April 23, 2024
  • Union Cabinet approved Memorandum of Cooperation (MoC) on Sustainable Urban Development between India and Japan by suspending the existing MoU of 2007 on Urban Development.
  • To implement and strategize programmes on cooperation under MoC, a Joint Working Group (JWG) will be constituted. JWG will meet once in a year in Japan as well as in India, alternately. Cooperation under MoC will continue for a period of 5 years, which can be auto-renewed for 5 years at a time.
  • Significance of the MoC: It will promote strong, deep and long-term bilateral cooperation with respect to Sustainable Urban Development between India and Japan. It is expected to create employment opportunities in listed areas of sustainable urban development including Urban Planning, affordable housing, rental housing, Smart Cities Development, Urban Flood Management, water management, Sewerage & Waste Water Management etc.
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