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Union Cabinet okays MoU between India and Germany in railways sector

Thursday, 26 Mar 2020
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The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a memorandum of understanding (MoU) signed between the Union Ministry of Railways, with DB Engineering & Consulting of Germany for technological cooperation in the railways sector. 
 
The MoU was signed in February 2020.
 
The MoU for technological cooperation will enable cooperation in the following areas such as 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).
 
The MoU will also enable development of a modern, competitive railway organisation (including improvement of organisational structures and railway reformation), IT   solutions   for   railway operations, marketing and sales as well as administrative purposes, predictive maintenance, private train operations, and any other area which may be mutually agreed in writing between the two parties.
 
The Union Ministry of Railways has signed MoUs/memorandums of cooperation (MoCs)/ administrative arrangements (AAs)/ joint declarations of intent (JDIs) for technical cooperation in the rail sector with various foreign governments and national railways in respect of identified areas of cooperation, which include high- speed rail, speed raising of existing routes, development of world-class stations, heavy haul operations and modernization of rail infrastructure etc.

 

 
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