News Bulletin : April 2021 – Issue 1

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1. Current fiscal ‘most challenging’ for Indian Railways: Piyush Goyal

During the lockdown, all services of the railways had come to a grinding halt and
even now, only special trains are plying Acknowledging that this fiscal was the “most challenging” for Indian Railways, Minister Piyush Goyal said it was time to
rewrite the future of the national transporter as “self-sustaining, punctual, green and first choice of business”. At a review meeting with Railway Board members and general managers of zonal railways, Goyal said in the future, the success of Indian Railways would define the success of the nation.

Source: Business Standard

2. China to add 30 civil airports, more railways and highways in 5 years

To meet its 14th Five-Year Plan goals, China plans to construct 30 civil airports, 3,000 kilometers of railways, as well as 25,000 kilometers of highways in the next five years, shaping a strong domestic transport network by 2050, said the Chinese vice transport minister on Wednesday in Beijing.

Wang Zhiqing, the vice transport minister, further said the country will accelerate transportation construction by integrating different forms of travel across industries. The main objective is to make China’s transportation network convenient, cost-effective, safe and intelligent, boosting the economy and domestic demand while promoting the “dual circulation” strategy which reinforces the domestic and global economy.

Source: Hellenic Shipping News

3. Ultra-modern Logistics Park in Lucknow adopts rainwater harvesting

Safexpress, a supply chain and logistics company, has launched its ultra-modern Logistics Park in Lucknow. This state-of-the-art facility has taken special environment-friendly initiatives at the Logistics Park by investing in rainwater harvesting system, developing a special green zone and using natural sunlight during the daytime to conserve energy, it said. It is strategically located on National Highway 30, Pursaini, Mohanlalganj.

Source: India CSR

4. Unleashing Blue Economy for National Growth (MUST READ)

The Indian Ocean has emerged as the global economic highway. It is the third-largest water body spanning an area of 68.5 million sq. Kms, which is rich in oil and mineral resources.

The Blue Economy is envisaged as the integration of Water-based Economy included Inland Water Body & Ocean Economy development with the principles of social inclusion, environmental sustainability, and innovative, dynamic business models”.

The development of the Blue Economy holds immense promise for the Indian Exclusive Economic Zone (EEZ). The Indian Ocean is the world’s preeminent seaway for trade and commerce.

It is also endowed with a wealth of natural resources, which are, yet, largely untapped. The development of the Blue Economy in the Indian Ocean region is expected to yield several benefits for India.

Source: The Policy Times

5. The future is green

With its ‘Green building’ initiative, the Indian Green Building Council aims to enable a sustainable built environment

The growth and development of our communities has a large impact on our natural environment. With citizens becoming more aware about using sustainable things that do not harm nature, the construction sector too is undertaking several steps towards a cleaner environment.

Source: Telangana Today

6. Logistics and Big Data: How to gain core competency in a digital ecosystem

Big data in business logistics helps handle complex functions of tracking operations, assessing performance, predicting outcomes, and delivering competent service to end customers. Big data not only offers the possibility of storing a huge amount of information related to logistics from various sources, but also the tools to do decisive activities like data analysis, creating data-based customized predictive models. Big data helps in the consolidation of shipments that reduces cost, saves transport time, and helps to deliver improved customer service.

Source: Inc42

7. ReNew Power announces commissioning of 300 mw wind farm

GURGAON, India, March 25, 2021 /PRNewswire/ — ReNew Power (“ReNew” or “the Company”), India’s leading renewable energy company, today announced that it has commissioned a 300 megawatt (MW) wind power generation facility in the Indian state of Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Energy (AP2) Private Limited in a competitive E-reverse auction conducted by the Solar Energy Corporation of India.

As previously announced, ReNew has entered into a definitive agreement for a business combination with RMG Acquisition Corporation II (NASDAQ: RMGB, RMGBW, RMGBU), a publicly traded special purpose acquisition company (SPAC), that would result in ReNew becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in the second quarter of 2021.

Source: PR Newswire

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