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MOU’s Signed by India in 2014 For Bank Exams – General Awareness IBPS RRB PO Clerk Exams

The Andhra Pradesh (AP) Government on 29 September 2014 signed the Memorandum of Understanding (MoU) agreement with Google India for Digital AP project. The agreement was signed at the CEOs’ Conclave of Information Technology (IT) companies in AP. Under the memorandum, Google India will work with the AP government to get women and small and medium businesses online and help them gain from the internet economy. It will launch a series of initiatives to transform the State into digital AP in a record time.

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Highlights of the Memorandum of Understanding: 

The MoU was signed in the presence of the Union Civil Aviation Minister Ashok Gajapathi Raju Pusapati and Minister of State for Development of North East Regions VK Singh.

•    Alliance Air will provide air services to Shillong, Tezpur, Lilabari, Silchar and Guwahati with ATR 42 type of aircraft till 31 March 2016.
•    North East Council will assist Alliance Air in obtaining concessions on Aviation Turbine Fuel, landing and Route Navigation Facility Charges.
•    The actual cost of operations shall be reviewed every three months based on the proposed cost.

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Digital AP Project:

The Government of Andhra Pradesh intends to develop Andhra Pradesh into a global digital development hub with its Digital AP project. The vision laid out under the Digital AP project is in tandem with the Digital India Initiative of Prime Minister Narendra Modi.

Important MoUs signed with other companies:

•    The event also marked the launch of a Technology Research and Incubation Park at Madhurawada IT Special Economic Zone (SEZ). The AP government signed MoU with Kochi-based company Start-up Village for managing the incubation park.
•    AP government also signed MoU with various IT companies for setting up their facilities in and around Visakhapatnam. These include MoU with Tech Mahindra for its facility over 10 acres of land. It is expected to provide 5000 jobs.
•    Another MoU was signed with Wipro to accord SEZ status to its existing campus in the city. The facility will increase the number of jobs to 7000.
•    Under another agreement, the government allotted 13 acres at Gambheeram IT SEZ to Society for Applied Microwave Electronics Engineering and Research (SAMEER) to set up a research and development centre.

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Important MOUs /Agreements of the year 2014:

MOU / Agreement Details Signed on
India and South Korea signed on 9 pacts. They have decided to intensify cooperation in a range of key sectors including trade, investment and defence. 16th January 2014
India and Pakistan have decided to open the Wagah-Attari border for trade 24X7 (after 16 months of gap) 18th January 2014
The interim Nuclear Deal over Teheran‘s nuclear program between Iran and the six major world powers comes into effect. 19th January 2014
India and France signed a pact to jointly build 3rd satellite for climate change studies. 23rd January 2014
India and Saudi Arabia have decided to enhance their bilateral trade and economic co-operation. Both the countries have urged the public and private sectors to build strong partnerships in different fields. 27th January 2014
The Union Ministry of Rural Development signed a memorandum of understanding (MoU) with Digital Green to exchange the relevant livelihood practices among rural communities under the National Rural Livelihood Mission (NRLM). 28th January 2014
Six state-owned companies (PSUs) have come together to set up the world’s largest single-location 4,000-MW ultra mega solar power project in Rajasthan. 29th January 2014
India and Fiji signed a Double Taxation Avoidance Agreement (DTAA) for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income. 30th January 2014
India and Germany signed on an agreement for €1 billion for greenfield projects during the visit of the German President. 4th February 2014
India and Poland have agreed to expand co-operation in the restoration and digitization of Film archives. 14th February 2014
NTPC signed a MoU with Bihar State Power Generation Company Limited and Lakhisarai Bijlee Company Private Limited (LBCPL) to develop a 1320 MW (2 X 660 MW) Thermal Power  Project at Kajra in Lakhisarai district of Bihar. 24th February 2014
India and Canada have signed three MoUs for cooperation in health sector, audio-visual co-production and skill development. 24th February 2014
India and Azerbaijan propose to constitute a joint working group in the field of hydrocarbon. 25th February 2014
Iran and Japan signed MoU on for bilateral cooperation on environmental issues at Tokyo by Masoumeh Ebtekar of Iran who is Vice-President and Head of Department of Environment of Iran

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