Home   »   India announces additional contribution of ‘$...

India announces additional contribution of ‘$ 5 million’ to ASEAN-India science and technology fund

India announces additional contribution of ‘$5 million’ to ASEAN-India science and technology fund: In order to strengthen cooperation in the areas of public health, renewable energy, and smart agriculture, India announced an additional USD 5 million contribution to the ASEAN-India science and technology fund.

What is ASEAN-India science and technology fund?

The ASEAN-India Science and Technology Collaboration was formally launched in 1996 with the formation of the ASEAN India S&T working group (AIWGST). Initially, collaborative S&T projects and activities between India and ASEAN were supported through the ASEAN India Fund (AIF), but in 2008, MEA and DST established a dedicated ASEAN India S&T Development Fund (AISTDF) with an equivalent amount of one million US dollars to support R&D projects and associated project development activities. The AISTDF was increased to the equivalent of $5 million USD by an announcement made by the Hon’ble Prime Minister of India on the sidelines of the ASEAN-India Summit in Malaysia in November 2015. The ASEAN-India Innovation Platform is a key component of the enhanced AISTDF. The ASEAN India S&T program has supported and carried out a number of scientific projects, including the following:

  • ASEAN-India S&T Digital Library
  • R&D project on Extent of Transfer of Alien Invasive Organisms (Nuisance) in South/SE Asia Region by Shipping
  • Training Course on Analysis of Chemicals and Biological Contaminants in Raw and Processed Products for ASEAN Countries
  • ASEAN-India Collaborative R&D on Thermally Sprayed Ceramic-Based Coatings
  • Training program on Quality System in Manufacturing.
  • Participation of ASEAN school children have participated in India’s National Children Science Congress (NCSC).
  • R&D project entitled “The Indian Ocean Dipole Mode, El Nino Southern Oscillation (ENSO) and Monsoon Interactions and their Socio-Economic Impacts on India-ASEAN Nations.

India announces additional contribution of '$ 5 million' to ASEAN-India science and technology fund |_3.1

What is ASEAN?

Ten Southeast Asian nations—Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam—make up this intergovernmental organisation, which is officially known as the Association of Southeast Asian Nations. It is a political and economic union that fosters intergovernmental cooperation and makes it easier for its members to integrate with other Asian nations on all fronts—economic, political, security, military, educational, and sociocultural. The main objective of ASEAN was to hasten social and cultural advancement through economic growth. Promoting regional peace and stability based on the rule of law and the UN charter’s tenets was a secondary objective.

Supreme Court, in a majority verdict, upholds constitutional validity of EWS quota Paytm Payments Bank receives RBI observations on IT report
Kerala becomes 1st State to Introduce Uniform Gold Price Based on Bank Rate SBI commits to finance 1000 entrepreneurs in Nagaland through partnership with Business Association
Govt declares census, NPR database as critical information infrastructure US Treasury removes India from its Currency Monitoring List
Test Prime For All Exams 2024