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Energy key engine of India’s growth: Sushma
New Delhi, April 12 (IANS) External Affairs Minister Sushma Swaraj on Thursday said that energy is the key engine of India’s economic growth and has also become a key element of New Delhi’s diplomatic engagement and outreach.
“Oil and gas are not only strategic commodities, but price variations impact people down to the bottom of the pyramid,” Sushma Swaraj said while delivering the valedictory address at the 16th International Energy Forum Ministerial Meeting here.
“As the third largest consumer of energy, we carefully observe the shifts in centre of gravity of the oil and gas world, the potential technology disruptions, the financialisation of the oil markets, climate change imperatives and innovations,” she said.
“All these elements have an ingrained capacity to create sudden and disruptive pressure on the operations of global energy assets and energy supplies.”
Stating that as the External Affairs Minister, energy was beginning to occupy more and more space in her world world view, Sushma Swaraj said: “Energy is a key engine of our economic growth. It is also a key element of our diplomatic engagement and outreach.”
In terms of clean energy, she said that India took the lead in the formation of the International Solar Alliance.
Launched by Prime Minister Narendra Modi and then French President Francois Hollande at the Paris climate summit in 2015, the ISA was conceived as a coalition of solar resource-rich countries to address their special energy needs and provide a platform to collaborate on dealing with the identified gaps through a common, agreed approach.
It is open to all 121 prospective member countries falling between the Tropics of Cancer and Capricorn.
“Of the 121 prospective nations, 61 have joined the alliance, 32 have also ratified the framework agreement,” Sushma Swaraj said.
Stating that India has started the world’s largest renewable energy expansion programme, she said: “We will generate 175 GW of electricity from renewable sources of energy by 2022, of which 100 GW will be from solar power. We have already achieved 20 GW installed solar power.”
With India’s per capita energy consumption being almost one-tenth of that of some of the advanced countries, she assured the gathering that “we will be responsible in our incremental energy consumption”.
“However, in this regard, India expects the world to share technology knowhow and partnership to achieve the objective of providing clean and affordable energy to its citizen,” she said.
The External Affairs Minister also said that India accords high priority to promoting a gas based economy.
“Currently natural gas forms a relatively small share of the energy mix. Gas infrastructure projects of over $8 billion are under implementation across the country.
“We aim to increase share of natural gas in energy mix from current 6.5 per cent to 15 per cent by 2022.”
Sushma Swaraj said that India will leap from Euro IV to Euro VI fuel by April 2020 and there was a concerted effort to replace fossil fuels by bio-fuels.
The three-day IEF that concluded on Thursday was attended by 40 energy ministers, 10 heads of international organisations and top CEOs among others.
–IANS
ab/mr
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.
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