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Govt plans to set up a development finance institution:DFS Secy
“We need a development financial institution as infra financing needs patient capital, and banks are currently not suited for lending for long term projects which do not generate any cash for years,” Financial Services Secretary Debasish Panda told PTI in an interview.
Even deepening the bond market with regard to infrastructure financing is a matter which is receiving attention of the government and there is a need to do something more in order to have a robust bond market for infrastructure financing, he said.
Emergency no 112 to be available for disaster relief in 2 yrs;alert protocol in 4 yrs: NDMA official
”The MHA (Ministry of Home Affairs) is working on public safety… it is 112 single number emergency response system. It is being implemented for police, fire emergency, women and child protection and the next evolution is for disaster on which we are working. This will be rolled in two year or so,” NDMA Advisor, Operations and Communications, Brig Ajay Gangwar said
he said the government is also working on priority call routing which will give precedence to officials and agencies that will be first point of response for relief and rescue operations during any disaster like earthquake, cyclone or floods. Gangwar said NDMA has done a pilot project for common alert protocol which sends out automated alerts to people and it will implemented across country in four years.
Electric vehicle market in India expected to hit 63 lakh units per annum mark by 2027: IESA
GMR Hyderabad Air Cargo gears up for distribution of Covid-19 vaccines
“An infrastructure to handle the Covid-19 vaccine has been developed to enhance the capacity for handling the vaccine supply from and to Hyderabad. The dedicated work station has been set up at the terminals to handle this sensitive shipment of the vaccine. Temperature zone has been developed for maintaining the vaccine. The staff has been given special training to handle the shipment of vaccine right from the acceptance till the shipment reaches the destination,” said T. Purushottam Singh, General Manager, Head operations
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