"The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval to the Revised Memorandum of Understanding (MoU) and Mode of Operation (MoO) between India and Bangladesh for establishing Border Haats on India-Bangladesh border," an official statement said.
According to the statement, border haats aim at promoting the well-being of the people dwelling in remote areas across the borders of two countries by promoting traditional system of marketing the local produce through local markets.
These measures help improve economic well-being of marginalised sections of society, it added.
Currently, four border haats are operational, two each in Meghalaya and Tripura.
Subsequently, an Addendum to Mode of operation of Border Haats was also signed on May 15, 2012.
The Revised MoU and Mode of Operation will provide a legal framework for establishment and operationalisation of additional border haats, it added.
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