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.