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20 sectors identified for boosting manufacturing and export
The central government has identified 20 sectors where India can meet domestic demand as well as become a ‘global factory of the world’ by pushing out more exports and reining in costly imports, Commerce and Industry Minister. We had first identified 12 sectors. Now, there are eight more. We have 20 sectors where Ficci and other associations form a part of our engagement. Earlier, food processing, iron and steel, electronics, industrial machinery, furniture, automobile parts, and leather and footwear were among the sectors identified for import substitution and increasing exports.
Centre launches Climate Smart Cities Assessment Framework 2.0 for climate-sensitive cities
A framework that would help cities follow a climate-sensitive approach in urban planning and development was launched. The objective of the Climate Smart Cities Assessment Framework (CSCAF) 2.0 is to provide a roadmap for cities for combating climate change while planning and implementing their actions, including investments. The framework has 28 indicators across energy and green buildings, urban planning, green cover and biodiversity, mobility and air quality, water management and waste management.
India driving electric mobility, energy storage sector growth: Experts
The Govt. of India is encouraging investments in the manufacturing of batteries and Niti Ayog is exploring to incentivize the production per kW. India will be moving fast with various favourable policies and schemes to implement efficient energy storage and electric mobility in the country, point out experts. Niti Aayog is working on inviting investments for cell manufacturing and is proposing direct incentives. The critical opportunity is to integrate energy storage, batteries and vehicle manufacturing for a viable commercial market.
Power minister launches pan-India real-time market in electricity
Power and renewable energy minister launched the pan-India real-time market (RTM) in electricity, placing India amongst a few electricity markets in the world having it. RTM is an organized market platform to enable the buyers and sellers pan-India to meet their energy requirement closer to real time of operation. RTM would bring required flexibility in the market to provide real-time balance while ensuring optimal utilisation of the available surplus capacity in the system and would also help manage demand pattern diversity in the country with an organized market.