DST concludes an MOU with FASIE to promote Indo-Russian R&D cooperation
(The Stellar News ) An MOU on the India-Russia unified technology assessment and accelerated commercialization programme was concluded in Moscow yesterday, by the Secretary, Department of Science & Technology (DST) Professor Ashutosh Sharma and Director General, Foundation for Assistance to Small Innovative Enterprises (FASIE), Russia Dr. Sergey Polyakov. Science and Technology cooperation between India and the Russian Federation has been one of the important pillars of the long-standing and time-tested bilateral relationship. India and Russia are celebrating the 70th year of establishment of diplomatic relations between two countries. Department of Science & Technology, New Delhi and Russian Foundation for Basic Research, Moscow are also celebrating the 10th year of their partnership. In last ten years, DST and RFBR have jointly supported 254 research projects out of 870 project proposals received. The rigour of the programme is reflected by an average success rate of about 25%.
New Elements Added
Last year a new element of inter-disciplinary research was added to the programme. Against the maiden call, 52 proposals were received out of which 17 were selected for joint implementation. This will further unfold new opportunities in the bilateral cooperation.
The MOU aims at facilitating support enterprises to improve their global competitiveness through international cooperation, innovative activities and technology transfer. The two agencies (DST and FASIE) will link the Indian and Russian organisations and institutions to develop user-friendly and easy mechanisms for assisting companies and research entities to jointly develop technology collaboration and joint projects.
The meeting concluded with an Addendum to the Agreement between DST and RSF on coordinated competition for conducting collaborating research.
News Courtesy: Press Information Bureau
