Cabinet approves MoU between India and Maldives
03 Jun 2021
2 Min Read
CW Team
The union cabinet has approved a Memorandum of Understanding (MoU) between the Government of India, Government of Maldives, Ministry of National Planning, Housing and Infrastructure, Ministry of Housing and Urban Affairs (MoHUA) on cooperation in the area of Sustainable Urban Development. The MoU between India and Maldives was signed in February this year.
As per the official statement, a Joint Working Group (JWG) will be formed to plan and execute programmes on cooperation under the framework of the MoU. The Joint Working Group will convene once a year, alternately in India and Maldives.
The MoU will encourage strong, deep and long-term bilateral cooperation in the realm of Sustainable Urban Development within the two countries. The MoU is anticipated to generate employment in the field of sustainable urban development including Urban Green Mobility, Urban Planning, Affordable Housing, Urban Mass Rapid Transport, Smart Cities Development, Solid Waste Management.
The MoU that came into effect on 20 February 2021 (the date of signing by the two contracting parties), will remain in power for an indefinite term.
MoU aims to promote and advance India-Maldives' technical cooperation in Sustainable Urban Development, including Urban Green Mobility, Urban Planning, Affordable Housing, Urban Mass Rapid Transport, Smart Cities Development, Solid Waste Management, and any other related field mutually accepted by contracting parties.
Also read: India signs up to boost infra projects in Maldives
Also read: UK, India announce Rs 10,000 crore trade partnership
The union cabinet has approved a Memorandum of Understanding (MoU) between the Government of India, Government of Maldives, Ministry of National Planning, Housing and Infrastructure, Ministry of Housing and Urban Affairs (MoHUA) on cooperation in the area of Sustainable Urban Development. The MoU between India and Maldives was signed in February this year.
As per the official statement, a Joint Working Group (JWG) will be formed to plan and execute programmes on cooperation under the framework of the MoU. The Joint Working Group will convene once a year, alternately in India and Maldives.
The MoU will encourage strong, deep and long-term bilateral cooperation in the realm of Sustainable Urban Development within the two countries. The MoU is anticipated to generate employment in the field of sustainable urban development including Urban Green Mobility, Urban Planning, Affordable Housing, Urban Mass Rapid Transport, Smart Cities Development, Solid Waste Management.
The MoU that came into effect on 20 February 2021 (the date of signing by the two contracting parties), will remain in power for an indefinite term.
MoU aims to promote and advance India-Maldives' technical cooperation in Sustainable Urban Development, including Urban Green Mobility, Urban Planning, Affordable Housing, Urban Mass Rapid Transport, Smart Cities Development, Solid Waste Management, and any other related field mutually accepted by contracting parties.
Image Source
Also read: India signs up to boost infra projects in Maldives
Also read: UK, India announce Rs 10,000 crore trade partnership
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
