<h1>India and Australia Approve Officer Exchange Program to Boost Economic Policy Collaboration for Three Months.</h1> The Union Cabinet of India has approved the signing of Memoranda of Understanding for a Secondment Programme with Australia, involving the exchange of officers between the Department of Economic Affairs (Indian Economic Service Cadre) and the Australian Treasury for three months. This initiative aims to enhance bilateral relations, deepen understanding of economic policy issues, and explore future collaboration opportunities. The programme will offer valuable development opportunities for the officers involved, exposing them to global best practices. The MoUs will not be extendable beyond the initial three-month period but may be repeated in future years with mutual agreement.