Australia will provide over $11 million to Indian students under the Maitri Scholars Program
Australian Foreign Minister Marise Payne recently announced
the ‘Maitri’ Scholars Program. It will provide over USD 11 million for four
years to support Indian students to study in Australia’s top-notch
universities. To encourage the education and cultural ties between Australia
and India, the Australian Foreign Minister also announced a series of new
initiatives.
The initiatives are called the ‘Maitri’, meaning friendship
initiatives,” as she said. As per Payne, “The Maitri Fellowships
Program will provide USD 3.5 million over four years to build links between
future leaders, will support mid-career Australian and Indian professionals to
collaborate on strategic research initiatives.”
She explained that Australia would also provide over USD 6
million over four years for the Maitri cultural partnerships to strengthen
cultural exchanges and the creative industries in both countries. Along with
External Affairs Minister S Jaishankar, she spoke at the press conference that
the relationship between Australia and India has deep connections in trade and
investment.
In this press conference, alongside External Affairs
Minister S Jaishankar, Payne spoke that Australia and India have deep
connections in trade and investment.
“And as we stand here in Melbourne, Minister for Trade,
Tourism and Investment Dan Tehan is returning from India after a round of
negotiations for the Comprehensive Economic Cooperation Agreement (CECA).”
According to Payne, the CECA will unlock new trade and
investment opportunities, particularly as both economies begin to recover from
the impact of COVID-19.
She explained that the Maitri program is a strong positive
for the Australian education sector, which is recovering from the economic
impacts of COVID 19.
Payne highlighted the Memorandum of Understanding (MOU)
signed between both countries on Friday in New Delhi.
“(Australian Commerce) Minister Dan Tehan was able to
sign a memorandum of understanding on tourism with his ministerial counterpart
just recently in New Delhi. Under the MOU, Australia and India will work
together to promote travel between the two markets and advance cooperation on
tourism policy data sharing training and industry engagement,” she said.
In addition, Payne announced the establishment of the
Australia-India infrastructure forum, which will pair Australian finance with
India’s enormous infrastructure opportunities. She explained that the nation
would use this initiative to host workshops and generate analysis that would
drive results for businesses.
Canam always tries to keep you updated with the important
news and guides you to fulfil your study abroad dreams with ease. We would love
to assist any student who wishes to study in Australia and feels the right
guidance and help can make it easier for them to achieve this dream. Please
contact our nearest Canam Consultant office or call 1800 137 8055, and one of
our expert advisors will be happy to assist you.
The post Australia will provide over $11 million to Indian students under the Maitri Scholars Program appeared first on Study Abroad Resources – Blogs | Canam Consultants.