ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

BRICS Conference 2023 fosters sustainability and competition
ECONOMY & POLICY

BRICS Conference 2023 fosters sustainability and competition

Addressing the eighth BRICS International Competition Conference 2023 in the national capital, NCLAT Chairperson Ashok Bhushan highlighted the crucial need for effective cooperation among BRICS nations. He emphasised the necessity of striking a delicate balance between promoting sustainability and competition to tackle intricate challenges. Bhushan stressed the significance of free and fair competition in the marketplace and called for a robust mechanism to regulate digital markets.

In his keynote speech, he underscored that strong anti-trust enforcement is a fundamental component of the comprehensive public policy framework governing companies. He also pointed out that the incorporation of sustainability into competition law could drive innovation, encourage the development of cleaner technologies, promote renewable energy sources, and offer sustainable solutions across diverse industries.

The conference, expected to draw over 600 delegates, aims to foster discussions on these critical issues and will conclude on Friday. Bhushan noted that the last time India hosted this conference was in 2013, highlighting the importance of ongoing international cooperation in addressing contemporary challenges.

Addressing the eighth BRICS International Competition Conference 2023 in the national capital, NCLAT Chairperson Ashok Bhushan highlighted the crucial need for effective cooperation among BRICS nations. He emphasised the necessity of striking a delicate balance between promoting sustainability and competition to tackle intricate challenges. Bhushan stressed the significance of free and fair competition in the marketplace and called for a robust mechanism to regulate digital markets. In his keynote speech, he underscored that strong anti-trust enforcement is a fundamental component of the comprehensive public policy framework governing companies. He also pointed out that the incorporation of sustainability into competition law could drive innovation, encourage the development of cleaner technologies, promote renewable energy sources, and offer sustainable solutions across diverse industries. The conference, expected to draw over 600 delegates, aims to foster discussions on these critical issues and will conclude on Friday. Bhushan noted that the last time India hosted this conference was in 2013, highlighting the importance of ongoing international cooperation in addressing contemporary challenges.

Next Story
Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Next Story
Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat’s efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Next Story
Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India’s Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement