Minister Vaishnaw informed that the Indian Railways aims to achieve Net Zero by 2030, for which the plans shall be laid out in the next 2-3 years.
Mr Ashwini Vaishnaw informed that the Indian Railways aims to achieve Net Zero by 2030, for which the plans shall be laid out in the next 2 – 3 years. He said the Government of India listed big technology as one of the top 5 challenges faced globally. He spoke at the CII Partnership Summit 2021, organised in association with the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry.
He stated that big technology organisations significantly impact democracy and society, which have the power to change behavioural aspects and affect decision-making capabilities, which makes a fundamental difference in the vital activities of the country.
Mr Vaishnaw further said that rising geopolitical tensions and constantly changing global equations, which remain to be fully understood, have challenged the ideological thought about globalisation and brings out the fragility of global supply chains.
Highlighting that India has moved towards an investment-driven recovery, Mr Vaishnaw informed that the Ministry of Railways alone is undertaking a capital investment of USD 15 billion out of the public investment of USD 80 billion announced in the previous budget and is on track to achieve this by March 2022.
Touching upon the country’s increased focus on clean energy to tackle climate change, Mr Vaishnaw informed that the Indian Railways aims to achieve Net Zero by 2030, for which the plans shall be laid out in the next 2 – 3 years. He also added that about 40 gigawatts of renewable energy tenders would be released, attracting high volumes of investment, including from overseas.
Under the aegis of the Digital India Initiative, which aims to provide universal internet access to the country’s 1.3 billion population, the Ministry of Telecommunications has been undertaking several steps to ensure that connectivity is available even at the last mile. “As everything went digital, the pandemic made us realise the importance of digital connectivity and availability for all,” Mr Vaishnaw added.
He noted that the challenge of how cyber security has become a global phenomenon and, as a society, it is imperative to establish a synergy amongst the countries. In its preparedness to overcome the threats being posed by cyber security, India has been consistently working towards bringing in relevant technology and investment into the country.
Mr Ashwini Vaishnaw was in conversation with Mr Chandrajit Banerjee, Director General, CII, Dr Janmejaya Sinha, Chairman, CII National Committee on Financial Inclusion & Fintech and Chairman–India, The Boston Consulting Group India Private Limited and Mr Vinayak Chatterjee, Chairman, CII Mission on Trade, Infrastructure and Investments, India.
