EV charging infrastructure is required to boost EVs in the country. India intends to have a sizeable share of EVs in the vehicle strength by 2030, which is in line with its commitment to reduce emission intensity by one third from the level of 2005.
State tourism department, which had taken the task of conservation in its hand with funding from Asian Development Bank, says this is a gift to the citizens and going to be an attraction for tourists taking an evening stroll on the Mall Road.
The Asian Development Bank (ADB) is formulating its long-term 'strategy 2030' to deal with climate change and gender issues as well as the impact of technology on jobs. The strategy paper would be discussed by the bank's board later this week.
In its 'Asian Development Outlook 2017 Update', the Manila-based multilateral lending agency had reduced India's GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent owing to weakness in private consumption, manufacturing output and business investment.
Unabated climate change could severely affect the future growth of these countries, reverse current development gains, and degrade quality of life, the report by the Asian Development Bank (ADB) and the Potsdam Institute for Climate Impact Research (PIK) claimed.