The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between Atal Innovation Mission, India and Fund "Talent and Success", Russia for promotion of science & technology, strong foundation to the collaborative work through exchange of students, teachers, researchers and scientists between both countries. The MoU was signed on October 5, 2018.

Benefits:

The MoU will facilitate promotion of science & technology, strong foundation to the collaborative work through exchange of students, teachers, researchers and scientists between India and Russia.

Major Impact:

The MOU will provide a mechanism in taking part in establishing relationships with-schools, universities, cultural institutions, science & technology and specialized education institutions, high-tech companies, startups and innovation centers in both countries. The activities are expected to promote creation of new scientific knowledge, generation of intellectual property, innovations and products development in both countries.

Background:

Prime Minister during his visit to Russia during 23-24th December, 2015 visited Sirius Educational Centre in Sochi wherein, it was proposed to invite the Russian students to India to work with Indian students. As a prelude to the recent visit of President of Russian Federation, Mr. Viadimir Putin in the first week of October 2018, ten Russian students visited India to work with ten Indian students from five Atal Tinkering Lab schools in an Innovation Boot Camp at IIT, Delhi during October 1-4, 2018. The students worked on innovative concepts for exploring development of new prototypes in five sectors; healthcare, space technology, clean technology, agri-technology and smart mobility. The prototypes developed were exhibited by the young student innovators before  Prime Minister of India Shri Narendra Modi and  President of Russian Federation, Mr. Vladimir Putin and on 5th October, 2018.

Through this MoU, it is proposed to continue the collaborative work between Atal Innovation Mission (AIM), India and Fund "Talent and Success", Russia.

International MoU on science and technology collaboration enables student, researcher and institutional exchanges to foster joint innovation. A Memorandum of Understanding between Atal Innovation Mission, India and Fund 'Talent and Success', Russia establishes a framework for bilateral cooperation in science and technology through sustained exchanges of students, teachers, researchers and scientists, mechanisms for institutional linkages among schools, universities, specialized institutions, high tech companies, startups and innovation centres, and promotion of joint research, prototype development and generation of intellectual property.