Electric vehicles to save $60 bn in fuel costs by 2030: Niti
The Dollar Business Bureau Niti Aayog CEO Amitabh Kant is taking no chance in promoting the adoption of electric vehicles (EVs). With oil prices perennially increasing, awareness about ecology and atmosphere being discussed and steps being taken to implement clean energy drive, he says India faces the challenge of not wasting anymore time in adopting measures that would reduce the dependence on diesel and petrol. In its annual report, India Leaps Ahead: Transformative Mobility Solution, NITI Aayog and Rock Mountain Institute specify that, “Accelerated adoption of electric and shared vehicles could save $60 billion in diesel and petrol costs while cutting down as much as 1 gigatonne (GT) of carbon emissions for India by 2030.” It estimates that the country could save ...
Govt to reduce logistics costs to 12%
Ahmad Shariq Khan & Aamir H Kaki The Govt wants to bring down the overall logistics cost to 12%. This was revealed by Nitin Gadkari, Minister for Road Transport, Highways and Shipping during the unveiling of the 3rd edition of a report titled “Operational Efficiency of Freight Transportation by Road in India”, on Tuesday. The report was jointly published by Transport Corporation of India (TCI) and IIM Calcutta.Speaking on the occasion he said if India does not bring down logistics costs, which currently stand at 18 percent, the country will not be able to give a competitive edge to it's exporters. He also stressed on the need to develop multimodal transportation solutions in the country.Referring to China he said, "China's ...
Government launches roadmap for machine-to-machine communications
The Dollar Business Bureau Taking a step towards the goal of 'Make in India' and 'Digital India', the government on Tuesday released a roadmap for machine-to-machine (M2M) communications. The roadmap will serve as a reference document for the use of machine communications. “M2M communications will impact every aspect of life of common man and results in substantial and tangible social and economic benefits to consumers, businesses, citizens and government,” Union Minister of Telecommunication Ravi Shankar Prasad said while releasing the roadmap. He said when the country is focusing on digital empowerment, it has to be ensured that it plays a lead role in the implementation of M2M technologies. The minister also asked all concerned agencies to join hands to ...
