Cabinet approves India-Armenia MoU on digital cooperation
Technology

Cabinet approves India-Armenia MoU on digital cooperation

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the signing of a Memorandum of Understanding (MoU). The MoU was between the Ministry of Electronics & Information Technology of the Republic of India and the Ministry of High-Tech Industry of the Republic of Armenia. The purpose of the MoU was to cooperate in the field of sharing successful Digital Solutions implemented at Population Scale for Digital Transformation.

The MoU aimed to promote closer cooperation and the exchange of experiences and digital technologies-based solutions (such as INDIA STACK) in the implementation of digital transformational initiatives in both countries. It was envisioned that this MoU would lead to improved collaboration, resulting in employment opportunities in the IT sector.

It was decided that the MoU would come into effect from the date of the Parties' signature and remain in force for a period of 3 years.

Both Government-to-Government (G2G) and Business-to-Business (B2B) bilateral cooperation in the field of Digital Public Infrastructure (DPI) would be enhanced. The activities outlined in this MoU would be funded through their respective administrations' regular operating allocations.

MeitY had been collaborating with several countries and multilateral agencies to foster bilateral and multilateral cooperation in the ICT domain. Over time, MeitY had entered into MoUs/MoCs/Agreements with counterpart organsations/agencies from various countries to promote cooperation and the exchange of information in the ICT domain. This was in alignment with the various initiatives undertaken by the Government of India, such as Digital India, Atmanirbhar Bharat, Make in India, etc., with the aim of transforming the country into a digitally empowered society and knowledge economy. In this evolving paradigm, there was an imminent need to explore business opportunities, share best practices, and attract investments in the digital sector with the objective of enhancing mutual cooperation.

Also read: 
E-rickshaw associations urge Inclusion in Vision 2030
Delhi-Mumbai Eway faces issues despite reduced travel time

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the signing of a Memorandum of Understanding (MoU). The MoU was between the Ministry of Electronics & Information Technology of the Republic of India and the Ministry of High-Tech Industry of the Republic of Armenia. The purpose of the MoU was to cooperate in the field of sharing successful Digital Solutions implemented at Population Scale for Digital Transformation. The MoU aimed to promote closer cooperation and the exchange of experiences and digital technologies-based solutions (such as INDIA STACK) in the implementation of digital transformational initiatives in both countries. It was envisioned that this MoU would lead to improved collaboration, resulting in employment opportunities in the IT sector. It was decided that the MoU would come into effect from the date of the Parties' signature and remain in force for a period of 3 years. Both Government-to-Government (G2G) and Business-to-Business (B2B) bilateral cooperation in the field of Digital Public Infrastructure (DPI) would be enhanced. The activities outlined in this MoU would be funded through their respective administrations' regular operating allocations. MeitY had been collaborating with several countries and multilateral agencies to foster bilateral and multilateral cooperation in the ICT domain. Over time, MeitY had entered into MoUs/MoCs/Agreements with counterpart organsations/agencies from various countries to promote cooperation and the exchange of information in the ICT domain. This was in alignment with the various initiatives undertaken by the Government of India, such as Digital India, Atmanirbhar Bharat, Make in India, etc., with the aim of transforming the country into a digitally empowered society and knowledge economy. In this evolving paradigm, there was an imminent need to explore business opportunities, share best practices, and attract investments in the digital sector with the objective of enhancing mutual cooperation. Also read:  E-rickshaw associations urge Inclusion in Vision 2030Delhi-Mumbai Eway faces issues despite reduced travel time

Next Story
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Next Story
Infrastructure Transport

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Next Story
Infrastructure Urban

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement