Transportation Sector Current Affairs

NITI Aayog to organise India’s First Global Mobility Summit

NITI Aayog is going to organise ‘MOVE: Global Mobility Summit’ on September 7-8, 2018 collaboration with various ministries and industry partners. The summit will be held in New Delhi and will be inaugurated by the Prime Minister Narendra Modi. It will help to drive India’s goals for vehicle electrification, renewable energy integration and job growth, thus, speeding up India’s transition to a clean energy economy.

MOVE: Global Mobility Summit

Objectives: The summit aims to bring together and engage with key stakeholders within rapidly transforming global mobility landscape and to evolve public interest framework for shared, connected, zero emission agenda for the future. It also aims to encourage synergies between indigenous industries such as automobile manufacturing, information technology, electronics, telecommunications to integrate with global supply chains. It also envisages mobility as key driver for generating employment, providing innovative solutions to improve efficiency and efficacy of transport sector and accelerate economic growth.

Key Features: The summit will feature global political leaders from mobility space and will see participation of over 1200 participants from across world including government leadership, research organizations, academia, industry leaders, think tanks and civil society organisations.

Key Themes: The summit will be organised along key tracks (themes) to anchor debate and deliberations on towards preparing collective mobility agenda. These themes or tracks are asset utilization and services, comprehensive electrification, alternative energy, reinventing public transit and logistics and goods transport.

Month: Categories: Business & Economy Current Affairs 2018

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Cabinet approves MoU between India and UK in transport

The Union Cabinet has approved signing and implementation of Memorandum of Understanding (MoU) between Ministry of Road Transport & Highways (MoRTH) and ‘Transport for London’. Transport for London is a statutory body established under the Greater London Authority Act, 1999 (UK) to improve Public Transport in India.

Key Facts

The MoU will help to improve the overall public transport system in country, improve passenger services and promote use of high capacity buses in India. It will go long way in strengthening ties and promoting bilateral relations between India and UK. It will also help in strengthening integrated public transport for all. This will help people from poorer strata of society to have access to a quality public transport system.

Month: Categories: India Current Affairs 2018

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