AgenciesIndia needs game changing shifts to magnify its health infrastructure while focusing on education, retraining and upskilling of its young population in the medium to long term as this is vital to the recovery and post-COVID-19 development, the UK India Business Council (UKIBC) said.
“Lastly, a shift to green growth should be prioritised. All countries, the UK and India included, must become greener to mitigate the effects of climate change.,” it said in its report ‘Supporting India’s Sustainable Development Goals: The Socio-Economic Impact of UK Businesses in India’, launched at a webinar with UNDP India and NITI Aayog on Wednesday.
The UK and India should expand their partnership in creation of health infrastrcuture, in learning from each other, developing effective technology and managing its rollout,”it said, adding this can create innovative jobs in India as well as improve service delivery and health outcomes.
Talking about education and upskilling, the UKIBC said in its report that it would require improving access to higher education to drive innovation and R&D, and climb up the global supply chain.
As per the report, the UK businesses have most commonly supported the sustainable development goals related to good health and well-being, quality education, gender equality and affordable and clean energy in India.
Further, the report also outlines how the companies determined their socio economic impact (SEI)-related programmes, challenges and opportunities to do more, and the impact of COVID-19 on businesses’ CSR activities, UKIBC said in a statement.
“This first report of the UKIBC’s socio-economic impact initiative outlines the contribution of UK businesses in India relative to the United Nations’ Sustainable Development Goals (SDGs), a set of 17 goals that form the blueprint to achieve a better and more sustainable future for all, as defined by the UN,” it added.
The report also brings to light the challenges that prevent such action as well as examining and comparing India’s needs and the UK’s strengths to support, it added.
“It is heartening to see the foreign businesses and institutions also actively and willingly contributing towards the SDG acceleration in India. It underscores the importance of international cooperation in fulfilling the Agenda 2030,” the statement said quoting NIT Aayog CEO Amitabh Kant.
According to Kant, India is looking at aggressively expanding its renewable energy programme and has made a global pledge as part of the Nationally Determined Contributions to have 40% of cumulative electric power installed capacity from non-fossil fuel sources.
“It is therefore good to see in the findings of the report that clean and affordable energy is a priority area for the UK industry in India,” he said, adding India’s structural and regulatory reforms would ensure a congenial business environment for global investors.
“Lastly, a shift to green growth should be prioritised. All countries, the UK and India included, must become greener to mitigate the effects of climate change.,” it said in its report ‘Supporting India’s Sustainable Development Goals: The Socio-Economic Impact of UK Businesses in India’, launched at a webinar with UNDP India and NITI Aayog on Wednesday.
The UK and India should expand their partnership in creation of health infrastrcuture, in learning from each other, developing effective technology and managing its rollout,”it said, adding this can create innovative jobs in India as well as improve service delivery and health outcomes.
Talking about education and upskilling, the UKIBC said in its report that it would require improving access to higher education to drive innovation and R&D, and climb up the global supply chain.
As per the report, the UK businesses have most commonly supported the sustainable development goals related to good health and well-being, quality education, gender equality and affordable and clean energy in India.
Further, the report also outlines how the companies determined their socio economic impact (SEI)-related programmes, challenges and opportunities to do more, and the impact of COVID-19 on businesses’ CSR activities, UKIBC said in a statement.
“This first report of the UKIBC’s socio-economic impact initiative outlines the contribution of UK businesses in India relative to the United Nations’ Sustainable Development Goals (SDGs), a set of 17 goals that form the blueprint to achieve a better and more sustainable future for all, as defined by the UN,” it added.
The report also brings to light the challenges that prevent such action as well as examining and comparing India’s needs and the UK’s strengths to support, it added.
“It is heartening to see the foreign businesses and institutions also actively and willingly contributing towards the SDG acceleration in India. It underscores the importance of international cooperation in fulfilling the Agenda 2030,” the statement said quoting NIT Aayog CEO Amitabh Kant.
According to Kant, India is looking at aggressively expanding its renewable energy programme and has made a global pledge as part of the Nationally Determined Contributions to have 40% of cumulative electric power installed capacity from non-fossil fuel sources.
“It is therefore good to see in the findings of the report that clean and affordable energy is a priority area for the UK industry in India,” he said, adding India’s structural and regulatory reforms would ensure a congenial business environment for global investors.
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