US $40 million India-Israel Industrial R&D and Technological Innovation Fund (I4F). The MoU was signed in July, 2017 during Prime Minister Narendra Modi’s visit to Israel. India and Israel will make contribution of US $4 million (Rs.25 crore) each for Fund, both equivalent amount, ..

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