News Update

India, Singapore sign LOI on Green ShippingFinance Bill 2025 as passed by Lok SabhaAIIMS, SAMEER sign MOU to enhance innovation in healthcare technologyGST - Challenge to notifications extending time limit for issuing SCNs u/s 73, 74 - Strong prima facie case for granting interim relief - Respondent restrained from taking any coercive action: HCIBM Global Head meets MoS to join hands in AI and quantum technologyGST - Petitioner submits that due to an inadvertent error and intricacy of law, they had not complied with requirement of pre-deposit because of which appeal was rejected - Technical ground, hence one more opportunity granted to make payment of pre-deposit: HCCBI searches former Chhattisgarh CM’s residence in PMLA caseGlobal CEO of Eli Lilly meets MoS for partnership in Insulin and NCD therapiesCus - Encroachment of jurisdiction by Customs, that too for such cause which already stands adjudicated by the competent authority viz. DGFT - Order set aside and appeals allowed: CESTATJustice Harish Tandon takes over as CJ of Orissa HCDues Before Views: The Mysterious Missing GSTATCus - Department vested with authority to recover duty u/s 12 of Customs Act due to non-fulfillment of post-importation conditions under exemption Notfn No. 111/95-Cus: CESTATUkraine, Russia decide not to strike at energy infrastructureCus - EPCG - Failure to meet export obligations - duty demand be computed based on duty applicable at time of import, not limited to bond amount: CESTATUS blacklists more Chinese entities for exportsCus - Anti dumping duty is not attracted on color coated aluminum coil imported by appellant : CESTATIMF okays another tranche of USD 1.3 billion loan to PakistanCus - The unlawfully retained funds must be returned with adequate compensation to the affected party: CESTAT#MeToo movement a ‘reign of terror’, says French actor Gerald DepardieuMajority of Americans wants Presidents to obey courts: PollsST - Supply of DG sets met all five conditions laid for a 'deemed sale,' including transfer of effective possession and control, service tax is not applicable in such cases: CESTATAustralia goes for tax cuts in pre-election budgetIndia not to lock horns over tariffs with US; may lower duty on many productsI-T-Continued issuance of penalty notices & filing of false affidavit despite High Court's clear order, amounts to willful disregard & contempt: HCFM says Income Tax Bill to be taken up in monsoon sessionI-T- As is trite law, interest income from deposits with cooperative banks is exempt under Section 80P(2)(d): HCTenure of JPC on One nation one election extended till Monsoon SessionI-T- Showing sales / VAT return is not sufficient to justify source of cash deposits in bank account: ITATDelhi Govt decides to relocate Tihar Jail; earmarks Rs 10 Cr for survey
 
Skill gap issues need to be addressed through industry-academia-govt partnerships: MoS

By TIOL News Service

NEW DELHI, MAR 24, 2025: "IN yesterday's knowledge driven world, right skill set gives us both the merit as well as national growth" - highlighted Jayant Chaudhary, Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship. Speaking as the Chief Guest of the 3rd Annual Technical Festival "EPITOME 2025" of Gati Shakti Vishwavidyalaya Vadodara, through a video conference. Chaudhary emphasized that "Transportation is all about acceleration, and it accelerates growth. Future of Logistics is green and digital, and AI driven predictive maintenance shall be a key driver".

Gati Shakti Vishwavidyalaya successfully concluded its 3rd Annual Tech-Fest "EPITOME'25". The fest over the course of two days covered immersive technical sessions from industry experts, deliberation over technological application for economy growth and display of path-breaking ideas for real world applications.

The Minister emphasized the role of Logistics efficiency, and PM Gati Shakti National Master Plan. He mentioned that the investment by the country in multimodal logistics, aviation, railways, maritime etc are opening up global career pathways for the youth. However, the entire sector (Railways, Aviation, Logistics etc) being highly technical in nature, requires highly skilled manpower. Industry, Academia and Government must work in synergy for creating these skilled professionals to reduce errors and increase efficiency.

Highlighting the role of Ministry of Skill Development and Entrepreneurship, he mentioned that doubling of India's startup ecosystem by 2030, from 1.2 lakh to 2.4 lakh, is projected to create 50 million jobs, including direct white-collar roles, gig economy opportunities, and indirect jobs across industries and; therefore sector-specific skilling programs and encouraging startup culture are extremely important. The Govt of India has recently announced 60,000 crores scheme to upgrade ITIs.

Strongly praising the "Industry-driven" approach of Gati Shakti Vishwavidyalaya, Chaudhary advised the university to partner and mentor NSTIs to significantly enhance the reskilling and upskilling initiatives.

The event was a hub of exchanging ideas, fostering steadfast collaborations, mentoring of young minds along with exploring and forming new alliances. It featured addresses from various industry leaders and from entities of social significance all highlighting the role of education institutes in cultivating young minds to reinforce and propel India towards Viksit Bharat by 2047.

The 2-day technical festival with the theme "Transport 360: Land, Air, Sea and Beyond" attracted several top companies in the sector. Speaking on the occasion, Dr. Hemang Joshi (MP of Vadodara) spoke about the PM's vision of Viksit Bharat 2047 and very important role of Gati Shakti Vishwavidyalaya in it. At the occasion, Prof. Manoj Choudhary (Vice-Chancellor, Gati Shakti Vishwavidyalaya) briefed about the progress of university in its "Industry-driven Innovation-led" vision. Leading experts in the Transportation and Logistics sector joined to deliberate and exchange ideas: Davinder Sandhu (DB Engineering), Suraj Chettri (Airbus), Anil Kumar Saini (Alstom), Andreas Foerster (Tata Advanced Systems), Jaya Jagadish (AMD), Prof. Vinayak Dixit (UNSW Australia), Praveen Kumar (DFCCIL) and Maj. Gen. R. S. Godara.


POST YOUR COMMENTS
   

TIOL Tube Latest

Technical Session 1: Decoding New Income Tax Bill 2025



Technical Session 2 - Retrospective Taxation - Surge in GST Litigation - Possible Remedies.


Technical Session 3 : Sustainability - An Economic Imperative.