Cabinet approves MoU between India and Finland for cooperation in Geology, Mineral Resources

NEW DELHI, Sept 2:
The Union Cabinet on Wednesday approved Memoran-dum of Understanding for cooperation in the field of geology and mineral resources between Geological Survey of India and Geological Survey of Finland (Geologiantutkimuskeskus).
The meeting was chaired by Prime Minister Narendra Modi.
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, an official statement said.
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.
Geological Survey of India (GSI) is a premier geo-scientific organisation of the Government of India of international repute for creation and updation of national geoscientific information and mineral resource assessment.
These objectives are achieved through, ground surveys, air-borne and marine surveys, mineral prospecting and investigations, multi-disciplinary geoscientific, geo-technical, geo-environmental and natural hazards studies, glaciology, seismotectonic study, and carrying out fundamental research, it said.
Geological Survey of Finland has expertise in multi-thematic data integration and analysis using spatial platform with special emphasis on 3/4D modeling for mineral prognostication, hazard management, environmental impact assessment, and other areas of socio-economic significance and developing Decision Support System which can be used by users with minimal knowledge of GIS based modelling. (UNI)

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