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Cabinet approves MoU between India and Hungary on cooperation in the field of water management

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Capital Market
The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has given its approval for signing of a Memorandum of Understanding (MoU) between India and Hungary on cooperation in the field of water management.

The MoU will be signed between Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India and the Ministry of Interior, Government of Hungary. It will enhance bilateral cooperation in the field of water management, on the basis of equality and mutual benefits. This will encourage the development of bilateral relations between public and private organizations concerning water resources of both the countries.

 

Both the countries will get benefited by joint activities and mutual exchange of scientific delegations and experts in the field of water resources development and management. The cooperation, particularly on river basin management/ integrated water resources management, efficiency in water supply and irrigation technology innovation and flood & drought management will help improve the socio-economic conditions of the people of both the countries.

Ministry of Water Resources, River Development and Ganga Rejuvenation is entering into a MoU with Hungary with wide-ranging areas on water sector for the first time.

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First Published: Oct 13 2016 | 1:39 PM IST

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