Press Trust Of India COMMENT “With the time which is in our hand, we must ensure that India is no more a country which is not taken seriously in the Olympics. I will definitely not be satisfied as a sports minister of the country if we don’t win medals,” he said. The minister said nest year’s Tokyo Olympics is the immediate target but infrastructure needs to be put in place for future events for athletes to perform well. “Tokyo is an immediate target with the existing talent. We cannot create champions overnight. It’s not possible to create world champions in a year or two. We have to ensure that the entire infrastructure is in place,” Rijiju said.”Having said that, we have certain existing talents at our disposal and we have to make the best of it. I hope Tokyo 2020 will be a good platform for India to have a best-ever Olympic performance but we have limitations. However, there is nothing stopping us from 2024 Paris and especially the 2028 Los Angeles Olympics which is more than 8 years away” he added.READ: Lost in translation: swimmer Sun Yang’s doping case hits interpretation snagOn performing well at international eventsRijiju also emphasised on the need to do well at international sporting events.”As a young nation, we can’t afford to lag behind in the international level of competition — be it the Olympics, Asian Games or any of the world championships.”We are a young nation that’s why we have to set an ambitious target. In the meeting with IOA (national Olympic body) and NSFs (sports federations), I had given them a very ambitious target. It’s not easy but not impossible either,” he said. “We are rising. In the last six months, our ranking and performance has increased. Most of the results I’ve calculatedare the best-ever,” he said.READ: India’s chess wizard Viswanathan Anand turns 50READ: David Schumacher to race in MRF Challenge SUBSCRIBE TO US “If we can’t prepare ourselves for something that far (2028 Los Angeles Olympics) then we have to blame ourselves in terms of policymaking, setting a direction and channelising the resources,” Rijiju said at FICCI’s “Turf 2019” Global Sports Summit First Published: 11th December, 2019 15:03 IST FOLLOW US Last Updated: 11th December, 2019 16:10 IST Rijiju Expects Best-ever Haul In Tokyo, Sets Sight On 2028 Olympics Sports Minister Kiren Rijiju is hoping for a best-ever medal haul from the country’s athletes in the Tokyo Olympics. Also has a vision for 2028 Olympics Sports Minister Kiren Rijiju is hoping for a best-ever medal haul from the country’s athletes in the Tokyo Olympics but warned that the blame would lie with all the stakeholders if India fails to put up a good show in the 2028 Games. Rijiju said eight years should be enough for India to prepare its best for the Los Angeles Olympics.F1: Watch young Charles Leclerc and Max Verstappen battle in kart raceKiren Rijiju on 2028 preparations Written By LIVE TV WATCH US LIVE
…spending oil money to be guided by GSDS frameworkThe much-anticipated draft Sovereign Wealth Fund (SWF) policy, which has been with the Finance Ministry since early 2017, is expected to be presented to cabinet early next month, setting into motion the official establishment of the fund.This is according to Finance Minister Winston Jordan, who made this disclosure at a press conference on Friday. According to Jordan, the green paper (proposal) for the fund, renamed the Natural Resources Fund, is presently being finalised.Jordan also noted that the green paper seeks to determine how monies from the fund will be guided by the Government’s Green State Development Strategy (GSDS).The policy has been with the Finance Ministry since 2017The strategy, he said, contains 15 areas of development, in which context Government can conduct consultations.“That debate can be accelerated in the context of the Green State Development Strategy. The coalition Government’s blueprint is going to be the Green State Development Strategy: trying to put in place resilient infrastructure, trying to bridge the gaps, create additional towns and new spaces, and make Guyana green. That will require money,” he declared.“We can end up with a blueprint of what we want to do. During the annual budget exercise, there are widespread consultations, but to suggest that we need to call people together and sit around the campfire and determine how to spend this money, I don’t think anyone seriously could believe that there would be a model to push this country forward. We cannot discuss what we want to do with the oil money outside of a framework,” Jordan declared.GSDSWhen the GSDS was introduced, it was billed as a framework that would “build” on the Low Carbon Development Strategy (LCDS) designed by the previous administration to protect the environment while receiving financing.According to the framework document, a critical element will be the sustainable management of natural resources. In fact, one of the strategy’s goals is the mandatory reforestation of mining sites.The document stated that it will aim to “conserve an additional 2 million hectares through Guyana’s National Protected Area System, continuing to use its monitoring, reporting and verification (MRV) system.”It also plans on continuing promotion of the Iwokrama as a dedicated place for research “to develop, demonstrate, and make available to Guyana and the international community systems, methods and techniques for the sustainable management and utilisation of the multiple resources of the tropical forest and the conservation of biological diversity.”In the document, it is stated that a combination of conservation and sustainable management of its forests will form the crux of the strategy.It is noted that attracting additional international support for avoided deforestation through reforms in timber industries would include reduced impact logging.It is also slated to include “reviewing compliance with agreed sustainability targets; and in the mining industry, including mapping of mining resources, improving mining efficiency, and mandatory reforestation of mining sites. Some of these activities are already in the pilot phase. For example, sustainable land management and development – putting degraded and deforested lands to productive use.”The framework document states that the elements of the strategy will be examined and consulted upon between April and December of 2017. Public consultations are yet to begin.Within the framework, seven “central themes” are provided. They include promises to diversify the economy, “creating decent jobs for all”, transitioning to renewable energy, and “human development and wellbeing.”The framework of the GSDS and financing mechanisms’ document was completed in March with financial and technical support from UN Environment. Initial consultations in regard to the development of the framework document began in December 2016 between the Government and other key stakeholders.