India, Russia team up to promote innovation and R&D

India has signed a joint declaration with Russia to promote innovation and the R&D ecosystem between the two countries.

‘The declaration was signed between the Department of Science and Technology and the Ministry of Economic Development of the Russian Federation on the sidelines of the Global R&D Summit 2017. 

National Science and Technology Entrepreneurship Development Board of the DST, will be responsible for the implementation of the joint declaration from the Indian side.  
With this collaboration, there will be an effort to promote innovation and technology entrepreneurship through the development of long-term cooperation, co-innovation and direct contacts between Russian and Indian innovation clusters.
Takeaways from above News-
  • India and Russia signed a joint collaboration to promote innovation
  • PM of Russia is Dmitry Medvedev and President is Vladimir Putin
  • Currency of Russia is Russian ruble and Capital is Moscow
  • India and Russia are the member countries of BRICS.

 If you have any other takeaways, do share with us in the comment section
Source- The Hindu

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