SIDBI organizes conclave of Heads of RRBs for MSME Co-Lending arrangement (See 'Corp Brief') Prasada strengthens India-Morocco Economic Partnership (See 'Corp Brief') India, Seychelles hold Bilateral Meeting to strengthen Strategic Cooperation in Fisheries (See 'Corp Brief') IBC - Violation of the principles of natural justice cannot be alleged when a financial institution denies an extension of time under circumstances marked by deliberate dilatory tactics: HC (See 'Legal Desk') CAQM conducts Special Surprise Inspection drive in Loni, Ghaziabad (See 'Corp Brief') High-Level Meeting between Indian Coast Guard and Vietnam Coast Guard held in Chennai (See 'Corp Brief') Limitation - Sufficient cause u/s 5 cannot be construed so liberally as to condone gross negligence, prolonged inaction or lack of bona fide - discretion to condone delay be exercised judicially rather than on sympathetic considerations: HC (See 'Legal Desk') PMFME Conclave 2026 Concludes with Recognition of Top-Performing States & Banks (See 'Corp Brief') CCI okays acquisition of stake in Kestrel Coal Group by Yancoal Australia (See 'Corp Brief') CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd (See 'Corp Brief') IPR - Without solid proof of 'deceptive similarity' or established market 'goodwill,' brand owner cannot restrain competitor from using common descriptive words or distinct symbols: HC (See 'Legal Desk') CSR must move beyond expenditure to outcomes & value addition for communities: IICA (See 'Corp Brief') Scindia commends C-DOT Scientists, Researchers and Young Officers (See 'Corp Brief') IPR - Applicant may correct or amend trademark application so long as change does not amount to substantial alteration of mark originally applied for: HC (See 'Legal Desk') Railways launches Special Drive for Disinfection of Drinking Water Tanks (See 'Corp Brief') Regional Manthan Conference on Road Safety held (See 'Corp Brief') Minister highlights successful Blended Green-Finance Framework for Land Restoration (See 'Corp Brief') IPR - Mere addition of descriptive suffix or insertion of corporate descriptors in trade name, does not sufficiently distinguish, particularly when competing goods target same class of consumers: HC (See 'Legal Desk') India Post accelerates Digital and Infrastructure Transformation with Upgraded Dak MITRA (See 'Corp Brief') NA-Allocated Talabira II & III Coal Mines mark Record Production in FY 2025-26 (See 'Corp Brief') MeitY Startup Hub, MSH Emerging as Key National Enabler for India's Startup (See 'Corp Brief') SEBI - Bail denied where alleged offences involve large-scale cheating of investors and mobilisation of public funds, causing harm to individuals as well as to public confidence & economy: HC (See 'Legal Desk') India-Cambodia Bilateral Trade grows over 36% to USD 406.78 Million (See 'Corp Brief') India restored 21.76 mn ha land during 2011-2020: Yadav (See 'Corp Brief') IBC - Extraordinary remedies such as forensic audit u/s 241-242 of Companies Act cannot be granted on mere allegations or shareholder distrust: NCLT (See 'Legal Desk') NCSK distributes Appreciation Certificates among Outstanding Safai Karamcharis (See 'Corp Brief') Stakeholders explore actionable measures to promote inclusivity across financial institutions (See 'Corp Brief') SEBI - Writ court's intervention not needed in respect of a preliminary SCN proposing to conduct an inquiry & giving opportunity to petitioner to present objections: HC (See 'Legal Desk') EPFO urges establishments to utilize Employees' Enrolment Campaign, 2026 (See 'Corp Brief') SEBI - Regulator cannot substitute its own commercial judgment for business decision of a company in relation to funding its wholly owned subsidiary: SAT (See 'Legal Desk') MoS delivers inaugural address at BRICS Science Ministerial Meet at Chennai (See 'Corp Brief') SEBI - Noticee cannot be held liable for carrying out unregistered investment advisory activities or for promising assured returns where evidence does not exist to show that Noticee conducted core advisory activities: SEBI (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

Print

MoRD, Convergence Energy Services sign MoU to facilitate Green Mobility for SHG Women

Published: Jul 06, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 06, 2024: THE Ministry of Rural Development (MoRD) yesterday signed an MoU with Convergence Energy Services Limited (CESL), a wholly owned subsidy of EESL, to help facilitate "Sustainable Transport for Rural Entrepreneurs through Electric Bicycles" (STREE) for Self Help Group (SHG) Women under Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM). STREE intends to empower the rural economy, especially the rural women by providing them access to green mobility through the introduction of electric bicycles.

The MoU was signed by Joint Secretary, Rural Livelihoods from MoRD Smriti Sharan and MD & CEO, CESL from CESL. Vishal Kapoor  in the presence of Secretary, Rural Development Shailesh Kumar Singh.

Speaking on the occasion, Shailesh Kumar Singh stated that this partnership of Green Mobility will further support economic & social empowerment of rural women and accelerate enabling of Lakhpati Didis in line with Prime Minister Narendra Modi's vision.

Signing the MoU, Smt Smriti Sharan stated that this partnership with EESL will prove to be a boon to the SHG women in rural entrepreneurship with green wheels.

Signing the MoU, Vishal Kapoor said through this intervention CESL is keen to support the Government's initiative of enabling three crore "Lakhpati Didis" in rural areas, reflecting its commitment towards women empowerment & national green objectives.

The project aims to build livelihood opportunities independence and prosperity amongst SHG women, elevating their socio-economic standing. Additionally, the project intends to keep rural mobility congestion free thereby contributing towards decarbonisation of the last mile mobility space.

Convergence Energy Services Limited (CESL) is a subsidiary of state-owned Energy Efficiency Services Limited, a joint venture of public sector companies under the Ministry of Power, Government of India. CESL is focused on energy solutions that lie at the confluence of renewable energy, electric mobility and climate change.

DAY- NRLM is focusing to promote SHG women led enterprises with diversified opportunities in manufacturing and service sector covering the farm and non-farm domains. Since its launch, DAY-NRLM has helped create the largest platform for social inclusion, access to financial services and women's economic empowerment.

The MoU signing event was also joined by Ritu Singh, DGM from CESL and Rajeev Singhal from NMMU, MoRD and other officials from MoRD and CESL.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.