In a significant development, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday announced the signing of a Memorandum of Understanding (MoU) between India and the United States Agency for International Development/India (USAID/India) on June 14. The focus of this collaboration is to support Indian Railways in achieving its ambitious Mission of Net Zero Carbon Emission by 2030.
What does the MoU entail?
The MoU serves as a platform for fostering interaction and knowledge-sharing between Indian Railways and USAID/India in the railway sector. It is designed to facilitate utility modernization, advance energy solutions and systems, promote regional energy and market integration, encourage private sector participation and engagement,
