MoU signed between ministries for TMIR

The MoR, the Ministry of Human Resource Development (MHRD) and the Department of Science and Technology (DST) (Ministry of Science and Technology) have signed an MoU to jointly fund the Technology Mission for Indian Railways (TMIR). The funding component of the MoR is 30 per cent, while that of the MHRD and the DST are 25 per cent each. As per the MoU, the MHRD and DST have agreed to fund TMIR projects to the tune of Rs 750 million each. The technology mission will take up research and development projects in the areas of heavy haul, safety, energy, environment and urban railways, and these will be implemented through a mission implementation and coordination committee with members from the three ministries, academia and industry.