While addressing a seminar at the Indian School of Business (ISB) in Mohali on Sunday, Power-Coal and Renewable Energy Minister mentioned that, around 280 million households in the country do not have power connection.
“The country’s problem is not about the amount of power generation or the ability to generate. We have surplus power in large parts of the country. The mission is to achieve power for all by 2019 not only by slogans but by actions,” said the Power minister.
Adding to that, the minister asked the ISB to come up with a plan for a laboratory on energy conservation for which his ministry will provide funds.
“In 2.5 years from now, I can bring down energy wastage by 10 percent and will be powering those 280 million homes out of this energy saved,” said Piyush Goyal.
Emphasising on the resumption of more train services in the coming days to transport more people across the country, Union Railway Minister Piyush Goyal on Thursday said that more trains will be announced soon to take India towards normalcy, according to stories of india.
He also said that bookings of tickets will resume at 1.7 lakh common service centres from Friday.
The announcement comes a day after the Indian railways, which suspended the passenger, mail and express train services from March 25, announced to run 100 pairs of trains from June 1.
In a conversation with BJP national spokesperson Sambit Patra, Goyal said, “Will announce resumption of more trains as it is time to take India towards normalcy.”
The Minister added that bookings will also resume at the counters of different stations in the next two to three days.
“We are developing a protocol in this regard,” Goyal said.
Talking about the Shramik Special trains, Goyal said, “On May 20, 279 Shramik trains were run transporting over five lakh migrant labourers, students and trapped tourists to their homes.”
The railways started the Shramik Special trains to transport the stranded migrant workers, students, pilgrims and tourists from May 1.
Till date the national transporter has operated over 1,600 Shramik Special trains Shramik transported over 25 lakh people across the country.
Hitting out at West Bengal Chief Minister Mamata Banerjee, the Railway Minister said, “Till date we have been able to run only 27 trains in West Bengal. Till May 8 or 9, only two trains could reach there.”
The Railway Minister earlier has urged Banerjee and the Chief Ministers of other states to give clearance to the Shramik Special trains to transport the stranded migrant workers.
The Indian School of Business (ISB) and Microsoft India on Friday joined hands to equip Indian business leaders with tools and strategies to make their organizations Artificial Intelligence (AI)-driven.Through the creation of the AI Digital Lab, the two organizations will collaborate in research which will use AI and Machine Learning (ML) to study issues that are relevant for business and public policy. In addition, they will also jointly introduce a new executive programme, to begin in October which aims to train 1,000 executives in AI and its role to improve business decisions over a period of two years.
“With this coming together of ISB and Microsoft, it is a unique opportunity to increase the innovation with AI in business. Our new partnership with ISB will empower business leaders to increase their tech intensity and do more with AI,” said Anant Maheshwari, President, Microsoft India.
According to a recent Microsoft and IDC Asia/Pacific study, lack of a coherent AI-strategy is among the top three challenges that Indian business leaders face while trying to accelerate the growth of their respective businesses.
“Transforming organizations guided by AI and augmented by frameworks integrating analytics with human behaviour and management issues will be an important imperative for business leaders,” said Professor Rajendra Srivastava, Dean, Indian School of Business.
“Our collaboration with Microsoft India will enable us to use AI to understand new phenomena that are relevant for business as well as policy and subsequently disseminate the knowledge to business leaders who will need to transform their businesses through artificial intelligence to compete effectively,” he added.ISB’s executive programme, titled “Leading Business Transformation in the Age of AI” will enable C-suite executives to come up with a coherent strategy to transform their respective organizations into AI-driven organizations.
The three-day non-technical programme is done under the purview of Microsoft’s online AI Business School.”It will also enable social science researchers to derive new insights from data and explore phenomena that were, hitherto, unexplored,” said Professor Anand Nandkumar, Associate Dean, Indian School of Business (ISB). (IANS)
Seeking consumers’ participation in curbing tax evasion, Finance Minister Piyush Goyal on the eve of completion of one year of GST rollout on Saturday appealed to them to insist on bill for every purchase saying it would help the government check evasion and reduce tax rate on each item by as much as 4-5 per cent. He further said the government would start a three-digit consumer helpline number to enable them to lodge complaint against erring traders or any other kind of tax evasion.
Touted as the biggest indirect tax reform since Independence, the Goods and Services Tax (GST) was rolled out last year on July 1. “I want to appeal to the people that they should demand a bill whenever they go to purchase any goods. If you start asking for a bill…if there’s awareness about this, then we can reduce rates by 4-5 per cent for every item (under GST),” Goyal told reporters here.
He said if any shop says that they will sell at a lower price if the consumer does not demand a bill, then the consumer should immediately file a complaint, he said. “We will soon provide a three-digit simple number which will work as a call centre where customers can complain. We will ensure full confidentiality of the complainant,” Goyal said. The endeavour will be to start the helpline number within 15-20 days, he said. A nationwide campaign too could be launched for creating consumer awareness about demanding bills for purchases made. “If everyone starts giving bill then competition will be on quality and customer service and not on ability to cheat the system,” Goyal said. He further said the government wants to reduce the burden of taxation on consumers but revenue needs to increase and support of states is also needed to cut rates where it is essential.
With formalisation of economy, the government will have more elbow room to reduce rates, he said.
Goyal also assured small businesses if they face any trouble, then they can write to him and it would be resolved. He said amendments would be introduced to the GST law in monsoon session to increase composition scheme threshold from the current Rs 1 crore. The GST Council had last year decided to increase the threshold to Rs 1.5 crore and also decided to amend the law to increase the statutory threshold to Rs 2 crore. (IANS)