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India to have policy to promote electric vehicles soon, says PM Modi

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India to have policy to promote electric vehicles soon, says PM Modi

The government will soon issue a policy on electric vehicles and those based on alternative fuels, announced Prime Minister Narendra Modi on Friday, September 7.

He was speaking during the first edition of MOVE: Global Mobility Summit, a two-day event organised by Niti Aayog on developing transportation based on clean energy.

Modi promised global technology and automobile companies a stable policy regime to make India a pioneer in electric mobility.“We will soon put in place a stable policy on electric vehicles and other alternative vehicles… we will do whatever it takes because it is our commitment to heritage and our future generations,” Modi said in his 30-minute speech on the first day of the event.

The government currently doesn’t have a separate policy on electric vehicles, according to a report in Moneycontrol.com. The department of heavy industries has, since 2015, had a framework called FAME, which stands for Faster Adoption and Manufacturing of Electric Vehicles, that provides subsidy to electric car manufacturers.

The second phase of FAME is expected any time now. According to sources, the finance ministry has approved Rs 5,500 crore for the second phase, of which Rs 4,500 crore will be to provide subsidy to all electric vehicles.

The prime minister said mobility is the next frontier in the world’s fight against climate change as it accounts for one-fifth of the world’s carbon emission. He said India is best placed to be an early mover in adoption of transportation solutions based on clean energy.

“India has inherent strength and comparative advantage. We have fewer vehicles per capita than other economies. We do not carry the legacy of other economies which were built on private car ownership,” he said.

Modi said that India will do whatever it takes to usher in electric mobility in a big way as it holds immense promise for economic growth and ease of living.

“We want to drive investments across the value chain from batteries to smart charging to electric vehicle manufacturing. We will soon put in place a stable policy framework for electric and alternate fuel powered vehicles. Policies will be designed as a win-win for all and will enable huge opportunities in the automotive sector,” Modi told industry leaders.

The aim is to have a policy to have a comprehensive set up for a robust and affordable electric mobility ecosystem comprising production facilities and a widespread network of charging points. This would help achieve three key strategic goals – cuttingdown carbon emissions, creating new job opportunities and reducing use of crude oil, about 80% of the requirement of which is met through imports.

Earlier in the day, Narendra Modi met executives from electric vehicle manufacturers, battery makers and technology at an exhibition of their new offerings in the capital.

India aspires to have all new vehicles sold from 2030 to be electric. Many businesses, including state-owned fuel retailer Indian Oil Corp and power producer NTPC Ltd, have ventured into setting up charging stations to tap opportunities arising from a transition to electric mobility. One key challenge to realising the goal of electric mobility is the high cost of batteries which policymakers hope will come down with new technology and economies of scale.

Modi told industry executives that India has doubled the pace of building highways and is connecting more towns with new air routes besides promoting fuel efficiency. “Let us create a template for the world to adopt,” Modi said.

The summit has over 1,200 delegates from the world over with several promoters, chief executive officers and other senior officials of multinationals and Indian corporates attending the grand event.

Mahindra & Mahindra Chairman Anand Mahindra, Suzuki Motor Corporation Chairman Osamu Suzuki, Kalyani Group promoter and Bharat Forge Chairman and Managing Director Baba Kalyani, Toyota Chairman Takeshi Uchiyamada, Tata Motors CEO Guenter Butschek and Ola promoter Bhavish Aggarwal were in the audience as Modi spoke.

Anand Mahindra, chairman of the Mahindra group, who spoke on the occasion, said mobile applications that offer shared and connected multimodal transport options between long distances will change the way people live.

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Google restores delisted Indian apps after government intervention

Google on Saturday restored all Indian apps it had removed.

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Google has started to restore all the delisted Indian mobile apps on Play Store agian, which they had removed due to a disagreement over service fees. After a discussion between company representatives and IT Minister Ashwini Vaishnaw, the decision was made, according to sources.

The step was taken in response to Vaishnaw’s strong statement in which he said that it is not allowed for apps to be removed from the Google Play Store. The minister had said, India is very clear, our policy is very clear…our startups will get the protection that they need.

Vaishnaw  continued saying that he has already given Google a call. They will be speaking with the app developers who were delisted this week. This is not acceptable. The minister said this kind of delisting cannot be permitted.

Ten Indian companies’ apps were banned by Google on Friday, causing outrage in one of its fastest-growing markets. With 94% of phones running on its Android platform, Google holds a large portion of the Indian market. Popular names like Naukri and Bharatmatrimony were on the list.

The main point of contention is Google’s in-app purchase fees, which range from 11% to 26%. Indian startups have long opposed the US tech giant’s actions, believing them to be unfair.

The founder of Bharat Matrimony, Christian Matrimony, Muslim Matrimony, and Jodii, Matrimony.com, expressed shock at the matchmaking apps’ removal from the Google Play Store.

Shaadi. Com CEO Anupam Mittal described it as a dark day for India’s internet, highlighting the possible broad effects on matchmaking services. He also called Google an evil.

While, Kuku FM Co-founder Vinod Kumar Meena in a statement had said that Google was behaving like a monopoly.

Meanwhile, Google temporarily withdrew the famous Indian payments app Paytm from the Play Store in 2020, claiming a few policy infractions. Due to this decision, the founder of the company as well as the larger startup community came together to build their own app stores and file lawsuits against Google.

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Anant Ambani says he is 100% lucky to get Radhika Merchant in his life

Anant Ambani said he was grateful to get Radhika as his life partner. He said he is 100% lucky to get Radhika Merchant in his life. He said every day he is falling more and more in love with her. He added although he had known Radhika for the last 7 years, it felt he had met her only yesterday. He thanked Radhika for everything.

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Anant Ambani and Radhika Merchant’s grand three-day wedding celebrations began with a glamorous cocktail night on Friday in Jamnagar. During the celebrations, Anant Ambani also gave a speech wherein he thanked his late grandfather Dhirubhai Ambani and grandmother Kokilaben Ambani for inspiring him. Anant Ambani said he was grateful to get Radhika as his life partner. He said he is 100% lucky to get Radhika Merchant in his life. He said every day he is falling more and more in love with her.

He expressed his gratitude to his mother for pulling together the lavish three-day wedding celebrations in Jamnagar. Anant thanked his mother for all she had done. He said all the arrangements had been done by his mother and nobody else. He added his mother had gone all out and she had worked 18-19 hours a day and he was extremely grateful to her.

He also thanked all the guests who were present there at the pre-wedding celebrations. He said everyone had made it to Jamnagar to make him and Radhika feel special. He said both of them were honored and humbled to have all of them present there. Anant said he was sorry if they had caused an inconvenience to anyone. He asked for forgiveness. He hoped everyone is going to enjoy the coming three days. He also thanked his mother, father, sister, brother, his sister-law and his brother in-law for making this event memorable.

Anant said everyone has been sleeping for less than 3 hours a day for the last 2-3 months and he was very happy to share this joy with everyone. The youngest Ambani talked about his personal struggles and how his parents had always supported him. He further added his life had not been entirely a bed of roses. He said he had also experienced the pain of thorns. He said he had faced many health crises.

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Facebook chief Mark Zuckerberg shares pictures from 2nd day of Anant Ambani and Radhika Merchant pre-wedding celebrations

Zuckerberg shared pictures from the 2nd day of Anant Ambani and Radhika Merchant’s pre-wedding celebrations. In the photograph Mark Zuckerberg can be seen along with his wife Priscilla Chan. The couple is exuding happiness as they prepare for the event. He captioned the picture it is getting wild out here.

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Facebook boss Mark Zuckerberg and wife Priscilla Chan joined the star- studded pre-wedding celebrations of Anant Ambani and Radhika Merchant in Jamnagar on Friday. The event was attended by many prominent figures from different fields. Zuckerberg took to his Instagram handle congratulated the couple and said he loved Indian weddings.

Zuckerberg shared pictures from the 2nd day of Anant Ambani and Radhika Merchant’s pre-wedding celebrations. In the photograph Mark Zuckerberg can be seen along with his wife Priscilla Chan. The couple is exuding happiness as they prepare for the event. He captioned the picture it is getting wild out here.

The theme of the opening day of the pre-wedding celebrations was Evening in Everland as the guests wore cocktail attire. The first day of the grand celebrations elevated the expectations of the guests for the following days. The theme of the 2nd day of the pre-wedding bash is known as a Walk on the Wildside and the guests can be seen in Jungle Fever attire.

Zuckerberg has opted for an animal print shirt with white trousers, Chan is complementing his look in a strappy one piece in black and golden. The Jungle theme is aligned to Vantara, Reliance’s animal welfare initiative undertaken and launched by Anant Ambani a few days back.

International pop star Rihana electrified the pre wedding celebrations on Friday with an amazing performance, marking her debut appearance in India. The chart topping artist engaged the audience with performances of her iconic hits which included Pour it Up, Work and Diamonds.

Zuckerberg graced the opening day, wearing a black-on-black firefly blazer and shoes from Alexander McQueen while his wife Priscilla wore a black gown with gold flower details and other accessories such as dainty chain bracelet, gold necklace and stud earrings. Mark Zuckerberg and wife Priscilla Chan are one of the Power couples invited from the global business community for the festivities currently underway at Jamnagar.

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