Cabinet approves MoU between India and Switzerland on Technical Cooperation in Rail Sector

The Union Cabinet has approved Memorandum of Understanding (MoU) signed between Ministry of Railways, and Federal Department of Environment, Transport, Energy and Communications of Swiss Confederation on Technical Cooperation in Rail Sector.  The MoU was signed in August, 2017.
The MoU will enable technical cooperation in areas such as traction rolling stock, Traction Propulsion Equipments, Freight and Passenger Cars,  EMU and train sets, Railway Electrification Equipments , Train scheduling and operation improvement, Tilting Trains, Railway Station modernization, Multimodal transport and Tunneling technology.

Background

The Union Ministry of Railways has signed various MoUs for technical cooperation in ail sector with various foreign Governments and National Railways in areas such as high-speed corridors, raising speed of existing routes, heavy haul operations, development of world-class stations and modernization of rail infrastructure etc.
The cooperation under these MoUs is achieved mainly through exchange of information on developments in areas of railways technology and operations, knowledge sharing, technical visits, training & seminars and workshops in areas of mutual interest.
These MoUs provide global platform for Indian Railways to interact and share latest developments and knowledge in railway sector. They also facilitate exchange of technical experts, technical documents and reports, training and seminars focusing on specific technology areas and other interactions for knowledge sharing.

Month: Current Affairs - October, 2017