New Delhi, Nov 11 (IANS) India and Britain Thursday agreed to collaborate on development of scientific knowledge that will increase food security and alleviate poverty, officials said.
A financial initiative, Food security: Sustainable crop production research for international development, was signed by the officials of the science and technology ministries from both the countries.
The initiative is expected to forge global partnerships between scientists in Britain, India and other developing countries to leverage high quality biological and biotechnological research for sustainable crop production in south Asia and Africa.
The total value of the initiative is estimated to be Rs.143 crore (around $32 million)over a period of five years, officials said.
This fund will be used to support the development of scientific knowledge and the building of sustainable research capacity that will benefit emerging economies and the developing world.