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Cabinet approves Memorandum of Understanding (MoU) between India and Denmark

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Capital Market
Last Updated : Jun 07 2018 | 11:31 AM IST
The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of the Memorandum of Understanding (MoU) signed between India and Denmark on technical cooperation in the field of Sustainable and Smart Urban Development in April, 2018.

Details

The objective of this MoU is to promote bilateral cooperation in the field of sustainable and smart urban development on the basis of reciprocity and mutual benefit through exchange of knowledge, institutional cooperation, research & development and commercial relations on related issues. Areas of cooperation include smart urban solutions, liveability, sustainable and integrated urban planning, re-development and land use, integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization and other related areas mutually agreed upon.

Implementation strategy

Under this MoU, a Joint Working Group (JWG) will be set up to strategize and implement programmes on cooperation under the framework of the MoU. The Joint Working Group will meet at intervals agreed upon by the Participants, alternately in Denmark and in India.

Major Impact

The MoU will promote bilateral cooperation in the field of Sustainable and Smart Urban Development between the two countries.

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Beneficiaries

The MoU is expected to create employment in the areas of integrated solid waste management including waste to energy, sustainable transport systems, water and sanitation management, energy efficiency, resource mobilization.

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First Published: Jun 07 2018 | 10:02 AM IST

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