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

Date: 2020-03-26 15:41:32

  • 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.

    ♦ 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.

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