The Assam Tribune

TVS Scooty sales breach 5-mn mark

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CHENNAI, Oct 26: Two and three-wheeler major TVS Motor today said the company registered the five million units milestone for its popular scooter TVS Scooty.

TVS Scooty is the longest running gearless scooter in the market and has been on an iconic journey since its launch. It has been synonymous with female mobility in the country for more than three decades, a company statement said here.

TVS Scooty matched the evolution of its consumer every step of the way and it is an ideal vehicle for the everyday commuter.

Equipped with ETFi Ecothrust engine, the company claimed that it offers comfortabl­e ride with 15 per cent better mileage and performanc­e, the statement added. ' PTI

NEW DELHI, Oct 26: Multilater­al developmen­t bank Asian Infrastruc­ture Investment Bank (AIIB) today said it will support India in ramping up its healthcare infra facilities to meet future health challenges.

The Beijing-based funding institutio­n said it is working with the Indian government to develop climate-resilient infrastruc­ture projects.

#When we do screening of project proposals, we work with the Indian government to ensure that priority is given to infrastruc­ture projects which could deal with climate change. This is very much in our mind and we are making very important progress in this regard,% AIIB President Jin Liqun said in a virtual conference on the sidelines of the annual meeting.

He said AIIB has financed the project to deal with the pandemic in India and appreciate­d the fact that the Indian government has been containing the COVID-19 pandemic.

#What we are looking forward to is that we can quickly go back to normal infrastruc­ture investment operations in the country, which can also help in improving the healthcare systems. Moving forward, we will look at both the climate-resilient infrastruc­ture and also supporting India"s effort to improve its healthcare system. There should be a proper balance between physical infrastruc­ture and social infrastruc­ture,% he said.

AIIB believes that there is a huge need for India given the size of population to strengthen its healthcare system, he added.

Liqun also announced that AIIB will align its operations with the goals of the Paris Agreement by July 1, 2023.

The bank currently estimates its cumulative climate finance approvals to be $50 billion by 2030. This amount would represent a four-fold increase in annual climate finance commitment­s since AIIB started publicly reporting the number in 2019.

Earlier this year, the AIIB announced it would target at least a 50 per cent share of climate finance in actual financing approvals by 2025.

#Today"s announceme­nt reinforces AIIB"s long-standing pledge to support climate action in line with the Paris Agreement.

We think the way forward needs greater participat­ion by the private sector on all fronts, so that we can collective­ly deliver on the promise of building an inclusive, equitable and sustainabl­e future,% he said.

The Paris Alignment commitment would apply to sovereign and non-sovereign projects, including investment­s made via financial intermedia­ries.

AIIB is currently testing a rigorous process to ensure projects meet low-carbon and climate-resilient standards consistent with the Paris accord. The approach draws on the internatio­nal standards and frameworks currently being developed in collaborat­ion with other multilater­al developmen­t banks. ' PTI

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