Advertisement

Nod to Indo-Australian civil N- deal

New Delhi: The Union Cabinet Wednesday put its stamp of approval on the Indo-Australian civil nuclear cooperation agreement that came into force November, as part of a slew of decisions on topics ranging from Railways to smart cities.

The civil nuclear cooperation agreement with Australia was brought into force Novem­ber 13 along with the administrative arrangement for implementing the accord. “The fuel supply arrangements with Australia will bolster energy security by supporting the expansion of nuclear power in India,” a statement said.
The deal follows similar agreements with US and France. It is a step towards India achieving international acceptability for its nuclear programme despite not ratifying the nuclear non-proliferation treaty.
India, where nuclear energy accounts for just 3 per cent of the electricity generation, will be the first country to buy Australian uranium without being a signatory to the nuclear non-proliferation treaty.
The government Wednesday also approved the signing of a Memoran­dum of Understand­ing (MoU) between the urban development ministry and Bloomberg Philanthropies with regard to smart cities.
The Cabinet meet chaired by Prime Minister Narendra Modi cleared the proposal of Bloomb­erg Philanthropies, New York, working as knowledge partner and supporting development and execution of a Cities Challenge under the Smart Cities Mission.
Bloomberg Philanthropies Government Innovation Initiat­ives equips mayors and local leaders with practical tools and approaches to solve major challenges and enable public sector innovation to flourish. As knowledge partner, Bloomberg Philan­thropies will also support the ministry in helping design and manage the cities challenge.
The Cabinet also approved the formation of joint ventu­res with states, which will enable the Centre to mobilise resources for various rail infrastructure projects.
It also gave its ex-post facto approval for signing of a MoU among BRICS countries on BRICS Network University and its nod for renewal of a MoU between India and Canada for cooperation in education.PTI

Exit mobile version