The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of a Memorandum of Understanding signed between the Indian Council of Medical Research (ICMR) and Foundation for Innovative New Diagnostics (FIND), Switzerland to strengthen the relation within the framework of the international scientific and technological collaboration and to promote cooperation in fields of mutual interest. The MoU has been signed in February 2021 by India.
Benefits
This MoU will further strengthen relations between India and the Switzerland within the framework of inter-national scientific and technological co-operation in fields of mutual-interest.
Financial implications
ICMR is committed to make available funding up to USD 100,000 while FIND will make available funds up to USD 400,000 to local partners and researchers identified through Request for proposal (RFP).
Background
ICMR promotes biomedical research in the country through intramural and extramural research. FIND is an independent non-profit organisation created under Section 8 of the (Indian) Companies Act, 2013.
(PIB)