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India needs to grow at 8 pc on sustained basis to create sufficient jobs: KV Subramanian
India needs to grow at 8 per cent on sustained basis to create sufficient jobs to reduce poverty and inequality, India's executive director at International Monetary Fund (IMF) Krishnamurthy Venkata Subramanian said on Wednesday. India's economy grew by better-than-expected 8.4 per cent in the final three months of 2023 - the fastest pace in one-and-half years.
'Electric vehicle sales in India likely to grow to over 1.6 cr units by 2030 at CAGR of 45.5%'
The EV-Ready India Dashboard, launched on Monday by R K Singh, Union Minister of Power, New and Renewable Energy, is an interactive tool that allows one to track, analyse, and display key performance indicators and metrics for growth of EVs in the country. A free to access platform, it is developed by the Ola Mobility Institute (OMI) Foundation, a policy research and social think tank.
Govt mulling another production-linked incentive scheme for batteries: R K Singh
The Indian government plans to introduce a production-linked incentive (PLI) scheme for batteries to reduce costs and encourage the adoption of electric vehicles (EVs). The Union Power and New & Renewable Energy Minister, R K Singh, stated that the scheme aims to increase battery volumes and lower prices. He also highlighted the limited battery manufacturing capacity worldwide as a factor contributing to high prices.
Public transport reliability in Bengaluru goes up, says study
The report Kochi holds the greatest promise for the adoption of active and shared mobility, while Bhubaneswar shines in terms of providing a seamless mobility experience. Aizawl emerged as a top performer in clean mobility, while Jabalpur has the lowest mobility expenditure. Kolkata leads the way in shared mobility adoption, and Pune boasts of the most inclusive mobility ecosystem.
Gig workers are super heroes who keep neighbourhoods connected
A report by Ola Mobile Institute highlights the contribution of gig workers to the ongoing fight against the pandemic and collaborative measures that have been taken globally and in India to protect those on the frontline.
Biotech startups: Govt steps in where investors fear to tread
A flagship government-funding programme has provided a springboard to India's biotechnology industry by backing innovative and risky projects other investors wouldn’t touch. ET explores the impact of the Biotechnology Ignition Grant which is in its fifth year
