Cabinet approved MoU signed between India and Germany to enhance Railway sector

It will enhance the development of a modern, competitive railway organization, IT solutions for railway operations, marketing and sales and administrative purposes.
Akarsh Phanindra

Updated: Mar 25,2020 06:23:47 pm

Cabinet approved MoU signed between India and Germany to enhance Railway sector

25 March 2020 Current Affairs:The Union Cabinet led by the PM Narendra Modi apprised a Memorandum of Understanding (MoU) signed between Ministry of Railways, GoI and DB Engineering & Consulting GMBH of Germany. The MoU was signed for technological cooperation in the Railway Sector. The agreement was signed in February 2020.

MoU Provisions:
♦ The MoU will freight operations, passenger operations and infrastructure building and management between the countries in the railway sector.
♦ It will enhance the development of a modern, competitive railway organization, IT solutions for railway operations, marketing and sales and administrative purposes.
♦ It will also improve predictive maintenance, private train operations between the two parties.

Background:
Ministry of Railways have signed several MoUs, Memorandums of Cooperation (MoCs), Administrative Arrangements (AAs) and Joint Declarations of Intent (JDI) for technical cooperation in the rail sector with various foreign Governments and National Railways in several areas including development of world-class stations, high-speed rail, heavy haul operations and modernization of rail infrastructure, speed raising of existing routes, etc.
Free Current Affairs to Your Email

Latest Current Affairs 2020

Daily Current Affairs 2020



Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Current Affairs PDF

Current Affairs 2020 April

April 08
News Quiz
April 07
News Quiz
April 06
News Quiz
April 05
News Quiz

Current Affairs 2020 March

March 31
News Quiz
March 30
News Quiz
March 29
News Quiz
March 28
News Quiz

Current Affairs 2020 February

February 29
News Quiz
February 28
News Quiz
February 27
News Quiz
February 26
News Quiz