Cabinet approves establishment of WHO Global Centre for Traditional Medicine in India
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi on 9 March approved the establishment of the WHO Global Centre for Traditional Medicine (WHO GCTM) in Jamnagar, Gujarat by signing a Host Country agreement between the Government of India and the World Health Organization (WHO). The WHO GCTM will be established in Jamnagar under the Ministry of AYUSH. This would be the first and only global outposted Centre (office) for traditional medicine across the globe.
• to position AYUSH systems across the globe
• to provide leadership on global health matters pertaining to traditional medicine.
• To ensure quality, safety and efficacy, accessibility and rational use of traditional medicine.
• To develop norms, standards, and guidelines in relevant technical areas, tools and methodologies, for collecting data undertaking analytics, and assess impact.
Cabinet approves MoU between Indian Council of Medical Research and Oxford University, UK
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Understanding (MoU) signed between the Indian Council of Medical Research (ICMR) and the Oxford University, the UK in November 2021 and in accordance with Rule 7(d)(i) of the Second Schedule of the Government of India (Transaction of Business) rules 1961.
The Objectives under the MoU are Capacity building for Indian scientists and researchers, Collection of data compliant with international standards and regulatory requirements, Development of India towards becoming a regional hub for capacity development using its own funds and following the principles of equity and sovereignty, jointly raise and pool funds with time-bound hosting of IDDO secretariat towards achieving the outcomes at ICMR, and building partnership in and beyond data and skill-sharing with equity and transparency.
Both the parties have agreed to exchange and share ideas on three vector-borne diseases in the elimination phase (malaria, visceral leishmaniasis, filariasis) & emerging infections, Support and develop best practices for data management, data documentation, data sharing and the development of equitable governance frameworks.
Cabinet approves setting up of National Land Monetization Corporation
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi on March 9 approved the setting up National Land Monetization Corporation (NLMC) as a wholly owned Government of India company with an initial authorized share capital of Rs 5000 crore and paid-up share capital of Rs 150 crore. NLMC will undertake monetization of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other Government agencies. The proposal is in pursuance of the Budget Announcement for 2021-22.
With monetization of non-core assets, Government would be able to generate substantial revenues by monetizing unused and under-used assets. At present, CPSEs hold considerable surplus, unused and under used non-core assets in the nature of land and buildings. For CPSEs undergoing strategic disinvestment or closure, monetization of these surplus land and non-core assets is important to unlock their value. NLMC will support and undertake monetization of these assets. This will also enable productive utilization of these under-utilized assets to trigger private sector investments, new economic activities boost local economy and generate financial resources for economic and social infrastructure.