Cabinet approves MoU between India and Germany in Railway sector

The Union Cabinet has apprised of a Memorandum of Understanding (MoU) signed between Ministry of Railways, Government of India with DB Engineering & Consulting GMBH of Germany for technological cooperation in Railway Sector. The MoU was signed in February, 2020.

Daily Current Affairs Quiz 2020

This Memorandum of Understanding (MoU) for technological cooperation in Railway Sector will enable cooperation in the following areas:

• Freight operations (including cross-border transport, automotive transport and logistics,)
• Passenger operations (including high-speed and cross-border traffic),
• Infrastructure building and management (including dedicated freight corridors and development of passenger stations),
• Development of a modern, competitive railway organization (including the improvement of organizational structures and railway reformation).