- The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved Memorandum of Understanding
- for cooperation in the field of geology and mineral resources
- Between Geological Survey of India, Ministry of Mines 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.
- 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.
- 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.
