The Union Cabinet has approved Memorandum of Understanding (MoU) for cooperation in the field of geology and mineral resources between Geological Survey of India, Ministry of Mines, the Government of the Republic of India and Geological Survey of Finland (Geologiantutkimuskeskus), Ministry of Employment and the Economy, the Government of Finland.
The MoU facilitates cooperation in the field of geology, training, mineral prognostication and suitability analysis, 3/4D modeling, Seismic and other Geophysical surveys finalised with the intent of reinforcing and strengthening scientific links between the two Organisations.
This MoU aims to provide with a framework and a platform to promote and foster cooperation in the fields of geology, and mineral resources between the Participants for mutual economic, social and environmental benefit; and share experiences on geological data management and information dissemination to promote exploration and mining, in the areas of geology and mineral resources.