India
recently has signed a MoU with the United Kingdom to boost Urban Development
across the country. The MoU will also focus on the Urban Regeneration, which is
very much required considering the present scenario. The MoU was inked in
London by Kamal Nath, who is the Union Minister of Urban Development and Dr.
Vince Cable, who is the British Secretary of State for Business, Innovation and
Skills.
This MoU
will benefit both the countries i.e.
India and Britain. It would eventually provide a fully functional
platform for the professionals, officials and business leaders too. They can be
able to meet more frequently to share knowledge and best practices related to
the urban sector. This joined declaration would help to enlarge and enhance
cooperation, which will eventually deepen the mutual engagement between the
said two countries.
The MoU conceives an image of future
possibilities to the promotion of cooperation in the various areas of transport
planning, land economies, regeneration governance, public private partnership
financing arrangements, sustainable master planning, heritage management and
last but not the least regeneration capacity building.
Kamal Nath has also participated in a roundtable business conference,
which was organized by none other than UK India Business Council.
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