Wednesday, 6 June 2018

Cabinet approves Agreement between India and France on technical cooperation in the field of Sustainable Urban Development

The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of the Agreement signed between India and France in the field of Sustainable Urban Development in March, 2018. The Agreement shall remain in force for a period of five years.

Details

The objectives of the Agreement is to promote technical cooperation in the areas of smart cities development, development of urban mass transportation systems, urban settlements and utilities (water supply and sewerage systems), disposal and treatment of solid waste, landfill remediation, management of non-revenue water, water reuse & recycle, technology transfer, conservation of fresh water by artificial recharge of aquifer, circular economy, mass housing, green housing, urban planning, heritage, human resource development, capacity building and other related areas as mutually agreed by the Contracting Parties.

Implementation strategy

Under this Agreement, a Joint Working Group (JWG) will be set up to strategize and implement programmes on cooperation under the framework of the Agreement. The Joint Working Group shall meet once in a year, alternately in India and France.

Major Impact

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

Beneficiaries

The Agreement is expected to create employment in the areas of smart cities development, urban mass transportation systems, urban settlements and utilities (Water supply and sewerage systems), disposal and treatment of solid waste, landfill remediation, affordable housing, waste management, urban environment and heritage preservation.

Courtesy: pib.nic.in

No comments:

GST leads to Formalization of Economy and Widening of Tax Base

Historic tax reform, the Goods and Service Tax (GST), has resulted in formalization of economy and consequently information flow would even...