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Narendra Modi

In a historic and diplomatically significant visit, Prime Minister Narendra Modi became the first Indian Prime Minister to set foot in Ukraine since the nation gained independence in 1991. This visit, which included a crucial meeting with President Volodymyr Zelensky, has been widely covered by global media as a positive step in India’s carefully balanced foreign policy amid the ongoing Russia-Ukraine conflict.

A Delicate Diplomatic Dance

Prime Minister Modi’s visit to Ukraine is the latest in a series of strategic moves that showcase India’s nuanced approach to international diplomacy. By maintaining strong ties with both Russia and Ukraine, India has positioned itself as a neutral power capable of engaging with both sides of the conflict. This delicate balancing act is evident in Modi’s actions on the global stage, where he has consistently advocated for peace and dialogue while preserving India’s national interests.

During his trip to Moscow just last month, Modi was seen warmly embracing President Vladimir Putin, a gesture that underscored the enduring relationship between India and Russia. Russia remains a key partner for India, particularly in terms of defense and energy. However, India’s engagement with Ukraine has also been significant, signaling its commitment to a balanced and independent foreign policy.

The Peace Summit and India’s Stance

Earlier this year, India sent a representative to a Ukrainian-organized peace summit, an event that Kyiv hoped would garner international support for its negotiating positions. While India did not sign the communique at the summit’s conclusion, which supported three key points of Ukraine’s peace plan, its participation was nonetheless a notable diplomatic gesture. This move highlighted India’s willingness to engage with Ukraine while refraining from taking a definitive stance that could alienate its long-standing ally, Russia.

Global Media Reactions

The global media has largely praised Modi’s visit to Ukraine as a positive and strategic move. Analysts have noted that India’s ability to engage with both Russia and Ukraine without alienating either side is a testament to its growing influence on the global stage. The visit has been seen as a reaffirmation of India’s commitment to peace and stability in the region, with Modi positioning himself as a potential mediator in the conflict.

A Historic Moment

Prime Minister Modi’s visit to Ukraine marks a significant milestone in India’s foreign policy. As the first Indian leader to visit the country since its independence, Modi’s actions have set a new precedent for India’s engagement in Eastern Europe. His meeting with President Zelensky was not just a diplomatic gesture but a statement of India’s intent to play a constructive role in global affairs.

Looking Ahead

As the world watches the unfolding events in Ukraine, India’s role as a neutral and influential player will likely continue to grow. PM Modi’s visit has laid the groundwork for future diplomatic efforts, with India poised to contribute to peace and stability in the region. The visit also reflects India’s broader strategy of maintaining strong ties with key global players while advocating for dialogue and peaceful resolution of conflicts.

In conclusion, PM Modi’s historic visit to Ukraine has been widely recognized as a masterstroke in diplomacy, showcasing India’s ability to navigate complex international dynamics with finesse. As the first Indian Prime Minister to visit Ukraine, Modi has not only made history but has also reinforced India’s position as a key player on the global stage.

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In a landmark event, Prime Minister Narendra Modi’s visit to Poland marks the first time in over four decades that an Indian leader has set foot in the country. The last visit by an Indian Prime Minister was by Morarji Desai in 1979, making Modi’s trip not just a diplomatic engagement, but a significant milestone in India’s evolving foreign policy.

During a warm gathering with the Indian diaspora in Poland, PM Modi humorously noted the significance of his visit, saying, “It is my good fortune to bring about many firsts,” referencing his earlier visit to Austria, which was also the first by an Indian Prime Minister in nearly four decades. His words, met with laughter and applause, underscored the shift in India’s approach to international relations.

For decades, India maintained a policy of non-alignment, keeping a calculated distance from many nations. This approach, rooted in the geopolitical realities of the 20th century, has seen a radical transformation under PM Modi’s leadership. “Today’s India wants to connect with everyone,” he declared, emphasizing a new era of diplomacy where India actively engages with nations across the globe.

PM Modi’s visit to Poland is not just about bilateral relations but reflects India’s increasing role in global matters, particularly in Europe and the Middle East. The visit comes at a time when India is playing a crucial role as a mediator in conflicts like the Russia-Ukraine war and the Israel-Hamas situation. Modi’s efforts to act as a peacemaker have been widely recognized, enhancing India’s stature as a global leader committed to peace and stability.

The visit also marks the 70th anniversary of diplomatic relations between India and Poland, a partnership that has grown substantially over the years. With a bilateral trade volume of around $6 billion, Poland has emerged as India’s largest trading partner in Central and Eastern Europe. Indian investments in Poland are estimated at $3 billion, with Polish investments in India around $1 billion, highlighting the economic significance of this relationship.

As PM Modi continues his diplomatic tour, his visit to Poland symbolizes a new chapter in India’s foreign policy—one that is more connected, engaged, and influential on the global stage. The world is witnessing a more assertive India, one that is not just a participant in international affairs but a key player shaping global dynamics.

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In a historic Independence Day speech from the ramparts of the Red Fort, Prime Minister Narendra Modi made a compelling case for the implementation of a Uniform Civil Code (UCC) in India. This landmark proposal, which aims to unify the diverse personal laws governing different religious communities, marks a significant moment in India’s journey towards a more inclusive and equitable society.

A Call for Change

Prime Minister Modi’s speech resonated with the urgency of the times, emphasizing the need to eliminate laws that create divisions based on religion. “Laws that divide the country have no place in a modern society and must be done away with,” he asserted. The Prime Minister highlighted the repeated calls by the Supreme Court for a uniform civil code, framing it as not just a legal necessity but a constitutional mandate.

“The Supreme Court has repeatedly held discussions on uniform civil code, given orders, because a large section of the country feels, and rightly so, that the current civil code is a communal civil code, a discriminatory civil code,” PM Modi said. His remarks reflect a growing consensus that the existing personal laws, which vary according to religion, perpetuate inequality and are inconsistent with the vision of a secular nation.

Fulfilling the Dream of the Constitution

The Prime Minister reminded the nation that the concept of a Uniform Civil Code was envisioned by the framers of the Indian Constitution. “The Constitution tells us, the Supreme Court tells us to, and it was the dream of the Constitution makers. So it is our duty to fulfill it,” he stated. This appeal to the foundational principles of the nation underscores the government’s commitment to realizing the ideals of justice, equality, and fraternity for all citizens.

Towards a Secular Civil Code

PM Modi’s call for widespread discussion and consultation reflects the sensitive nature of the issue. He urged all citizens to engage in constructive dialogue, to share their opinions, and to contribute to the shaping of a new legal framework that transcends religious divides. “Time demands a secular civil code. And then we will be free of religious discrimination,” the Prime Minister declared, outlining a vision of India where all citizens are equal under the law.

Political Implications

This bold move aligns with the BJP’s longstanding commitment to a Uniform Civil Code, as articulated in its manifesto for the Lok Sabha elections. Several BJP-led state governments have already initiated steps towards implementing a UCC at the state level. The Prime Minister’s remarks signal a clear intent to address this contentious issue at the national level during the government’s current term.

A New Chapter in India’s Journey

The proposal for a Uniform Civil Code is not just a legal reform; it is a step towards creating a more united and just India. As the nation celebrates its 78th Independence Day, Prime Minister Modi’s call for a secular civil code sets the stage for a new chapter in India’s journey towards true equality and social harmony.

In the coming months, as discussions unfold and the nation grapples with the complexities of this transformative proposal, the vision of a unified legal framework that upholds the rights and dignity of every citizen will remain at the forefront of India’s collective conscience.

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New Delhi,1st August 2024: The 11th New Delhi edition of Gartex Texprocess India commenced today with a grand opening at the state-of-the-art expo centre, Yashobhoomi, IICC, Dwarka, New Delhi. Chief Guest, Shri Giriraj Singh, Minister of Textiles highlighting FDIs and joint venture as huge opportunities in the sector.

The show floor is packed with more than 180 exhibitors presenting 600+ brands from countries like India, China, Italy, Japan, Singapore, Taiwan, USA and to showcase the advancements from the world of textiles and garment manufacturing industry.

The 11th edition of the show was inaugurated today in the presence of the esteemed dignitaries of the textile industry, which included:

  1. Chief Guest: Shri Giriraj Singh, Minister of Textiles, Government of India
  2. Mr. Elgar Straub, Managing Director, VDMA Textile Care, Fabric & Leather Technologies
  3. Mr. Sharad Jaipuria, President, Denim Manufacturers Association & Chairman & Mnaging Director of Ginni International Ltd
  4. Mr Simon Lee, Managing Director of Hyosung Group ( Hyosung corporation India Pvt Ltd & Hyosung India Pvt Ltd)
  5. Mr Aamir Akhtar, Group President & CEO Textiles, Jindal Worldwide Limited

Addressing the gathering the Chief Guest, Shri Giriraj Singh, Hon’ble Minister of Textiles, expressed: “I see a very good programme organised with the knowledge sessions, product display and B2B networking opportunities. I thank all the companies associated with garment, machinery, fabrics and denims industry for this.” His address emphasised on encouraging the joint ventures, FDI and collaborative progress within the textile manufacturing between suppliers and manufacturers and brands. He also mentioned that that after agriculture, if there is any sector that has employment potential then it is textiles. Indian government will work in collaboration with the agriculture and textile department to drive the sector ahead. He also emphasised that ‘handlooms’ is one significant sustainable fabric.

Gartex Texprocess India has consistently been at the forefront of showcasing innovations and emerging trends in the textile and garment industry. This edition is featuring an array of innovative product launches from various brands catering to denims, machinery manufacturing, sewing machines, fabrics, trims, accessories and more.

Mr. Raj Manek, Executive Director and Board Member of Messe Frankfurt Asia Holdings Ltd, expressed his enthusiasm on the inauguration of the 11th New Delhi edition. He said: “We are thrilled with the overwhelming response to the 11th edition of Gartex Texprocess India from the industry stakeholders. The Indian government’s focus has been on manufacturing and it gives us the immense pleasure to witness the advancements in textiles and garment manufacturing solutions, denims and more from 200+ exhibitors. This reflects the vibrant and dynamic spirit of this sector.”

Mr. Gaurav Juneja, Director of MEX Exhibitions Pvt Ltd, added: “The impressive turnout and participation from leading brands and international exhibitors highlight the significance of Gartex Texprocess India in driving the future of the textile and garment manufacturing industry. We look forward to positive and successful show with business discussions, networking, knowledge sharing and innovations across three days. “

Day two dedicated to denims will present knowledge rich sessions from Denim industry experts who will discuss everything right from denim manufacturing to its sustainable solutions. The sessions will touch upon areas like laundry automation, sustainability, innovations in denims and how can AI tools be utilized to identify the denim trends as well as lifecycle assessment of denims. These discussions will offer the attendees a lot of crucial insight on denims that will help professionals explore their knowledge, practices and processes.

Organized by MEX Exhibitions Pvt Ltd and Messe Frankfurt Trade Fairs India Pvt Ltd, the three-day trade fair will continue to showcase industry trends and innovations till 3rd August 2024.

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Prime Minister Narendra Modi is set to initiate the construction of the Shinku La tunnel in Ladakh, marking a significant step towards enhancing all-weather connectivity from Manali in Himachal Pradesh to Leh via the Nimmu-Padam-Darcha axis. This event, referred to as the “first blast,” will be conducted remotely from the Kargil war memorial in Dras on Friday, where Modi will also pay tribute to Indian soldiers on the 25th anniversary of the Kargil War.

The Shinku La tunnel, situated at an altitude of 15,800 feet, will surpass China’s Mila tunnel (15,590 feet) to become the highest tunnel in the world. Expected to be completed in four years, this 4.1 km-long tunnel will significantly enhance military mobility and logistics support for deployed forces in the Ladakh sector by providing a reliable alternative route. Once operational, the tunnel will reduce the distance between Manali and Leh by 60 km, bringing it down from 355 to 295 km.

The Nimmu-Padam-Darcha road, which will integrate with the tunnel, is already nearing completion, having achieved connectivity between Nimmu and Darcha in March 2024. This road is being blacktopped, and its strategic importance cannot be overstated. It provides a shorter and more reliable route compared to the traditional Manali-Leh and Srinagar-Leh routes, crossing only one high pass at 16,615 feet.

The timing of this development is crucial as the military standoff between India and China in eastern Ladakh continues into its fifth year, with ongoing negotiations aiming to restore the status quo ante of April 2020.

The Border Roads Organisation (BRO), which is spearheading the construction, has significantly improved strategic mobility along the border with China. Over the past three years, BRO has completed 330 projects worth ₹8,737 crore. Additionally, BRO is on the verge of completing a critical project to provide alternative connectivity to Daulat Beg Oldi (DBO), India’s northernmost military base near the Line of Actual Control (LAC).

The new 130-km road from Sasoma in the Nubra Valley to DBO near the Karakoram Pass is nearing completion. This route will serve as an alternative to the existing 255-km Darbuk-Shyok-Daulat Beg Oldi (DS-DBO) road, which runs close to the LAC. The strategic push for improved border infrastructure has been bolstered by increased spending and the adoption of advanced technologies and techniques.

In line with this infrastructure push, the BRO has been allocated a capital outlay of ₹6,500 crore in the defence budget for 2024-25, marking a 30% increase from the previous fiscal year and a 160% increase from FY 2021-22. This substantial investment underscores the government’s commitment to enhancing India’s strategic capabilities and ensuring robust support for military operations in the region.

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Ashadi Ekadashi, also known as Devshayani Ekadashi or Padma Ekadashi, is a deeply significant day for Hindus, observed on the eleventh day (Ekadashi) of the waxing fortnight (Shukla Paksha) in the Hindu lunar month of Ashadha (June-July). This year, Ashadi Ekadashi will be celebrated on Wednesday, July 17, 2024.

What is Ashadi Ekadashi?

Ashadi Ekadashi heralds the beginning of Chaturmas, a four-month period during which Lord Vishnu is believed to enter a deep, meditative sleep known as Yog Nidra. During this time, Hindus refrain from undertaking major life events such as weddings, adhering to strict religious observances.

Fasting and Celebration

On Ashadi Ekadashi, devotees of Lord Vishnu engage in a rigorous fast, abstaining from grains, certain vegetables, and other specific foods. The day is dedicated to prayer, meditation, and performing puja (worship rituals), seeking Lord Vishnu’s blessings. The fast is traditionally concluded the next day, on Dwadashi Tithi, during a specific Parana time, which varies by location.

Significance of Ashadi Ekadashi

Ashadi Ekadashi is imbued with profound spiritual significance. Observing the fast is believed to bestow good health, wealth, prosperity, and ultimately, Moksha (liberation). Devotees seek the divine blessings of Lord Vishnu, aiming for a life filled with happiness and prosperity.

The Vrat Katha (Fasting Story)

Hindu mythology recounts that a king once faced a devastating drought that brought great suffering to his kingdom. A wise sage advised the king to observe Ashadi Ekadashi with sincere devotion. Following this guidance, the king diligently fasted and prayed to Lord Vishnu. Pleased with the king’s devotion, Lord Vishnu blessed the kingdom with abundant rains, restoring prosperity and joy.

Ashadi Ekadashi in 2024

  • Date: Wednesday, July 17, 2024
  • Parana Time (Fast Breaking Time): To be determined (Varies based on location; consult your local Panchang for specific timings)
  • Significance: Marks the start of Chaturmas, a period of religious observances. Fasting is believed to bring Lord Vishnu’s blessings.

Ashadi Ekadashi is a revered day for millions of Hindus around the world. Through fasting and adherence to tradition, devotees seek the divine blessings of Lord Vishnu, ensuring a life of happiness, health, and prosperity. This observance underscores the importance of spiritual discipline and devotion in Hindu life.

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July 7, 2024 — The Pentagon has reiterated that the United States will continue to view India as a strategic partner, expressing confidence that India will support efforts to achieve an “enduring and just peace for Ukraine.” This statement came as Prime Minister Narendra Modi concluded his historic visit to Russia.

“India and Russia have had a relationship for a very long time. From a US perspective, India is a strategic partner with whom we continue to engage in full and frank dialogue, including their relationship with Russia,” said Pentagon press secretary Major General Pat Ryder during a news conference in New York on Tuesday.

The Joe Biden administration had already conveyed its concerns during Modi’s two-day visit to Moscow. Ryder noted, “As it relates to the NATO summit this week, of course, like you, the world is focused on that.”

Addressing concerns that Russian President Vladimir Putin might use Modi’s visit to portray Russia as less isolated, Ryder emphasized, “President Putin’s war of choice has isolated Russia from the rest of the world, and it has come at great cost.”

Ryder assured that the US will continue to view India as a strategic partner and maintain a robust dialogue with them. He added, “The Prime Minister also met recently with the Ukrainian president and offered his assurances that India will continue to do everything within its means to support a peaceful solution to the war in Ukraine.”

“We trust that India will support efforts to realize an enduring and just peace for Ukraine and will convey to Mr. Putin the importance of adhering to the UN charter and the principles of sovereignty and territorial integrity,” Ryder said.

Meanwhile, Ukraine continues to grapple with the aftermath of a devastating attack. Rescuers were searching the rubble of Ukraine’s largest children’s hospital in Kyiv, which was hit by a Russian missile, killing at least 42 people. Ukrainian President Volodymyr Zelensky, addressing the tragedy on the social platform X, criticized Modi’s visit to Russia. Zelensky said, “It is a huge disappointment and a devastating blow to peace efforts to see the leader of the world’s largest democracy hug the world’s most bloody criminal in Moscow on such a day.”

The Pentagon’s statement underscores the complexity of international relations as the US continues to balance its strategic partnership with India against the backdrop of the ongoing conflict in Ukraine.

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Prime Minister Narendra Modi is set for a pivotal three-day visit to Moscow and Vienna, focusing on the Ukraine war, green fuel, and clean energy. During his visit, PM Modi will engage in private dinners with Russian President Vladimir Putin on July 8 and Austrian Chancellor Karl Nehammer the following day, aiming to bolster India’s energy security and acquire green technologies from both nations.

The visit to Moscow is particularly significant as India seeks to strengthen its energy ties with Russia amidst Europe’s procurement of energy supplies from West Asia at higher prices due to the Ukraine conflict. PM Modi will also explore alternative routes, including the Arctic, for evacuating energy from Russia and consider increased investment in the Russian energy sector.

PM Modi will be physically conferred with the Order of St. Andrew the Apostle the First-Called, the highest state decoration by the Russian Federation. The key discussion between Modi and Putin will center on the ongoing Ukraine war, which continues to destabilize global markets and security. Armed with insights from the recent G-7 summit in Italy, PM Modi will urge President Putin to return to the negotiating table, emphasizing the futility of prolonging the conflict.

Additionally, Modi will discuss halting the recruitment of Indians to fight in the Ukraine war and seek to enhance cooperation with Russia in space and nuclear energy. India aims to activate Kudankulam Reactors III and IV with Russian assistance in the next two years and commence work on Reactors V and VI. Further cooperation on India’s Gaganyaan space mission and the future establishment of a space station will also be on the agenda.

Following his engagements in Moscow, PM Modi will travel to Vienna for a private dialogue with Austrian Chancellor Karl Nehammer on July 9. This marks the first visit by an Indian PM to Vienna since 1983, highlighting Austria’s historical ties with India, including contributions by Indologist Joseph Tieffenhaler.

The Ukraine war will also be a key topic of discussion in Vienna, with both India and Austria positioned to play a role in resolving the conflict, which has significant economic implications for the Global South. Austria’s expertise in clean and green technologies, such as converting used cooking oil into green fuel, will be a focal point of the visit. Austrian companies are notably involved in Indian infrastructure projects, including tunneling through challenging terrains in northern India.

Overall, PM Modi’s visit to Russia and Austria will address critical issues of energy security, the Ukraine conflict, and the advancement of green technologies, reflecting India’s strategic priorities on the global stage.

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Read the full interview now and share with your sustainability

Companies now require expertise in sustainability and ESG reporting as well: Prof. Ganesh Channa

Prof. Ganesh Channa, President of the World Environment Council, has a proven track record of environmental action. He’s a visionary leader dedicated to building a sustainable future for our planet. His organization spearheads environmental initiatives across the globe, from planting over a million trees to collaborating with governments on policy changes. In this interview, Prof. Channa shares his insights on how we can all contribute to a greener tomorrow.

Team Reblue: Hi Ganesh Sir, thank you for interviewing with us. So, as you are president of the World Environment Council, to start with, we would like to know what is the objective of the organisation and how long it has been running.

Prof. Ganesh Channa: Yes, it all started in 2019.

We began with the intention of taking on a single project. During that time, I discussed the idea with colleagues and friends. We decided to focus on environmental issues because we felt a strong connection to nature, something I’ve felt since childhood. That’s why we decided to establish a large organization to work on these issues.

Our organization started in Delhi and Solapur. We officially began operations in 2021, but we’ve been working on this platform for the past five to six years.

Currently, we have volunteers and official members in over 120 countries. We function as a non-profit organization.

Our vision is to create a sustainable future and promote social, economic, and environmental well-being in communities around the world.

Our mission is to work together, like stewards of our planet, to create a cleaner, safer, and more eco-friendly world by improving local environmental quality. This is the core of our vision and mission.

Team Reblue: Given your presence in over 120 countries, a pretty large footprint, can you elaborate on how you collaborate with your members? Do you primarily work with governments, businesses, or other entities to achieve your vision of a sustainable future?

Prof. Ganesh Channa: Basically, my idea was to work globally. So, we decided to undertake some projects and connect with those working on environmental issues, like this one. We’d promote it using a major social media platform to maximize benefits. Think Facebook or LinkedIn – these platforms are ideal.

Through these platforms, we can achieve our goals. We can connect with people worldwide, and some might even join us as official members. Others might volunteer their time and effort.

This year, we initiated a few environmental projects. This one, for example, is our first.

This is now our fourth year! We’ve actually planted over 10,00,000 trees across India with our volunteers and supporters.

Essentially, this is an ongoing mission. We plant trees in various locations, ensuring we have the proper information and record everything with evidence. This year, we will implement different projects and activities.

We’ve actually planted over 10,00,000 trees across India with our volunteers and supporters.

Essentially, this is an ongoing mission. We plant trees in various locations, ensuring we have the proper information and record everything with evidence

Team Reblue: What are the participation opportunities for members, and how can members from different countries actively participate?

Prof. Ganesh Channa: Yes, webinars and conferences are possibilities. We can definitely plan these. We’d provide all the information, including banners and other materials. Organizations could then implement the content based on their needs.

The challenge is that we can’t be physically present everywhere.

That’s why we want to connect with everyone. Organizations can connect with us, and we’ll share information about our projects, including those we plan to implement this year. This information will be sent via email and social media to those who connect with us. Organizations can then begin projects using both our banner and their own.

Team Reblue: Given that the company secretary and chartered accountants will likely be involved in sustainability reporting and regulatory matters, how, in your experience, can they contribute to a company’s sustainability goals? In other words, what specific roles can chartered accountants and company secretaries play across various organizations?

Prof. Ganesh Channa: Absolutely. However, there are already existing guidelines like ACD or ACB. These guidelines are used for various reports, including medical reporting, environmental, social, and sustainability (ESD) reporting. All of these reports are typically prepared based on these frameworks.

Accountants can get involved through social audits. There’s a separate platform for them to register and work as social auditors.

Company secretaries are also involved in similar ways.

Finally, we launched our own ESG reporting course last month, including modules on both ESG auditing and ESD reporting. The curriculum, content, and syllabus were all developed by us, along with selecting qualified trainers.

This was a successful pilot batch – a five-day online ESG Sustainability reporting course that recently concluded. We’re operating through an online model, and this batch had students from Arab countries and France, demonstrating successful execution on our own platform.

The demand for qualified professionals goes beyond social auditing. Companies now require expertise in sustainability and ESG reporting as well. There’s a high demand and many recruitment opportunities in these areas, including UNC reporting and sustainability reporting more broadly.

Team Reblue: Are the company secretary and chartered accountant primarily responsible for auditing the sustainability report? Additionally, must the report comply with the specific region’s reporting standards?

 Prof. Ganesh Channa: Yes sir. The issue is that there’s a shortage of qualified social auditors. This is a significant requirement globally and in India, as companies often lack experienced and qualified personnel in this area. Currently, across India, there are only around 500 social auditors.

However, the demand for qualified professionals goes beyond social auditing. Companies now require expertise in sustainability and ESG reporting as well. There’s a high demand and many recruitment opportunities in these areas, including UNC reporting and sustainability reporting more broadly.

Team Reblue: When you mention social audits, do they focus solely on the social aspect of ESG (Environmental, Social, and Governance) within a company’s sustainability strategy and performance? Or does a social audit encompass all three pillars of ESG?

Prof. Ganesh Channa: Yes, ESG is a vast subject, and there aren’t necessarily specialists in every single aspect. This is because countries implement frameworks based on their specific needs. There are various frameworks available, such as GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board), and TCFD (Task Force on Climate-related Financial Disclosures).

An experienced ESG auditor might also be an expert in ESG reporting. Our course focuses heavily on the practical aspects of ESG reporting. This is crucial because real-world applications involve following industry-specific government norms and guidelines. Since readily available information might be limited, we use case studies and practical exercises to help students, as well as those enrolled in our ESG reporting course, understand the process.

Team Reblue: In your opinion, what are the primary factors driving organizations to adopt sustainability initiatives? Are regulations the main reason, or are there other significant motivators?  

Prof. Ganesh Channa: Yes, there are many organizations like KV and others working on sustainability implementation. However, our focus is different. While some organizations focus on specific areas or sectors, we work across various areas, making our approach versatile. This means we can cater to a wider range of needs.

Additionally, unlike some organizations that operate solely at the corporate or industry level, we work from the ground level up to the corporate level. We even collaborate with the government on sustainability initiatives.

So yes, that’s what makes our approach unique.

Team Reblue: Building on your experience, what are the key drivers for companies to enter the sustainability space and implement related initiatives? Are government regulations the primary motivator, or are there other significant factors you’ve observed in the industry?

Prof. Ganesh Channa: There are already government regulations regarding ESG (Environmental, Social, and Governance) and sustainability. These rules apply to both large corporations and smaller companies. As a result, companies need to provide some level of sustainability reporting.

The government doesn’t necessarily need to directly train candidates. They set the requirements, and based on those, organizations develop curriculums, train candidates, and potentially recruit them for government agencies and sectors.

Additionally, there are SEBI (Securities and Exchange Board of India) guidelines. This year, SEBI is likely mandating sustainability audits and unspecified reporting (UC) for over 2000 companies.

Team Reblue: Earlier you mentioned emerging trends and technologies impacting sustainability. In your experience, which of these trends and technologies do you see as most beneficial for companies on their sustainability journey?

Prof. Ganesh Channa: Yes, it really depends on the company’s needs. There are many existing technologies that can be applied to sustainability reporting and auditing. However, companies may struggle to implement them effectively.

This is why some companies establish their own technology for sustainability reporting. These technologies allow companies to input data, generate reports, and streamline the entire process. While physical boards may still be used, technology offers significant benefits.

Furthermore, technology can save the environment. When industries implement specific technologies following relevant guidance, it becomes easier to track their operations and ensure they align with sustainability and ESG goals. Software plays a key role in facilitating this process.

Team Reblue: Regulations related to sustainability are constantly evolving, with new frameworks emerging and older ones potentially becoming obsolete (like the possible duplication of TCFD after COP28 in Dubai). This can be a challenge for companies. How are companies you work with balancing the need to comply with these evolving standards while also making progress on core sustainability initiatives like reducing electricity consumption?  

Prof. Ganesh Channa: There are indeed many frameworks available, but their applicability depends on the specific context. Since India is a vast country with a large population, it may require different criteria and frameworks compared to smaller nations.

Frameworks like GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board) serve as general guidelines. However, the government continuously updates its rules and regulations based on evolving needs.

For instance, the Environment Protection Act was originally enacted in 1986 but was subsequently updated in 2020. These guidelines provide a common framework for India and potentially other countries as well.

The Environment Protection Act (1986) outlines initial sector-specific requirements, including how to prepare projects, reports, and specific writing formats. Over time, these requirements are updated within the Act.

Therefore, there isn’t a single, specific set of criteria. Instead, a common framework is often used as a starting point.

Many people understand ESG is a broad topic, but lack in-depth knowledge. Organizations often hold webinars and conferences, but the information might not be comprehensive.

Team Reblue: There is a huge gap between the availability of people who understand sustainability and the demand for them in industry. What is the best way to bridge this gap? Many industries, including manufacturing, finance, and others, will require personnel with sustainability expertise. What initiatives are governments and industries taking to address this growing demand?

Prof. Ganesh Channa: Many people understand ESG is a broad topic, but lack in-depth knowledge. Organizations often hold webinars and conferences, but the information might not be comprehensive.

The World Environment Council follows government and UNSDG (Sustainable Development Goals) guidelines. We recently participated in the Ocean Conference in Portugal, and based on learnings there, we’re developing legal frameworks for upper ocean protection. We also submitted water protection guidelines to the Indian government.

Additionally, we offer ESG reporting training. Recognizing students coming from diverse fields like nuclear, finance, manufacturing, etc., we developed a practical ESG toolkit for students. This toolkit covers various sectors, including firecrackers, food processing, footwear, and more. It’s designed to be user-friendly and guide students through practical applications of ESG principles.

Our initiative aims to bridge the knowledge and practical skill gap regarding ESG. Many people confuse ESG with GST (Goods and Services Tax). We leverage technology (Microsoft Excel) to create a user-friendly tool where users can simply input their sector, and the tool provides relevant guidelines and reporting procedures.

This is just one of the initiatives undertaken by the World Environment Council to enhance ESG understanding.

Team Reblue: Our discussion covered existing Indian environmental laws. However, are there any potential gaps in the current legal framework that might necessitate new legislation in the near future? Additionally, what specific legal initiatives do you think would be most beneficial in enhancing India’s sustainability efforts?

Prof. Ganesh Channa: Yes, it depends on the government. The Ministry of Environment plays a crucial role, and they do update environmental laws periodically based on evolving needs. However, it’s important to remember that effective implementation relies on both government action and public cooperation.

Additionally, many countries have their own Environmental Protection Acts, which guide their environmental regulations.

AI can be used to analyze vast amounts of data related to a company’s environmental impact, social responsibility, and governance practices. This data analysis can then be used to generate comprehensive and accurate ESG reports, which are essential for financial stakeholders.

Team Reblue: Given our focus on technology and software development, do you have any specific recommendations for companies like our own – Reblue Ventures? What types of software solutions do you see as most beneficial for the sustainability efforts of various industries?

Prof. Ganesh Channa: Yes, there are definitely possibilities for companies like yours. ESG reporting is becoming increasingly important, and AI technology can be a valuable tool in this area.

For instance, AI can be used to analyze vast amounts of data related to a company’s environmental impact, social responsibility, and governance practices. This data analysis can then be used to generate comprehensive and accurate ESG reports, which are essential for financial stakeholders.

So, exploring the use of AI for ESG reporting could be a good direction for your company.

Team Reblue: Awesome. Thank you for doing this interview and sharing your insights with us! We’re sure our readers will get a lot of value from this. 

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In a significant moment of unity, Prime Minister Narendra Modi and Congress leader Rahul Gandhi, who is set to assume the role of Leader of the Opposition, shook hands today in the Parliament as they together welcomed the newly re-elected Lok Sabha Speaker, Om Birla. This gesture marked a fresh chapter in the 18th Lok Sabha.

The Election of Om Birla

The election results were declared by Pro-tem Speaker Bhartruhari Mahtab after the Opposition, which had put forward Congress MP K Suresh as its candidate, chose not to push for a vote on the motion. This led to a smooth re-election for Om Birla, who will now serve as the Lok Sabha Speaker for a second term.

Following the announcement, Prime Minister Modi, accompanied by Parliamentary Affairs Minister Kiren Rijiju and Rahul Gandhi, approached Om Birla’s seat in the front row of the treasury benches to escort him to the Speaker’s chair.

Congratulatory Messages

In his congratulatory message, Prime Minister Modi expressed his confidence in Birla’s leadership, saying, “It is a matter of honour that you have been elected to this chair for the second time. I congratulate you on behalf of the entire House and look forward to your guidance for the next five years. Your sweet smile keeps the entire House happy.”

Rahul Gandhi, representing the Opposition and the INDIA alliance, also extended his congratulations, emphasizing the importance of the Speaker’s role in parliamentary democracy. “You are the final arbiter of people’s voice. The government may have political power, but the Opposition also represents the voice of the people. The Opposition would like to assist you in your work, and I am confident you will allow us to speak in the House,” Gandhi said.

The Role of the Leader of the Opposition

The role of the Leader of the Opposition in India dates back to 1969 when Ram Suhag Singh first held the post. Since then, it has evolved to become a cornerstone of parliamentary democracy. The Leader of the Opposition plays a key part in the appointment of key officials such as the Chief Election Commissioner (CEC), the Central Vigilance Commissioner (CVC), and members of the Central Bureau of Investigation (CBI), the National Human Rights Commission (NHRC), and the Lokayukta. This role ensures a check and balance within the government, holding it accountable to the public.

A New Chapter in Parliamentary Democracy

As the 18th Lok Sabha begins its journey, the collaborative spirit shown by Prime Minister Modi and Rahul Gandhi in welcoming Speaker Om Birla signifies a hopeful start. Their handshake and mutual respect underscore the potential for constructive dialogue and cooperation, crucial for addressing the nation’s challenges and advancing its democratic processes. The coming years will test this unity and the effectiveness of the new leadership roles, shaping the future of India’s parliamentary democracy.

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