Current Affair 1:

News:

India and Nicaragua signed an umbrella agreement to implement Quick Impact Projects (QIPs).

(QIPs are designed to address local needs and improve socio-economic infrastructure).

The memorandum of understanding (MoU) aims to deliver tangible benefits to local communities in Nicaragua by focusing on key areas such as physical infrastructure—roads and community centers—as well as social infrastructure, including education, healthcare, and sanitation.

The Government of India will provide grant assistance for each QIP under this framework, ensuring immediate and visible improvements for the people of Nicaragua.

This initiative underscores India’s active role in supporting global development through partnerships tailored to the needs of local communities.

The relations between India and Nicaragua have remained warm and cooperative since the establishment of diplomatic ties in March 1983.

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