Never miss a story

Get subscribed to our newsletter


×
Audi unveils its first production all-electric vehicle, the e-tron sport utility vehicle, at an event in Richmond, Calif. VOA

With government committed to bringing the electric vehicle (EV) revolution to India in the next few years, the industry expectations from the Union Budget 2019-20 run high.

Among the key demands are priority-lending by PSU banks for purchase of EVs and raising government subsidy to push sales.


“Today, nobody is giving loans to electric vehicles. Some instruction should be given by the RBI to public sector banks for priority-lending to the EV sector. Then, a clean air campaign should be launched on the lines of Swachh Bharat to raise awareness,” Sohinder Gill, President, Society of Manufacturers of Electric Vehicles (SMEV) told IANS.

Gill said that the government does not need to provide financial assistance. By simply re-introducing the principle of “polluter pays”, it can levy a small green cess and raise funds.

Seeking tax incentives, the e-vehicle sector has argued that these would boost the government’s flagship manufacturing scheme Make in India and drastically cut down vehicular pollution in the country.


The survey indicates very healthy awareness and potential willingness among the respondents to consider purchasing electric vehicles. Flickr

The Modi government wants to hasten the adoption of green vehicles. Its think tank Niti Aayog has put forward a plan to shift to e-mobility for two-wheelers (below 150 cc) and three wheelers by 2025.

“EVs shall serve the dual purpose of improving the health of the Indian economy by improving the manufacturing sector, generating employment as well as the environmental health of our country,” said Rakesh Nangia, Managing Partner, Nangia Advisors (Andersen Global).

Also Read- South Korean Tech Giant Samsung to Spur Innovation as Biz Challenges Rise

India has so far been rather slow in adopting green vehicles for reasons ranging from poor infrastructure, low speed to unaffordable prices. The share of electric vehicles out of total annual vehicle sales in the country is less than 1 per cent.

Major players in the electric vehicle space, include Hero Eco, Mahindra Reva, Electrotherm, Avon, Lohia and Ampere among others. (IANS)


Popular

Unsplash

away but the universe that surrounds them.

By Sukant Deepak

He describes himself as a 'Shiv bhakt' and a 'Muslim Jogi'. In his world, stories are not mere tales that entertain, but a tool to reinforce contemporary realities among listeners. Rich in metaphors, vivid with minute details, Jumme Khan likes to transport his audiences not to a world far away but the universe that surrounds them.

Part of a Jogi family from Pinan village in Alwar, Rajasthan and accompanied by his band of musicians, he uses a combination of harmonium, chimta, dholak, and the single-stringed bhapang - his instrument of choice - to retell stories that resound across generations. "The key here is connection. Unless people can relate, they will not enjoy it. To touch them, we have to decipher the common truth, find that elusive thread that binds us all. That is when the audience becomes one with the storyteller," he tells IANS.

Follow NewsGram on Twitter to stay updated about the World news.

Khan, who enthralled the audience with the oral tradition of the improvisatory, communicative story-telling style of the Jogis at the recently concluded 'Mahindra Kabira Festival' in Varanasi, started singing when he was 13-years-old, and there has been no looking back ever since. "But it never gets repetitive. Every day on the stage is a new one. One is forever in search of something new that will resound with the audience," says Khan, who has also penned a song on the ongoing Corona pandemic.

For him, the magic of folk is unparalleled. He insists that nothing can replace the enigma of folk music in any culture. "Of course, this does not mean that steps are not taken to preserve it. We have seen a decline in the number of folk artists in the past few decades. But the immense power of folk seldom fails to move the audiences, including those who have always had access to modern entertainment," says Khan.

But he does feel that culture has taken a back seat in modern education. Remembering the time when schools would regularly organise cultural activities for students, he says, "It seems nowadays everything is about academics. How can we forget the fact that music and the arts play an indispensable role in all-around development? Culture opens an altogether new horizon, imparts a vision and understanding about the self. At least, give the children access and introduce them to different art forms including music. Let them decide if they want to pursue or not."

Keep Reading Show less
Wikimedia Commons

The cosmetic industry is ever-changing and always gives us something new to wish for.

By IANSlife

Today, we are exposed to a gazillion beauty product launches every now and then. The cosmetic industry is ever-changing and always gives us something new to wish for. But how much thought do we actually put in before buying the skincare product for ourselves? You should always pay attention to the products and their ingredients. Choosing products from a company with a reputable line of products can be helpful, since each component may be designed to work in conjunction with the others. You can also be assured of the products' quality and may better be able to predict how your skin will react to trying a different product in the same line.

Skin is one of the largest organs of the body. Because of this, caring for your skin can directly affect your overall health. Your skin acts as a protective shield and is most vulnerable to outside elements. It's affected by more factors than you may think. In addition to this, your health also affects your choice of skincare products and vice-versa.

Nandeeta Manchandaa, Founder of ENN shares the whys and hows:

Let's talk Vitamins: Your body needs all essential vitamins for proper functioning and if any vitamin is a miss, then effects show on your skin too. Like- dark spots, pigmentation are often seen on people with melanin issues, or even in pregnant ladies. So Vitamin-C rich products are the go-to to combat this issue.

red and brown medication pill Your body needs all essential vitamins for proper functioning and if any vitamin is a miss, then effects show on your skin too. | Photo by Raimond Klavins on Unsplash

Keep Reading Show less
Flickr

Hackers have stolen crypto tokens worth $120 million from Blockchain-based decentralised finance (DeFi) platform BadgerDAO.

Hackers have stolen crypto tokens worth $120 million from Blockchain-based decentralised finance (DeFi) platform BadgerDAO. Several crypto wallets were drained before the platform could stop the cyber attack. In a tweet, Badger said it has received reports of unauthorised withdrawals of user funds. "As Badger engineers investigate this, all smart contracts have been paused to prevent further withdrawals. Our investigation is ongoing and we will release further information as soon as possible," the company said late on Thursday.

According to the blockchain security and data analytics Peckshield, the various tokens stolen in the attack are worth about $120 million, reports The Verge. According to reports, someone inserted a malicious script in the user interface (UI) of their website. Badger has retained data forensics experts Chainalysis to explore the full scale of the incident and authorities in both the US and Canada have been informed. "Badger is cooperating fully with external investigations as well as proceeding with its own," it said. DeFi is a collective term for financial products and services that are open, decentralised and accessible to anyone. DeFi products open up financial services to anyone with an internet connection and they are largely owned and maintained by their users. While the attack didn't reveal specific flaws within Blockchain tech itself, it managed to exploit the older "web 2.0" technology that most users need to use to perform transactions, according to reports. (IANS/ MBI)


Keep reading... Show less