Economy

India unveils new Merchant Shipping Bill 2024 to streamline vessel ownership, registration, and environmental regulations

India’s new Merchant Shipping Bill 2024, tabled in the Lok Sabha by Union Minister of Ports, Shipping and Waterways, Sarbanada Sonowal, on Tuesday, will redefine and simplify ownership criteria for merchant vessels in the country – making it easier for Indian-flagged vessels to operate, and also streamline a variety of regulations that deal with marine […]

Economy

Commerce and Industry Minister Piyush Goyal emphasises shared responsibility for global environmental damage at CII Partnership Summit.

Global environmental damage has been caused by the developed countries who enjoyed the benefit of low cost energy and not the developing countries, hence, the responsibilities towards shared supply chains and sustainability will have to be met through common but differentiated responsibility, Piyush Goyal, Union Minister of Commerce and Industry has said. “While all have to […]

The World’s Largest Environmental Award, The Food Planet Prize, Announces Longlist for 2025 Prize of $2 Million

The Curt Bergfors Food Planet Prize, the world’s largest environmental award, has unveiled its longlist for the 2025 $2 million prize. Out of nearly a thousand nominations, 39 initiatives from 23 countries across six continents have been selected. These initiatives showcase inspiring examples of collective efforts aimed at addressing the environmental […]

Economy

Can solar energy transform farms for sustainable agriculture and environmental conservation?

As India progresses on its target to create 500 GW of renewable energy (RE) generation capacity by 2030, solar power is expected to make a significant contribution. However, with a land requirement of 3.5 acres/MW, solar is expected to compete with agriculture for land resources. However, various initiatives are underway to turn this potential competition […]