Australia-India Education and Skills Council meeting to be held in New Delhi (See 'Corp Brief') RM appeals for generous contributions to Armed Forces Flag Day Fund (See 'Corp Brief') The Human Impact of Raipur-Vizag Corridor (See 'Corp Brief') A&C - Court's scope of inquiry u/s 11 is limited to prima facie examination of existence of arbitration agreement while adjudication u/s 8 is to be made for both existence & validity: HC (See 'Legal Desk') HM inaugurates newly-constructed Bio-CNG and Fertilizer Plant by Banas Dairy (See 'Corp Brief') NMDC signs MoU with IIT Kanpur to strengthen Cybersecurity (See 'Corp Brief') Misc - Decision of Lokpal cannot be challenged in judicial review if there is no procedural infirmity or irregularity in manner in which either CVC or Lokpal conducted inquiry: HC (See 'Legal Desk') GeM Hosts Orientation Session for IDAS probationers on transforming public procurement (See 'Corp Brief') NHAI receives SEBI's in-irinciple approval for registration of Raajmarg Infra Investment Trust as InvIT (See 'Corp Brief') Centre okays Export Promotion Mission to Boost MSMEs & first-time Exporters (See 'Corp Brief') Govt lists steps taken to include AI-based diagnostic tools in healthcare (See 'Corp Brief') Govt reviews steps for upskilling & increase womens' participation in MSME sector (See 'Corp Brief') PM Vishwakarma Scheme - holistic support for artisans of 18 traditional trades; 23.09 Lakh beneficiaries trained (See 'Corp Brief') Govt notifies DPDP Act & Rules thereof; simplified framework for startups & data fiduciaries (See 'Corp Brief') SARFAESI - as per Sec 15 of the Act, if borrower's management is taken over by secured creditor, the management may be restored upon full repayment of debt: HC (See 'Legal Desk') Afforestation, ecological restoration - coal mining cos steps to ensure ecological balance (See 'Corp Brief') Competition Act - allegations primarily concerning contraventions of the Companies Act or Ministry of Youth Affairs and Sports directives, do not relate to anti-competitive conduct or violation of the Act: CCI (See 'Legal Desk') RBI issues guidelines for banks to provide customer services in regional languages (See 'Corp Brief') IBC - If bank has released approved payments from TRA account operated by them, then bank was monitoring these transactions during entire CIRP: IBBI (See 'Legal Desk') Govt releases Credit Assessment Model for MSMEs to enhance digitally driven loan appraisal (See 'Corp Brief') IBBI - Cannot be expected to maintain information with respect to other laws outside its purview: IBBI (See 'Legal Desk') Govt's aid measures for MSMEs - TReDS, Rs 9000 Crore infusion (See 'Corp Brief') Indian media & entertainment sector to maintain growth despite AI disruption: Secy (See 'Corp Brief') PBPT - Transactions are rightly deemed benami u/s 2(9)(D) of PBPTA, where person who provided consideration for properties was not traceable: SAFEMA Tribunal (See 'Legal Desk') Sustainable coal mining - Govt simplifies approval for geological exploration & reports (See 'Corp Brief') Benami - Benami transaction is considered not only in case of transfer of property by beneficial owner for his ultimate benefit in future, but even if such properties is held by benamidar: SAFEMA (See 'Legal Desk') IITF-2025 - FCI Pavilion showcasing modernised foodgrain management bags bronze medal (See 'Corp Brief') Copyright Act - Police have jurisdiction to register FIR u/s 33EEC of the Drugs and Cosmetics Act in conjunction with cognizable offence under Copyright Act; registration of copyright not mandatory for criminal proceedings upon infringement: HC (See 'Legal Desk') VO Chidambarnar port receives first Clinker vessel following MoU with Ambuja Cement Ltd (See 'Corp Brief') PMLA - Sweep of Sec 5(1) is not limited to accused named in criminal activity relating to scheduled offence, but shall apply equally to person who is involved in any activity connected with proceeds of crime: SAFEMA (See 'Legal Desk')

MoUs inked to strengthen Conservation and Public Awareness of Medicinal Plants

Published: Aug 05, 2025

By TIOLCorplaws News Service

NEW DELHI, AUG 05, 2025: TWO significant Memoranda of Understanding (MoUs) were signed yesterday by the National Medicinal Plants Board (NMPB), Ministry of Ayush, Government of India in the presence of Union Minister of State of Ayush (Independent Charge) and Minister of State for Ministry of Health and Family Welfare, Prataprao Jadhav, at Nirman Bhawan, New Delhi.

The first MoU was signed between the National Medicinal Plants Board (NMPB) and IshVed-Bioplants Venture, Pune, Maharashtra, and the second tripartite MoU was signed among National Medicinal Plants Board (NMPB), All India Institute of Ayurveda (AIIA) and All India Institute of Medical Sciences (AIIMS), New Delhi.

Speaking on the occasion, Union Minister Prataprao Jadhav said, "The vision of Prime Minister Narendra Modi to build a healthier and self-reliant India by 2047 guides our efforts today. I congratulate all the institutions involved in signing these important MoUs, which represent a significant milestone in conserving and promoting India's rich medicinal plant heritage. By integrating traditional knowledge with modern science, we are making meaningful progress toward realizing this ambitious vision."

The purpose behind signing of these two MoU's is:

MoU 1 between NMPB and IshVed-Bioplants Venture

To conserve and maintain the germplasm of rare, endangered and threatened (RET) medicinal plants through tissue culture methods.

This will bring better value to the stakeholders through development of tissue culture methods and their extensive cultivation and maintenance protocols to facilitate the supply of medicinal plants in the rare, endangered, and threatened (RET) category used in Ayush industry, in order to preserve and maintain the germplasm of these medicinal plants, so that. So that the supply of these medicinal plants can be made accessible. Wherein, both the parties identify common areas of cooperation to harness their respective expertise and resources for development and benefit of medicinal plant sector and the Ayush industry.

MoU 2 among NMPB, AIIA, and AIIMS

For the establishment of a national level medicinal plants garden in the premises of All India Institute of Medical Sciences, New Delhi, through the All India Institute of Ayurveda to spread public awareness about medicinal plants, sharing knowledge and expertise of all the parties.

This will develop public awareness about the medicinal plants among patients and students who come from distant areas and will also benefit the visitors in the hospital premises.

Both MoUs mark a milestone in the Ministry of Ayush's continued efforts to promote evidence-based conservation, research, and public engagement in the medicinal plants sector.

The event was graced by Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush; M. Srinivas, Director, AIIMS New Delhi; and Ankita Mishra Bundela, Joint Secretary, Ministry of Health & Family Welfare. Senior officials from the National Medicinal Plants Board (NMPB), All India Institute of Ayurveda (AIIA), AIIMS New Delhi, and the Ministry were also present on the occasion.

TIOL CORP SEARCH

TIOL GROUP WEBSITES