Mineral production grows by 8 percent in February (See 'Corp Brief') SARFAESI Act - Court refrains to adjudicate matter on merits when matter is already pending in DRAT : HC (See 'Legal Desk') Coal production in April up by 7.4% (See 'Corp Brief') SEBI Act - Appellants have made case for stay as rigours of directions of SEBI order would adversely affect business of Appellant as well as their clients : SAT (See 'Legal Desk') Trade Mark Act - Marks 'BETSONE' and 'BETASON' are deceptively similar to registered trademark 'BETNESOL' and visually, phonetically and structurally alike, with minimal alterations : HC (See 'Legal Desk') Voting by tribal communities blossoms as ECI's outreach to them bears fruit (See 'Corp Brief') SARFAESI Act - No fault can be found with respondent financial institution invoking Section 14 of SARFAESI Act by approaching District Magistrate, Rewa : HC (See 'Legal Desk') Ministry of Parliamentary Affairs observes Swachhata Pakhwada (See 'Corp Brief') Arbitration Act - Arbitral award cannot be interfered with if view of arbitral tribunal is plausible one : HC (See 'Legal Desk') IBC - Asset memorandum shall not be accessible to any person during liquidation : IBBI (See 'Legal Desk') Critical Minerals Summit concludes (See 'Corp Brief') Cr.P.C. - While adjudicating on bail application court is duty bound to ensure that accused's right to life and right to health is not violated : HC (See 'Legal Desk') PMLA - Petitioner cannot claim bail as matter of right for treatment only at specialized hospital of his choice : HC (See 'Legal Desk') SEBI (Research Analysts) Regulations, 2014 for ontravention of RA Regulations Certificate of Registration of Noticee Gaurav Sarda can be cancelled : SEBI (See 'Legal Desk') REC Ltd declares financial results, records highest ever annual net profit (See 'Corp Brief') Trade Marks Act - Defendant's adoption of Trademark is not in good faith and potential confusion encroaches upon Plaintiff's statutory trademark rights : HC (See 'Legal Desk') SEBI Act - Noticee was maintaining call records which were sent to SEBI : SEBI (See 'Legal Desk') Arbitration - Petition u/s 29A for extension of mandate of Arbitral Tribunal can be filed even after mandate has expired : HC (See 'Legal Desk') Mines Ministry to hold 2-day Critical Minerals Summit (See 'Corp Brief') IBC - When one party owes debt to another and creditor is claiming under written agreement providing for rendering 'service', debt is operational debt if claim of debt has some connection with service : SC (See 'Legal Desk') Companies Act - Stamp duty @5% market value of property is liable to be paid only when property is situated within State of Madhya Pradesh otherwise not : HC (See 'Legal Desk') SEBI Act - Final opportunity of inspection of documents and cross-examination of witnesses should be given to Appellants : SAT (See 'Legal Desk') SARFAESI Act - Mere discovery of new or important matter or evidence is not a sufficient ground for review ex debito justitiae : HC (See 'Legal Desk') Conference organized on Maritime Amrit Kaal Vision 2047 (See 'Corp Brief') PMLA -Bail application can be dismissed as petitioner failed to satisfy conditions for grant of bail : HC (See 'Legal Desk') CSIR, NIScPR organize national workshop to celebrate World Intellectual Property Day (See 'Corp Brief') SEBI Act - Appellants have failed to substantiate their claim of financial distress nor have they brought any new fact or circumstances requiring grant of interim relief : SAT (See 'Legal Desk') ACC delivers lifetime highest annualised PAT (See 'Corp Brief') Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC (See 'Legal Desk') SJVN inaugurates First Multi-purpose Green Hydrogen Pilot Project (See 'Corp Brief') IBC - Even if CIRP commences, Directors, who are incharge of affairs of Company cannot be absolved of any wilful default committed by borrower Company : HC (See 'Legal Desk') REC to extend loan of Rs 1869 Cr for Kiru Hydro Electric Project (See 'Corp Brief')

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PM addresses Conference on Disaster Resilient Infrastructure

Published: Apr 24, 2024

By TIOLCorplaws News Service

NEW DELHI, APR 24, 2024: Prime Minister, Narendra Modi, addressed the 6th edition of the International Conference on Disaster Resilient Infrastructure via video message today.

Addressing the gathering, the Prime Minister extended a warm welcome to all the dignitaries and said that their participation would strengthen the global discourse and decisions on the important issue of Disaster Resilient Infrastructure. Reflecting on the impressive growth of the Coalition for Disaster Resilient Infrastructure since its inception in 2019, the Prime Minister underlined that it is now a global coalition of 39 countries and 7 organizations. "This is a good sign for the future", he added.

Noting the growing frequency and severity of natural disasters where the damage caused is usually evaluated in dollars, the Prime Minister highlighted that its true impact on people, families and communities is beyond numbers. Shri Modi drew attention to the impact of natural disasters on humans and mentioned earthquakes destroying houses making thousands of people homeless and natural disasters disrupting water and sewage systems putting people's health at risk. He also touched upon natural disasters that can impact energy plants leading to potentially dangerous situations.

The Prime Minister emphasized, "We must invest in resilient infrastructure today for a better tomorrow." He stressed that resilience must be factored into new infrastructure creation while also being a part of post-disaster rebuilding. The Prime Minister pointed out that the focus should shift towards resilience in infrastructure once relief and rehabilitation are carried out after a disaster strikes.

Underlining that nature and disasters have no borders, the Prime Minister said that disasters and disruptions cause widespread impact in a highly interconnected world. "The world can be resilient collectively, only when each country is resilient individually", PM Modi said. He stressed the importance of shared resilience due to shared risks and said that CDRI and this conference will help the world come together for this collective mission.

"To achieve shared resilience, we must support the most vulnerable", the Prime Minister remarked. Referring to the Small Island Developing States at high risk of disasters, Prime Minister Modi mentioned a CDRI program for funding projects across 13 such places. He gave examples of resilient housing in Dominica, resilient transport networks in Papua New Guinea, and enhanced early warning systems in the Dominican Republic and Fiji. He expressed satisfaction that CDRI also has a focus on the Global South.

The Prime Minister recalled the formation of a new Disaster Risk Reduction Working Group with financing at the heart of its discussions during India's G20 Presidency and said that such steps will take the world to a resilient future along with the growth of CDRI. He concluded his address by expressing confidence about the fruitful deliberations at ICDRI over the next two days.

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