The Union Cabinet has approved signing of Memoranda of Understanding (MoU) for Secondment Programme between India and Australia.
Under the Programme,
One officer from the Australian Treasury shall be seconded to the Department of Economic Affairs, Ministry of Finance and one officer from the IES (at Deputy Secretary/Director level) to be nominated by the IES Cadre, Department of Economic Affairs, shall be seconded to the Australian Treasury, Government of Australia, for a period of 3 months.
The proposed Programme will help to deepen the understanding of current economic policy issues in both countries and also explore further opportunities for future collaboration and engagement.