India and Bangladesh Contract: Bangladesh recently signed an agreement to purchase 420 broad-gauge railway wagons from India.

Key Highlights:

• The agreement was signed in Dhaka on Sunday between the project director of Bangladesh railways Mizanur Rahman and the Hindustan Engineering and Industries Limited.
• The agreement is worth Tk. 231 crore.
• It will be implemented within 27 months of the signing of the contract.
• This project is being implemented with the joint funding of the Government of Bangladesh and Asian Development Bank (ADB) under the Rolling Stock Operation Improvement Project.

About the broad-gauge railway wagons:

• The broad-gauge railway wagons are high speed bogies.
• They have automatic air brake systems so that the general and specialised products like various food grains, fertilizers, stones, wood etc. can reach the destination safely at low cost and in less time.
• The wagons are equipped with a stainless steel body.

About Bangladesh:

• It is a country which is bordered by the Indian states of West Bengal to the west and north, Assam to the north, Meghalaya to the north and northeast, and Tripura and Mizoram to the east.
• To the southeast, it shares a boundary with Myanmar (Burma).
• The southern part of Bangladesh opens into the Bay of Bengal.
• Its Capital is Dhaka.
• The currency used her is Bangladeshi Taka.
• The Prime Minister of Bangladesh is Sheikh Hasina.