New Delhi, May 5 -- The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi gives ex-post facto approval to the signing of Memorandum of Understanding (MoU) between the Ministry of External Affairs of the Government of Republic of India and Foreign, Commonwealth and Development Office (FCDO) of the United Kingdom on Global Innovation Partnership (GIP).

Objectives:

Through this MoU, India and UK agree to launch the Global Innovation Partnership. GIP 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 se...