India and France have signed an implementation agreement on ‘Mobilise Your City’ (MYC) in the presence of Minister of State (I/C), Ministry of Housing & Urban Affairs (MoHUA) Hardeep Singh Puri and Alexander Ziegler, Ambassador of France in India.
Mobilise Your City (MYC) is part of an international initiative which is supported by the French and the German Governments and was launched at 21st Conference of Parties (COP21) meeting. Based on a proposal made by AFD in 2015, the European Union has agreed to provide funds of Euro 3.5 million through the AFD to contribute to specific investments and technical assistance components within the Mobilise Your City (MYC) programme in India.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- France Capital: Paris, Currency: Euro, CFP franc, President: Emmanuel Macron.