Niti Aayog Current Affairs

NITI Aayog launches Pitch to MOVE competition

NITI Aayog has launched mobility pitch competition Pitch to MOVE to provide budding entrepreneurs of India unique opportunity to pitch their business ideas to distinguished jury. Using this platform, startups working in various fields of mobility can pitch their ideas to industry leaders and venture capitalists for raising investments.

Pitch to MOVE competition

The competition is organised by NITI Aayog in collaboration with Invest India and Society of Indian Automobile Manufacturers (SIAM). It is part of series of Global Mobility Summit, engaging featured events in run up to the main event.

It aims to identify and incentivize (also reward) startups offering innovative solutions to Government realize its vision of shared, connected, intermodal and environment friendly mobility for India. Its objective is to harness latest disruption for generating employment and growth in our country.

In this competition, startups can be from domain of public mobility, electric vehicles (EVs), shared transport, last mile connectivity, passenger transportation, battery technology, automotive IoT, freight and logistics, powertrain and drivetrain, experiential, travel, mobility infrastructure and automotive electronics etc.

The competition is open to primarily startups from various parts of India who are interested in showcasing their business ideas to jury members. The winners of this competition will receive support from VCs and will be felicitated by Prime Minister Narendra Modi during Global Mobility Summit scheduled to be held on 7-8 Sep 2018 in New Delhi.

Month: Categories: India Current Affairs 2018

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NITI Aayog and CII launch partnership on SDGs

The NITI Aayog and Confederation of Indian Industry (CII) have signed Memorandum of Understanding (MoU) on Sustainable Development Goals (SDGs) and entered into three-year partnership. The MoU was signed during Government and Business Partnership Conclave held in New Delhi. This partnership focuses on specific activities that seek to develop vision and action agenda for businesses and industries to contribute to SDGs, annual status reports and sector-specific best practise documents.

Government and Business Partnership Conclave

It was jointly organised by NITI Aayog, CII and United Nations. IT witnessed participation from senior officials from Ministry of Housing and Urban Affairs, Ministry of New and Renewable Energy, Ministry of Power and Ministry of Drinking Water and Sanitation.

On sidelines of this conclave, CII also launched report—Indian Solutions for the World to Achieve SDGs. The report deep-dives into each of SDGs, targets and business implications thereof. It also cites examples that illustrate how companies have incorporated SDGs framework into their business strategy and gone about achieving them.

Confederation of Indian Industry (CII)

CII is an association of Indian businesses which works to create environment conducive to growth of industry in India. The headquarters of CII is located at New Delhi.

Month: Categories: Business & Economy Current Affairs 2018

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