GVK Reddy

  Hospitality has been one of the industries that have received the hardest blows of COVID-19. Hospitality has been one of the industries that have received the hardest blows of Covid 19. Sustaining their costs through travellers and tourists alone – the pandemic had quickly and unexpectedly blocked their only source of sustenance, leaving the industry in a gloomy state of depletion and drop. If we draw back to 2020, Hospitality was one sector along with tourism, travel or retail that directly froze with the imposed lockdown in the country. Travelling was not as common anymore, and on the other end, the entire working setup was shifted to digital means, curtailing the need for professionals to travel for corporate meetings or business trips. Amid the colossal wreck of its economy with the first wave of Covid, the Indian Hospitality sector witnessed a massive drop of 38.7 % in Revenue based on its Per Available Room. Dr.  GVK Reddy  assesses this recession in the hospitali...

  C hairman of the GVK Group, Dr. GVK Reddy assesses the strengths of the new and promising Electricity Draft, underscoring the interest of the nation through a series of suggestions and unveiling the possible challenges that lie ahead of it. What is the National Electricity Policy Draft It is an ambitious government initiative that aims to accelerate the power infrastructure of the country, creating a sustainable power highway that makes electricity accessible to every pocket in the country. More electricity genera t ion & supply and the extended use of renewable power sources are at the core of the project. Of late in 2021, two months after the project was announced, the Ministry of Power, India set up a bench of experts to formulate and map this new strategy. The panel comprises an amalgamation of members from the various state governments, The NITI Aayog, Central Electricity Authority and the Ministry of New and Renewable Energy. The former Chairman of the Central Electrici...