logo
Securing clean energy is the key to climate policy: Environment minister

Securing clean energy is the key to climate policy: Environment minister

Hindustan Times6 days ago

There are three main drivers of India's climate policy architecture: Circular economy; environmental sustainability and protection of the natural ecosystems; and promoting adaptation to climate change, Union environment minister Bhupender Yadav said on Thursday addressing the Confederation of Indian Industry (CII) Annual Business Summit in the Capital.
'When you ask me what is India's climate policy architecture? I say it is about securing the rights of 140 crore (1.4 billion) citizens to clean energy. It is also about keeping our skies blue and our oceans clean. The pathway for India as an emerging economy is about building a robust economy, which is in sync with ecology,' Yadav said.
India's unique climate policy architecture successfully balances developmental imperatives with ambitious climate goals, he added.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India now ranks third in building general dry cargo vessels for European short sea trade: Sarbananda Sonowal
India now ranks third in building general dry cargo vessels for European short sea trade: Sarbananda Sonowal

Time of India

time17 minutes ago

  • Time of India

India now ranks third in building general dry cargo vessels for European short sea trade: Sarbananda Sonowal

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India now ranks 3rd in building general dry cargo vessels for the European short sea trade , Union Minister for Ports and Shipping Sarbananda Sonowal announced on Thursday, quoting private minister attributed this feat to Prime Minister Narendra Modi's "bold Maritime Amrit Kaal Vision 2047"."India's shipbuilding ambitions are no longer just on paper, they are taking shape in shipyards and recognised globally," the minister wrote on X, attaching an infographic of strategic reforms to skilling our workforce, every step taken by the Modi Govt is making Make in India, Make for the World a reality. Our rise proves, India means business and the world knows it," the minister supplemented in his X Maritime India Vision (MIV) 2030 provides a comprehensive framework for the holistic development of India's maritime sector, encompassing ports, shipping, and waterways. MIV 2030 outlines 150 initiatives aimed at propelling India to global maritime 10 interconnected themes such as port infrastructure development, enhancing logistics efficiency, improving Indian shipbuilding tonnage, increasing coastal and waterway traffic, fostering technology innovation and policy support, promoting sustainability and global collaboration, address every facet of the maritime ecosystem, ensuring a well-rounded approach to transforming India into a leading maritime status of MIV 2030 gets reflected through the progress made by the Indian Maritime sector over the past 3 years as outlined below:Major Port Capacity increased from 1598 MMTPA in Financial Year 2022 to 1630 MMTPA in Financial Year Vessel Turn Around Time (TAT) reduced from 53 hours in Financial Year 2022 to 48 hours in Financial Year Berth Day Output increased from 16,000 MT in Financial Year 2022 to 18,900 MT in Financial Year the past three years, there has been a 37% increase in the Capital Expenditure to Rs 7,571 crore in Financial Year 2024 (from Rs. 5527 crore in Financial Year 2022) by Ministry of Ports, Shipping and Waterways including a 54 per cent increase in Gross Budget Support (GBS) to Rs 1,687 crore in Financial Year 2024 (from Rs 1,099 crore in Financial Year 2022) which is primarily towards the achievements of goals and targets outlined under MIV the past 3 years, around 75 port development projects have been awarded in Major Ports which includes projects for enhancement of cargo handling capacity and operational efficiency.

India Commits $20 Billion For Maritime Infrastructure Development: Sarbananda Sonowal
India Commits $20 Billion For Maritime Infrastructure Development: Sarbananda Sonowal

India.com

time43 minutes ago

  • India.com

India Commits $20 Billion For Maritime Infrastructure Development: Sarbananda Sonowal

New Delhi: India has committed $20 billion for infrastructure development focused on enhancing multimodal logistics, port connectivity, and trade facilitation, Union Minister Sarbananda Sonowal said on Thursday. Delivering the keynote speech at the India Country Session in Oslo and highlighted India's growing maritime capabilities, including a favourable policy-induced investment environment, proven shipbuilding strength, circular economy efforts, and innovative financing plans to accelerate sectoral growth, he said: "Under the able and visionary leadership of Prime Minister Narendra Modi, India is moving decisively toward the goals of Viksit Bharat and Atmanirbhar Bharat. These goals envisage India as a modern, self-reliant, inclusive, and globally engaged economy." In this journey, the maritime sector is central - not just as a driver of growth, but as an enabler of resilience, sustainability, and strategic connectivity. "India has launched wide-ranging efforts to expand port infrastructure, integrate logistics systems, and improve ease of doing business for the private sector. These reforms are already bearing fruit in the form of increased port efficiency, stronger cargo flows, and rising investor confidence," he said. The Shipping Minister also highlighted strengthening of maritime connectivity and supply chains with strategic corridors like the India-Middle East-Europe Economic Corridor (IMEEC), the Eastern Maritime Corridor (EMC), and the International North-South Transport Corridor (INSTC). "India is working to become a credible and competitive alternative. Through policy incentives, ease of doing business, and infrastructure enhancement, we are laying the foundation for India to emerge as one of the top five shipbuilding nations by 2047," he said. India is establishing three Green Hydrogen Hub Ports — Kandla, Tuticorin, and Paradip — to support the manufacturing of green hydrogen and its derivatives and to pioneer the use of alternative fuels in the maritime domain. "We are also proud to lead under the IMO's Green Voyage 2050 initiative, assisting developing countries in their energy transitions," he added. India's maritime digital ecosystem is undergoing a transformation. Initiatives such as ONOP (One Nation-One Port Process), National Logistics Portal (Marine), and MAITRI – Virtual Trade Corridor are creating a unified national platform for port services and EXIM trade. "These efforts are improving operational transparency, reducing transaction time and building real-time data systems. We are also engaging with global partners to establish Virtual Trade Corridors that will digitally connect ports, enabling seamless cargo movement and reducing bottlenecks," said the minister.

Indian maritime firms bag shipbuilding orders at Oslo meet
Indian maritime firms bag shipbuilding orders at Oslo meet

Hans India

timean hour ago

  • Hans India

Indian maritime firms bag shipbuilding orders at Oslo meet

Oslo: Indian maritime companies bagged shipbuilding orders and signed MoUs with leading global players to explore opportunities for collaboration and future business at the Nor-Shipping event being held here. A Memorandum of Intent (MOI) was signed by Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, Germany and the Garden Reach Shipbuilders & Engineers Ltd (GRSE) for the construction of an additional four 7,500 DWT multi-purpose vessels. These vessels will have hybrid propulsion and adhere to the latest cybersecurity norms. This is in addition to an existing order of 8 such vessels currently being constructed at the GRSE's Kolkata yard. The GRSE also signed MoUs with Aries Marine LLC from the UAE for collaboration in "construction of offshore platforms and vessels" and with a global engine manufacturer as well. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, was present at the MoU signing ceremonies. During the Union Minister's visit to the Norway pavilion, an MoU was also signed between India's Larsen & Toubro (L&T) Group and Norway's DNV covering multiple areas of collaboration. It includes shipbuilding, offshore & maritime and expanding port infrastructure, energy systems, industrial solutions and smart infrastructure, sustainability, ESG and risk services, software, cyber security, platforms and digital solutions. In his remarks on the occasion, Sonowal said: "Norway has long been a valued partner of India. Our enduring collaboration is built on shared values, mutual respect, and a common commitment to sustainable development. It gives me immense pleasure that many Indian companies are signing MoUs, including those from Norway, further deepening our commitment to collaborate in the maritime sector." "Our governments are also working closely on green shipping corridors, decarbonisation efforts, ship recycling, and capacity building. The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement. Under the visionary leadership of Prime Minister Narendra Modi, India's maritime sector is undergoing a bold transformation. Through our flagship initiatives like Sagarmala, we are modernising port infrastructure, improving multimodal logistics, and enabling port-led industrial growth. A key pillar of this vision is the creation of Green Ports and the promotion of low-emission, energy-efficient coastal and inland shipping. Looking ahead, there is great potential for collaboration in offshore wind energy, maritime digitalisation, and sustainable port development. Together, we can unlock not just bilateral opportunities, but also contribute meaningfully to a sustainable and secure Indo-Pacific maritime ecosystem." The Union Minister is leading a business delegation of key maritime companies with participation from upcoming MSMEs. Some of the companies from the delegation include L&T Shipbuilding, Yeoman Marine Services, Smart Engineering & Design Solutions (SEDS), Chowgule Shipbuilding Division, Goa Shipyard Ltd, Mandovi Dockyards, Synergy Shipbuilders, Varya Tech Pvt Ltd, Marine Electricals, Buoyancy Consultants, Shoft Shipyard, Garden Reach Shipbuilders & Engineers (GRSE), Cochin Shipyard Ltd (CSL), & Swan Defence & Heavy Industries.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store