CURRENT AFFAIRS NEWS ON MoUS

National Small Industries Corporation is an enterprise that works to aid and promote the growth of the micro, small and medium enterprises of this country. There are different schemes that nsic focuses on to promote the brands of the different enterprises of this country. The chosen corporation completely puts more emphasis on the business development of the key enterprises. It also coincides with marketing as an important tool for the development of the business within this country.. 

Explanation on nsic

The National Small Industries Corporation is also known as the Government of India undertaking. This company was set up to fulfil the objectives of exploring and promoting the small and medium enterprises of this country. The most key factor behind nsic is its marketing expertise. The different areas that nsic focuses on include technology fairs, project export, product export and raw material financing. It also offers different technical support to the small businesses of this country. The enterprise also helps provide different approaches and supports to scale up the business operations of this country. The major things that nsic provides to the higher authorities of the business include the technical up-gradation, providing strategic approaches to enhance the profitability of their business. However, nsic has signed MoU with HDFC Bank for facilitating credit and this 

Impacts of national disaster management authorities 

The national disaster management authorities play a very crucial role in managing different types of disasters within the country. Disasters can be classified into different categories such as water and climate disasters, nuclear disasters and man-made disasters. It is also defined as the integrated process of planning, organising and implementing the prevention of different types of threats within a country. However, disaster management also works collaboratively with other countries to prevent natural disasters in this country. The Cabinet of India also approves a MoU between India and Bangladesh in the field of disasters, reliance and mitigation in 2021. It also provides a lot of benefits to both countries. The key benefits of signing MoU also include the exchange of information between the higher representatives of these countries. Recently, a MoU was signed between India and Turkmenistan in the field of disaster management. The key points of this signing include a bilateral agreement, 

Explanation on Microsoft corp

The Microsoft corp also provides Indian farmers with post-harvest management solutions to improve their performance as well as productivity across the entire farm sector value chain. The government has entered into a pact with the Union agriculture minister Narendra Singh TOmar. He has also taken some initiatives for the use of modern technology for harvesting purposes. As per the memorandum of understanding, Microsoft Corp also provides different solutions to resolve the critical issues of the harvest of this country. The Government of India has also verified the data and information of the farmers with their authentic land records. The government has also provided the solutions to create a vibrant digital ecosystem for the farmers of this country.

Conclusion

From the above discussions, it can also be concluded that the memorandum of understanding is necessary for establishing an amicable relationship among the different countries of the world. Therefore; it plays a vital role in the development of a particular country. It also reduces the levels of uncertainty, conflicts and contradictions between the two countries. On the other hand, it also helps the different parties to achieve their goals as well as objectives very easily. The Microsoft crop also helps to provide different solutions to the Government of India. MoU also completely puts emphasis on collaborative approaches and cooperation to enhance the development of the small, medium and micro businesses of this country.