CURRENT AFFAIRS

Detailed explanation-1: -The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, was apprised of a Memorandum of Understanding (MoU) signed between India and Denmark on cooperation in the field of Water Resources Development and Management.

Detailed explanation-2: -A Treaty has been signed with Nepal in the year 1996, viz. Mahakali Treaty concerning Integrated Development of the Mahakali River (known as river ‘Sarda’ in India), including Sarda Barrage, Tanakpur Barrage and Pancheshwar Project.

Detailed explanation-3: -A new chapter in the Indo-Bangladesh relations opened up with signing of a Treaty by the Prime Ministers of India and Bangladesh on 12th December 1996 (Link below) on the sharing of Ganga/Ganges waters. The Treaty shall remain in force for a period of thirty years to be renewable by mutual consent.

Detailed explanation-4: -The Kosi project is an international project and a joint venture of India and Nepal. Under this project, a dam is built across River Kosi near Hanuman Nagar in Nepal.

Detailed explanation-5: -Bilateral Trade and Investment The first Trade Agreement between India and Bangladesh was signed in 1972. The India-Bangladesh Trade Agreement was last renewed in PM’s visit in June 2015 for a period of 5 years with a provision for auto renewal.