- Experts from India and Israel deliberated on widening the scope of India-Israel Industrial R&D and Technological Innovation Fund (I4F) at its 8th Governing Body meeting.
- They approved 3 joint R&D projects worth 5.5 million $ and suggested measures to create a broader India-Israel collaborative ecosystem.
- The governing body ratified the Minutes of Seventh Governing Board Meeting, which was followed by approval to 3 joint R&D projects with an overall budget of 5.4 million $.
- The projects were ‘Centrally Monitored IoT Nanosensors for Molecular Diagnostics in Healthcare and Screening Applications’, ‘NoMoreMos– a mosquito control biological solution’ and ‘IoT enabled satellite communication for real-time collection of agriculture and environment data across India’.
- I4F is aimed to promote, facilitate and support joint industrial R&D between India & Israel, which would lead to the co-development and commercialization of innovative technologies benefiting both countries.
GS TIMES UPSC PRELIMS & MAINS CURRENT AFFAIRS BASED BASICS DAILY ONLINE TEST CLICK HERE
CLICK HERE DAILY CURRENT AFFAIRS QUIZ FOR STATE CIVIL SERVICES
