1. Hussain Sagar to regain pristine glory: FLOATING STRUCTURES
2. Germany’s Autobahn: Dream or nightmare? : INLAND WATERWAYS
3. What Happens When Rising Seas Shift Maritime Borders? : COASTAL INFRASTRUCTURE
In 1982, when the United Nations first defined where a nation’s maritime territory ends and the high seas begin, few people imagined that the land those boundaries were based on could disappear entirely beneath the waves. But now a warming planet and rising seas are forcing a reckoning with that assumption, writes law professor Vincent P. Cogliati-Bantz.
Source: JSTOR Daily
4. What is Delhivery, India’s next logistics titan? : LOGISTICS
Indian logistics and supply chain start-up Delhivery has been valued at close to $3bn after closing its most recent funding round, led by US investment firm Fidelity. The $277m injection is expected to be the final capital raise before an IPO, Delhivery said in a regulatory filing, with funds to be pumped into supporting and expanding an already swift and impressive period of growth.
The Singaporean sovereign wealth fund GIC, Chimera, and Baillie Gifford were also part of the round. The join prominent former investors including Times Internet, Tiger Global Management, Canada’s pension fund and many more. The business has now raised more than $1.2bn to date. The Economic Times reports an IPO would value the business at around $4bn, with sources indicating Delhivery would look to raise between $600-800m from the public listing.
Source: Supply Chain
5. Start-up Technology Parks of India to Develop 12 Centres of Excellence : ECONOMIC ZONES AND BUSINESS PARKS
It will launch five centres of excellence in all Northeast capital cities like Gangtok, Itanagar, Kohima, Aizawl and Agartala.
The Start-up Technology Parks of India (STPI) is set to develop 12 Centres of Excellence (CoEs) in the country. Dr. Omakr Rai, DG, STPI, at the 30th Foundation Day celebrated on June 5 announced the decision and said that it aims to make India a product nation in times to come. These CoEs is expected to play a pivotal role in revving up R&D, innovation, intellectual property creation, and product development.
Since its inception in 1991, Software Technology parks of India under Ministry of Electronics and Information Technology (MeitY), Government of India, has been working towards equitable and inclusive IT-led growth pan-India which in turn has helped promoting Software exports, Science, Technology & Innovation (STI) and Software product development.
6. Public-Private Partnership in Indian Railways: Key to infrastructure development : RAILWAYS AND METROS
Infrastructure Development forms the bedrock of the economic growth of a nation. The exponential increase in population puts pressure on the existing provision for civic amenities necessitating scaling up of infrastructural investment to the tune of INR 50 trillion to achieve sustainable development by 2022, as per a recent report. Understandably, infrastructure is a primary focus area for the government under Prime Minister Narendra Modi as it strives to fast-track the economic growth in the post-COVID-19 scenario. The government has laid an ambitious target to allocate USD 1.4 trillion between 2019 and 2023, including investment to the tune of USD 750 billion on the railway infrastructure by 2030. Other initiatives to incentivize infrastructure development include the INR 102 trillion- worth National Infrastructure Pipeline (NIP) encompassing sectors such as roads, railways, ports, airports, urban, power, telecom, etc.
Source: Financial Express
7. The risky side of solar energy: A perspective on solar waste : RENEWABLE ENERGY
With the rapid increase in India’s solar energy capacity addition, there is a considerable amount of solar photovoltaic (PV) waste that is already being generated and is expected to grow in the coming decades, according to industry analysts.
A preliminary analysis by the Council on Energy, Environment and Water (CEEW) estimated 1,359 tonnes of waste by the end of financial year 2020-21 from the current 40 gigawatt (GW) solar capacity.
Source: Energy World
8. How Utilities Can Use Data and AI To Turn Every Interaction Into A Marketing Opportunity : RESOURCES AND UTILITIES
Personalization, automation, and digitalization have redefined the fundamentals of business across nearly every industry, yet as Deloitte explains, the utility industry is transforming on a great scale. Utilities are investing in information technology (IT) to not just accommodate evolving customer needs and expectations but also improve operational workflows throughout the organization, including in marketing.
Advanced IT solutions in the utility industry aim to reduce redundancies and unify technology systems. But in order to justify the increase in spending on vertically aligned cloud software, utility leaders should maximize ROI by optimizing and extending their existing IT stack to ensure it enhances efficiency utility-wide rather than in siloed units.
9. MoRTH proposes exemption of EVs from RC issues, renewal fee : ROADS AND HIGHWAYS
The ministry has issued a draft notification in this regard for comments from various stakeholders.
The Ministry of Road Transport and Highways has moved a proposal to exempt electric vehicles from registration charges in a bid to promote electric mobility in the country. The move comes as the demand for electric vehicles and transition to cleaner sources of mobility is gathering momentum, says a Ministry statement. The transport ministry has issued a draft notification in this regard for comments from various stakeholders.
10. Uttarakhand first state in country to introduce Gross Environment Product : WATER AND ENVIRONMENT
Uttarakhand is set to become the first state in the country to assign monetary value to four of its critical natural resources would determine the Gross Environment Product (GEP) of the state which would be used in evaluating the state’s Gross Domestic Product (GDP).
The announcement to this effect was made on the occasion of World Environment Day on Saturday by chief minister Tirath Singh Rawat and state forest and environment minister Harak Singh Rawat.
Source: The Times Of Inda