HLC on banking to align financial sector growth to Viksit Bharat (See 'Corp Brief') Infra Risk Guarantee Fund to instil confidence in private developers (See 'Corp Brief') Shares buyback to be taxed as capital gains for all categories of shareholders (See 'Corp Brief') IIFT achieves 1st Position in Times B-School Ranking 2026 (See 'Corp Brief') Centre to enable States to establish regional medical hubs for tourism (See 'Corp Brief') Budget lays emphasis on scaling up manufacturing in 7 strategic sectors (See 'Corp Brief') Competition Act - intervention of CCI not warranted where allegations contained in Information are vague, sweeping & unsupported by material particulars necessary to establish contravention of Sections 3 or 4 of the Act: CCI (See 'Legal Desk') Interest accrued on motor accident compensation will no longer attract TDS (See 'Corp Brief') FM proposes uniform MAT Treatment for non-resident opting for Presumptive Tax (See 'Corp Brief') Tax certainty for non-resident individuals (See 'Corp Brief') Govt. revised criteria for Inter-Group loan exclusion from 'Dividend' definition (See 'Corp Brief') FDI Limit in Insurance Sector raised to 100%, subject to full domestic investment of premiums (See 'Corp Brief') Govt to facilitate ICAI, ICSI, ICMAI to run short-term know-how courses for youth (See 'Corp Brief') Government to set up 'BharatTradeNet' as Unified Digital Platform for international trade (See 'Corp Brief') Sovereign Gold Bond Capital Gains exemption to apply only to original holders at maturity (See 'Corp Brief') CSIR-NIO's Vizag Centre to play key role in offshore energy: MoS (See 'Corp Brief') FEMA - Statement recorded u/s 37 of FEMA did not amount to confession of criminal offence: HC (See 'Legal Desk') International Olympic Academy Director impressed by India's vision for sports (See 'Corp Brief') WB ranks India among top 5 in terms of private investment in infra (See 'Corp Brief') SEBI - In absence of explicit permission/exemption with respect to RFQ requirements, Noticee should have suspended its services if it was not feasible to engage large amounts of funds into working capital: SEBI (See 'Legal Desk') Survey: India should focus on application-based AI tools (See 'Corp Brief') IBC - NCLT can't decide title disputes over assets, including IPRs such as trademarks, unless they have direct & proximate nexus with insolvency resolution process: SC (See 'Legal Desk') UNCTAD ranks India as leading economy in trade partner diversification (See 'Corp Brief') The Securities Markets Code, 2025: Strengthened Enforcement, Weakened Accountability? (See 'CORP EINSICHT')

MoS hails Indo-German 2+2 University and Industry Collaboration

Published: Apr 14, 2025

By TIOLCorplaws News Service

NEW DELHI, APR 14, 2025: IN a significant diplomatic and scientific engagement, Minister-President of the German State of Bavaria, Markus Söder called on Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, and reiterated strong collaboration between the two nations.

One to one bilateral between the two leaders, was followed by high-level delegation level meeting led by the two Ministers

Welcoming the high-level German delegation, Dr. Jitendra Singh emphasized the long-standing Indo-German cooperation in Science, Technology and Innovation (STI), underlining the potential for bilateral cooperation in priority areas including Artificial Intelligence, Quantum Technologies, Biotechnology, Clean Energy, Electric Mobility, Cyber-Physical Systems, and Green Hydrogen.

"India has embarked on mission-mode programs under the visionary leadership of Prime Minister Shri Narendra Modi. We seek economic and sustainable solutions through scientific and technological interventions, and Germany is a natural partner in this endeavor," stated Dr. Jitendra Singh.

Dr. Jitendra Singh applauded the Indo-German 2+2 collaboration model involving joint efforts between academia and industry from both countries, calling it a landmark step toward creating future-ready, innovation-driven ecosystems. "The 2+2 collaboration is a futuristic model. It brings together universities and industries from both countries to solve global challenges through innovation, co-development, and commercialization," Dr. Jitendra Singh said.

Dr. Jitendra Singh recalled the Golden Jubilee of Indo-German S&T Partnership celebrated last year, adding that the recent Indo-German S&T Governing Body Meeting in Germany further reinforced the commitment to deepen scientific engagement. He highlighted the shared cultural and intellectual legacy between the two nations, mentioning Max Mueller's pioneering translation of the Upanishads and the Rigveda, which laid the foundation for Indo-European scholarly ties.

Dr. Jitendra Singh spotlighted India's remarkable progress in the biotech sector, boasting over 3000 startups and leading globally as the largest vaccine manufacturer. He noted the significance of the recently approved BIOe3 policy, which focuses on Energy, Economy, and Employment to drive the next wave of biotech innovation.

Dr. Jitendra Singh outlined India's emergence as a biotech powerhouse with over 3000 startups and the recent launch of the BIOe3 policy, aimed at driving Energy, Economy, and Employment through biotech innovation.

The Science and Technology Minister states that India's Space-Tech and Nuclear sectors, now open to private players, offer tremendous collaborative opportunities. He further stated that India ranks 3rd globally in startups and unicorns, making it a vibrant destination for tech partnerships.

"India's academic outreach to Germany continues to deepen, with over 50,000 Indian students enrolled in German universities-mostly in STEM disciplines-a number that has tripled in the last seven years", says Dr. Singh

Dr. Jitendra Singh called for a reciprocal increase in German students studying in India, particularly in the areas of Oriental Studies, Indian Culture, and Traditional Knowledge Systems.

"Germany has emerged as a favoured academic destination for Indian youth. Now we hope to see more German students exploring India's intellectual heritage and scientific capabilities," he said.

Dr. Jitendra Singh fondly recalled his recent visit to Berlin, observing the growing popularity of Indian cuisine and culture, with locals enthusiastically embracing Indian flavours in more than a dozen Indian food outlets.

The German side was represented by Dr. Markus Söder, along with Dr. Philipp Ackermann, German Ambassador to India, and other senior delegates. From the Indian side, Dr. Abhay Karandikar, Secretary, Department of Science and Technology (DST); Dr. Praveen Somasundaram, Head of International Cooperation, and Dr. Alka Sharma, Senior Advisor,Department of Biotechnology, also participated in the deliberations.

TIOL CORP SEARCH

TIOL GROUP WEBSITES