India and Italy have agreed to explore development of green hydrogen, setting up renewable energy corridors, and joint projects in the natural gas sector as the two nations sought to strengthen partnership in energy transition. They agreed to "initiate a dialogue to support the development and deployment of green hydrogen and related technologies in India" as well as to "consider working together to support a large size green corridor project in India to capitalize on India's target to produce and integrate 450 GW of renewable energy by 2030.

After an eight-year hiatus, India, and the European Union (EU) are set to resume negotiations for a Bilateral Trade and Investment Agreement (BTIA) by December, according to a government official. Another official termed the India-EU connectivity partnership, announced in May, as a “counterfoil” to other such initiatives in an indirect reference to China’s Belt and Road Initiative (BRI).  “India-EU trade talks are set to start anytime by end of the year... We have prioritized and discussions will now go forward. It will be comprehensive talks,” the official said on the sidelines of a report launch.

A National Intellectual Property Awareness Mission (NIPAM) under the initiative of the Government's "Azadi ka Amrit Mahotsav", has been launched by Shri Anurag Jain, Secretary, DPIIT on 8/12/2021. The pan-India ambitious mission aims to provide awareness on intellectual property and its rights to 1 million students. It aims to inculcate the spirit of creativity and innovation to students of higher education (classes 8 to 12) and ignite and inspire the students at college/Universities to innovate and protect their creations. During the launch, Govt. emphasized the importance of the role of a strong IPR ecosystem in the advancement of a country and how IPR is an important tool for the IP holder to become a "Job giver rather than job seeker".

NITI (National Institution for Transforming India) Aayog and the World Bank (WB) are working together to facilitate a program for faster and easier financing of electric vehicles (EVs). NITI Aayog and World Bank are setting up a $300 million ‘first loss risk sharing instrument’, with the State Bank of India (SBI) as its program manager. The current rate of interest for electric two-wheelers & electric 3 Wheelers, which is in the range of 20-25 per cent is expected to be reduced to 10-12 per cent.

E-Amrit is a one-stop destination for all information on electric vehicles–busting myths around the adoption of EVs. The Central government launched ‘E-Amrit’, a web portal on electric vehicles (EVs), at the ongoing COP26 Summit in United Kingdom’s Glasgow. According to a statement issued by the NITI Aayog, E-Amrit is a one-stop destination for all information on electric vehicles–busting myths around the adoption of EVs, their purchase, investment opportunities, policies, and subsidies. “The portal has been developed and hosted by NITI Aayog under a collaborative knowledge exchange programme with the UK government and as part of the UK-India Joint Roadmap 2030, signed by the Prime Ministers of the two countries,” the statement said.

E-Amrit intends to complement initiatives of the government on raising awareness on EVs and sensitizing consumers on the benefits of switching to electric vehicles. In the recent past, India has taken many initiatives to accelerate the decarbonization of transport and the adoption of electric mobility in the country. Schemes such as FAME and PLI are especially important in creating an ecosystem for the early adoption of EVs. NITI Aayog intends to add more features and introduce innovative tools to make the portal more interactive and user-friendly.

 

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