The Assam Tribune
TVS Scooty sales breach 5-mn mark
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