As the India-Russia Summit takes place, a Memorandum of Cooperation (MoC) has been signed between the Ministry of Railways and Russian Railways, reported Economic Times. It has been signed in order to proceed with the activities that were earlier planned as part of the Memorandum of Understanding (MoU) between the two countries in December 2015.
The MoU speaks of a fast-track upgrade of projects in the Nagpur-Secunderabad section. Establishment of a single traffic control centre to manage mixed traffic at the local level, better practices in freight cargo operations, exchange of technologies and development of multi-modal terminals are the other things mentioned in the MoU.
Apart from the aforementioned, it includes training and advanced qualification improvement for employees of Indian Railways. This will be carried out by Russian railway-related establishments of higher education. The MoC was signed by Indian Railway Board Chairman Ashwani Lohani and Oleg Belozerov, CEO and Chairman of Russian Railways. Read more
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