India, Israel to launch research in cyber-security, energy - The Economic Times India and Israel have agreed to launch a long-term joint programme worth USD 10 million annually to facilitate research and academic activities benefiting them in areas like renewable and sustainable energies, bio-medical sciences and cyber-security. The decision came after Minister of Human Resource Development Kapil Sibal met Israel's Minister of Finance Yuval Steinitz and others here. The two sides agreed in principle to establish a long-term programme that will bring together Indian and Israeli researchers to carry forward research in areas of mutual interests, the statement said. "Taking into account the strong desire of both countries to continue cultivating their long term economic, academic and technological ties, both governments have decided to substantially further enhance their academic cooperation by launching a joint programme that will facilitate mutually beneficial research and academic activities," it said. Israel's Minister of Education and Chairman of the Council for Higher Education Gideon Sa'ar and Israel's Chairman of the Planning and Budgeting Committee Manuel Trajtenberg were also present at the meeting as part of the 20th anniversary celebrations of full diplomatic relations. The total scope of the programme will reach USD Five Million from each side annually in steady state, over a three year period. The programme will be coordinated by the University Grants Commission (UGC) on the Indian side and the Israel Science Foundation (ISF) on the Israeli side. The particulars of the programme will be finalised in accordance with the decision taken by the joint working group on April 3, 2012 and subject to the required approvals in each country. The first call for proposals is expected to be published in December 2012. The joint working group has identified broad areas for cooperation, such as renewable and sustainable energies, bio-medical sciences, cyber-security, humanities and social sciences.