Budget 2018-19

  After making its mark as a trusted source in pharmaceuticals, IT, among others, Modi said India is now ready to play a role in the supply chain for clean technology. Prime Minister Narendra Modi underlined three critical aspects ‘3Ts — Trusted Source, Transparency and Time frame for improving global supply chains at the Summit on Global Supply Chain Resilience’ on the sidelines of the  G20 Summit  at Rome. After making its mark as a trusted source in pharmaceuticals, IT, among others, Modi said India is now ready to play a role in the supply chain for clean technology. The Summit on ‘Global Supply Chain Resilience’ was convened by US President Joe Biden to discuss the ways in which governments can alleviate pressure points in the global supply chain ecosystem. Recalling the initial months of the Covid-19 pandemic when all countries faced paucity of medicines, health equipment and raw materials for preparing vaccines, Modi said, “Now when the world is on path to economic...

  UN Secretary-General Antonio Guterres said the Rome summit was not all he hoped for Leaders of the Group of 20 major economies agreed on a final statement on Sunday that urged “meaningful and effective” action to limit global warming, but offered few concrete commitments, angering climate activists. The result of days of tough negotiation among diplomats leaves huge work to be done at the broader United Nations COP26 climate summit in Scotland, which starts this week. Italian Prime Minister Mario Draghi hailed the Rome gathering, saying for the first time all G20 states had agreed on the importance of capping global warming at the 1.5 degrees Celsius level that scientists say is vital to avoid disaster. “We made sure that our dreams are not only alive but they are progressing,” Draghi told a closing news conference, brushing off criticism from environmentalists that the G20 had not gone nearly far enough to resolve the crisis UN Secretary-General Antonio Guterres, who warned on F...