Natural Resources

Collaboration key for national mapping agencies, private firms: Report

A leading think tank has made a strong pitch for collaboration between the national mapping agencies (NMAs) and the private sector to build space infrastructure and geospatial knowledge services, which find applications in various economic sectors. A report 'Evolving Role of National Mapping Agencies Transitioning to Geospatial Knowledge Infrastructure', released recently by Geospatial World a think tank in space and geospatial technologies, cited examples of collaborations by national mapping agencies and the private sector in countries such as Germany, Switzerland, Canada, Singapore and the US. "Given the critical importance of space and geospatial solutions to national mission programmes, delays in these areas mean lost opportunities. Therefore, globally a mission-mode approach is needed to build space infrastructure and geospatial knowledge services through public-private partnerships," said the report, which was released recently. It said that the Geospatial Knowledge ...

Will lead in biomanufacturing on abundant bioresources: Minister Singh

Union Minister Jitendra Singh said on Saturday that bio-manufacturing will shape the future of global economy, and India is well-positioned to lead this revolution due to its abundant bio-resources. "India has an opportunity to lead the next big revolution which will be driven by bio-manufacturing. While the west led the IT revolution, India, with its immense and largely untapped bio-resources, is ready to take the lead," Singh said. He said that bio-manufacturing offers solutions to global challenges like climate change, resource depletion, waste generation, and pollution. It can help meet the growing demand for food and fuel while also creating new jobs. Singh said that India currently imports most of its crude oil, but bio-manufacturing, using biomass and carbon dioxide, can make the country more self-reliant in fuel production. Also, it could support the dairy industry through non-dairy milk alternatives, promoting resource sustainability. Last week, the Union Cabinet approved

Prez Murmu urges people to pay equal attention to 'wounded' Mother Nature

President Droupadi Murmu on Wednesday urged not to treat the human rights issue in isolation and sought "equal attention" to nursing the natural environment, lamenting that Mother Nature has been "deeply wounded" by human indiscretions. Addressing a gathering at the biennial conference of national human rights institutions of the Asia Pacific at Vigyan Bhawan, she also said the love for nature should be rekindled to conserve and enrich it "before it is too late". The event is being organised by the National Human Rights Commission (NHRC), India, in collaboration with the Asia Pacific Forum (APF) from September 20-21. Murmu said she looked at the list of conferences the forum previously held and expressed her happiness that this is the first in-person sitting in the post-Covid phase. "I am told that the conference is being attended by nearly 100 foreign delegates," she said. Murmu also underlined the degradation the natural environment is facing. "Human beings are as good a creato

Tripura CM Saha seeks investment to explore state's natural resources

Asserting that Tripura has immense opportunities, Chief Minister Manik Saha on Monday urged investors to invest in exploring the state's natural resources. Addressing the National Conference on Agri-Horticultural Crops at Pragna Bhavan here, Saha said Tripura has a lot of potential for rubber-based industries as it produces 94,000 mt of natural rubber annually, the second highest after Kerala. "Tripura has already begun exporting rubber thread which has a great demand in Bangladesh. We are trying to promote rubber-based industries by roping in tyre manufacturers," he said, adding that the state could also export furniture made of rubber, which is economically viable. The state government has taken several steps to produce quality rubber sheets, he said. Stating that Tripura has huge reserves of natural gas, Saha urged businesses to invest in the sector. The chief minister said the state grows as many as 21 species of bamboo. "Bamboo tiles made in the state were used in the new ..

Cries grow louder about depleting resources as India becomes most populous

Standing on the terrace of a three-storied building in Sangam Vihar, Asia's largest unauthorised colony, Dula Khan, 63, appears to be at a loss of words. But he gathers himself soon and looks at other roof-tops in the densely populated area, close to the Asola Wildlife Sanctuary, where the soaring skyline tells a distinct story of a delicate balance between rising population and available natural resources. Spread over an area of 5 sq km, Sangam Vihar has an estimated population of about 12 lakh and most of the residents are migrants from economically weaker sections. A large chunk of them depends on water tankers to meet their daily needs. Many blocks lack sewer lines and often the sewage spills onto the streets. There isn't an inch that has not been concretised and the water table has already gone down, says Khan. But he is worried about another issue threatening social harmony. Pointing towards the graveyard just 100 metres from him, Khan, the general secretary of the Sangam Vih

Abundant resources, govt policies make Madhya Pradesh investors' haven

Ravi Jhunjhunwala, chairman and managing director (CMD) of HEG Mandideep, said that Madhya Pradesh has a great atmosphere to work in the field of industrial investment

The people of Jharkhand have made a mark for themselves: CM Hemant Soren

CM Soren added that the state is all set to welcome people from across the nation and one must visit Jharkhand to explore its natural resources, beauty and charm

The people of Jharkhand have made a mark for themselves: CM Hemant Soren

CM Soren added that the state is all set to welcome people from across the nation and one must visit Jharkhand to explore its natural resources, beauty and charm

India Stonemart 2022 exhibition gets enquiries worth Rs 1,200 crore

As many as 1,400 B2B (business-to-business) meetings were held with 116 buyers from 19 countries, and 30,000 visitors came to the show

Nagaland has many unexplored resources, says minister to invite investments

Nagaland has many natural resources, which are yet to be explored and lying underground, state minister Neiba Kronu said, inviting corporates to invest in the state. Addressing the closing session of the Corporate Social Responsibility (CSR) and Investment Conclave on Tuesday night, Kronu said Nagaland has fertile soil and can grow everything. "There is huge scope as all the resources in the state, including mineral resources, petroleum and gold, are unexplored. All these resources are unexplored and lying underground," he said. "Nagaland has a fertile soil and everything can grow here, while the produce has a different taste from other parts of the country," he added. Kronu, the minister for Planning and Coordination, Land Revenue and Parliamentary Affairs, also thanked the corporates for coming forward for the development of the state. "We will expect your visit again. As you go back, share the good things about the state to others, and leave the bad here and forget it," he ...

CAG to release report on natural resource accounting in November 2022

The Comptroller and Auditor General of India on Friday stated it will be coming up with the report on Natural Resource Accounting (NRA) by November, 2022

Govt releases Natural Resource Accounting to track mineral, energy deposits

The asset accounts would help identify alternate economic and energy-based resources, and aid in developing an ecosystem for containing illegal mining

Andhra Pradesh govt struggling for means to fight red sanders smuggling

The recent blockbuster 'Pushpa' laid bare the red sanders smuggling mafia and the high stakes involved in it

Vedanta sees multifold jump in second quarter profit to Rs 4,615 cr

Vedanta Ltd on Friday reported a multifold jump in consolidated net profit to Rs 4,615 crore for the quarter ended September 30, 2021. The company had posted a consolidated net profit of Rs 838 crore in the year-ago period, Vedanta Ltd said in a filing to the BSE. Its consolidated income during July-September 2021 increased to Rs 31,074 crore, compared with Rs 21,758 crore in the year-ago period. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil & gas and metals companies. It has significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa, Namibia, and Australia.

Navy outlines plan to quadruple India's blue economy by the year 2050

Ocean-based trade currently contributes about 4 per cent of India's Gross Domestic Product

Best of BS Opinion: The missing MPC, biodiversity loss, and more

Here's a selection of Business Standard opinion pieces for the day

Biodiversity loss

Business-as-usual will jeopardise sustainable development

Will look into feasibility of exploring resources without licence: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Monday said that the state government will look into the feasibility of exploration of natural resources, including silver, without a licence

How the SC order on use of natural resources could muffle investments

If a resource has become useful only because someone has improved it through an investment, there should be no reason not to let that addition be counted and the valuation determined accordingly

Global resource consumption at 100 bn tonnes for 1st time, recycling falls

Global use of materials is projected to balloon to 170-184 billion tonnes by mid-century, the report said.