NITI Aayog’s Assessment

[pib] NITI Aayog launches “Pitch to MOVE”PIBPrelims Only


Note4students

Mains Paper 2: Governance | Government policies and interventions for development in various sectors and issues arising out of their design and implementation.

From UPSC perspective, the following things are important:

Prelims level: Pitch to MOVE

Mains level:  The newscard highlights the importance of clean energy options in manufacture of electric vehicles that gives various benefits.


News

Pitch to MOVE Contest

  1. It is organised by NITI Aayog in collaboration with Invest India and Society of Indian Automobile Manufacturers (SIAM) as a part of a series of engaging featured events in the run up to the main event.
  2. The competition aims to identify and reward the start-ups offering innovative solutions for shared, connected, and environment friendly mobility.
  3. The Startups can be from the domain of Public Mobility, Electric Vehicles, Shared Transport, Last Mile Connectivity, Passenger Transportation, Battery Technology, Automotive IoT, Freight & Logistics, Powertrain/Drivetrain, Experiential, Travel, Mobility Infrastructure and Automotive Electronics etc.
  4. The Mobility Pitch Competition is open to primarily startups from various parts of India who are interested in showcasing their business ideas to jury members.

Aim of the initiative

  1. Startups working in the various fields of mobility can pitch their ideas to industry leaders and Venture Capitalists for raising investments.
  2. With rapidly evolving technologies and business models for delivering mobility services, our goal of cleaner and more efficient mobility systems will be achieved with the help of the dynamic entrepreneurial class of India.
  3. The objective is to harness the latest disruption for generating employment and growth in our country.
  4. Winners of the event will be felicitated by PM during the Global Mobility Summit.

Back2Basics

Global Mobility Summit

  1. Steeply falling technology costs and business – model innovation are driving the world’s transition to renewable energy and electric vehicles.
  2. Against this background, NITI Aayog, in collaboration with various ministries and industry partners, is organising ‘MOVE: Global Mobility Summit’.
  3. This Summit will help drive Government’s goals for vehicle electrification, renewable energy integration and job growth and also speed up India’s transition to a clean energy economy.
  4. MOVE Summit aims to bring together and engage with key stakeholders within the rapidly transforming global mobility landscape and to evolve a public interest framework for a shared, connected, zero emission and inclusive mobility agenda for the future.
  5. The Summit, hence, aims to encourage synergies between indigenous industries such as Automobile Manufacturing, Information Technology, Electronics, Telecommunications and others, to integrate with global supply chains and cement India’s position as a progressive, forwarding looking nation.

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