Indian Economy News

Cabinet approves a MoU signed between India and the Swiss Confederation for cooperation in skill development

New Delhi: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post-facto approval for a Memorandum of Understanding (MoU) signed between India and the State Secretariat for Education, Research and Innovation of the Swiss Confederation for cooperation in skill development. The MoU was signed on 22.6.2016 during the visit of a delegation led by the Minister of State (Independent Charge) for Skill Development and Entrepreneurship to Switzerland from 20th – 22nd June, 2016. 

The MoU broadly focuses on capacity building and exchange of best practices in the area of skill development. The MoU envisions the establishment of Joint Working Group (JWG) to create, monitor and review the implementation framework for the MoU. The MoU will establish a framework for bilateral cooperation between the two countries in the area of skill development and will formalise and deepen this partnership. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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