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OneM2M IoT standard to help underpin India’s smart cities

As India strives to deliver over 100 smart cities across the country, standards-based deployment would help promote interoperability, security and multi-vendor deployments. International standards initiative for M2M and IoT technologies oneM2M has announced that its standard has been adopted at national level in India to develop the 100 smart cities plan of the country. oneM2M standard has been transposed in India by TSDSI.

Inter-Ministerial Committee for Capital Goods Sector.

The govt. has set up a 22-member inter-ministerial committee in strengthening the Capital Goods (CG) Sector through interventions that help the CG Sector in contributing more actively in the national goal of achieving a USD 5 trillion economy and a USD 1 trillion manufacturing sector. The IMC will help DHI in taking a holistic view for all the issues pertaining to the CG Sector. The Committee will look into on all such issues pertaining to the Capital Goods Sector including technology development, mother technology development, global value chains, testing, skill training, global standards, reciprocity issues, custom duties to make this sector globally competitive and to become the manufacturing hub for the world.

India to replace coal fired power plants with renewables

India is planning to replace retiring coal-fired power plants with renewable generating capacity in a bid to cut the nation's carbon footprint. India is the world's second largest coal consumer after China, and the third largest emitter of greenhouse gases. Coal-fired plants currently account for over half its nearly 373 gigawatt (GW) power generating capacity. Many of those plants are getting retired. Some plants are already retired, and about 29 more plants are going to retire, and all that space will be occupied by renewable energy.  

Cabinet approves PLI Scheme to 10 key Sectors for Enhancing India’s Manufacturing Capabilities & Enhancing Exports

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat. The PLI scheme will be implemented by the concerned ministries/departments and will be within the overall financial limits prescribed.